Berkshire Hathaway Inc., the conglomerate led by Warren Buffett, reported a 14% decline in operating earnings compared to the previous year. This decrease coincided with an unprecedented rise in the company’s cash reserves, which reached a new record high of $347.7 billion. The surge in cash holdings came as Berkshire Hathaway faced challenges in deploying its funds amidst ongoing tariff uncertainties.
Buffett’s Berkshire Lifts Cash Pile to Record $347.7 Billion
Berkshire Hathaway Inc., the conglomerate led by Warren Buffett, reported a 14% decline in operating earnings compared to the previous year. This decrease coincided with an unprecedented rise in the company’s cash reserves, which reached a new record high of $347.7 billion. The surge in cash holdings came as Berkshire Hathaway faced challenges in deploying…
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