Berkshire Hathaway Reports Doubled Profit Driven by $13 Billion Investment Gain

Berkshire Hathaway announced a doubling of its profits in the latest quarter, largely attributed to a substantial investment gain of nearly $13 billion and the strategic deployment of $32 billion from its cash reserves.

8 Aug, 13:43 — 8 Aug, 13:43

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marketwatchMostly Factual18d ago

Berkshire Hathaway profit doubles, fueled by a near $13 billion investment gain

Berkshire Hathaway booked a near $13 billion gain on investments in the latest quarter, and has put $32 billion of its cash pile to work.

By Tomi Kilgore

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Berkshire Hathaway Reports Doubled Profit Driven by $13 Billion Investment Gain

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Berkshire Hathaway profit doubles, fueled by a near $13 billion investment gain

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