Berkshire Hathaway’s Cash Pile Soars to Record $276.9 Billion

Category: Finance

Berkshire Hathaway Inc. reduced its stake in Apple Inc. by nearly 50% during a significant selling spree in the second quarter, resulting in Warren Buffett's cash reserves reaching a record $276.9 billion. The company reported a net stock sale of $75.5 billion and an increase in operating earnings to $11.6 billion compared to $10 billion a year earlier.

Keywords: Berkshire Hathaway, Apple Inc., Warren Buffett

Source: Bloomberg

Update At: 8/3/2024

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