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Berkshire Hathaway Reports Strong Q2 Earnings, Deploys Cash into Stocks

Berkshire Hathaway reported a significant increase in its second-quarter operating earnings, more than doubling its bottom-line profit. CEO Greg Abel has ended a multi-year selling streak, deploying a net $20 billion into stocks, with cash reserves reaching $365.5 billion.

8 Aug, 12:22 — 8 Aug, 12:22
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FTVery High2h ago

Greg Abel finally puts Buffett’s cash pile to work

Berkshire Hathaway’s chief ends more than three-year selling streak as he ploughs a net $20bn into stocks

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Coverage Timeline

First report: seeking-alpha · 8 Aug, 12:09Full coverage: 3 · 36mWindow: 36m
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seeking-alpha8 Aug, 12:09First to report

Berkshire Hathaway Q2 operating earnings +16% Y/Y, cash at $365.5B

FT8 Aug, 12:22

Greg Abel finally puts Buffett’s cash pile to work

vg8 Aug, 12:45Latest update

Berkshire Hathaway tjente 12,9 milliarder dollar på driften

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