Warren Buffett’s Berkshire Hathaway: What to Expect from Tomorrow’s Earnings

Category: Finance

Berkshire Hathaway shares have risen 5.8% in the past month and 23% since the start of 2024, despite Warren Buffett reducing its stakes in Apple and BYD. The firm expects its cash reserves to reach $200 billion by the end of Q2 2024, driven by strong insurance underwriting earnings. Buffett emphasizes that net earnings should not be a primary concern for shareholders, as they do not accurately reflect the company's performance.

Keywords: Berkshire Hathaway, Warren Buffett, stock market

Source: CMC Markets

Update At: 8/2/2024

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