In Q2 2026, Berkshire Hathaway's cash reserves fell 8% to $365.5 billion as new CEO Greg Abel increased spending, including $4.5 billion on share buybacks and a net $20 billion increase in equity investments, notably a $10 billion stake in Alphabet. Operating earnings rose 16% to $12.98 billion, driven by strong performance in energy and rail sectors, despite weaker insurance results. Abel's active capital allocation signals confidence in the company's value and growth prospects. The company also adjusted its DaVita stake in line with a prior agreement. Investors will watch Berkshire's upcoming portfolio disclosures for further insights.
Berkshire Hathaway is currently undervalued with a fair value estimated at $1.18 trillion, about 8% above its current market cap. Under Greg Abel’s leadership, the company has made significant investments, including $10 billion in Alphabet and a $6.8...
Berkshire Hathaway is well-positioned to benefit from rising interest rates, holding $324.9 billion in Treasury bills that will reprice higher, alongside a $177.5 billion insurance float that funds its growth. Despite concerns about succession, Greg ...
Warren Buffett has stepped down as Chairman of Berkshire Hathaway, handing over the role to his son, Howard Buffett. This leadership change follows Buffett's earlier step down as CEO, with Greg Abel now running the company. Buffett cited his advanced...
Legendary investor Warren Buffett has stepped down as chairman of Berkshire Hathaway after serving since 1965, with his son Howard Buffett taking over immediately. Buffett, who recently stepped down as CEO, expressed confidence in the company's futur...
Warren Buffett has stepped down as chairman of Berkshire Hathaway, effective immediately, transitioning to chairman emeritus. His son, Howard Buffett, will take over as chairman, while Greg Abel continues as CEO. Buffett, who led the company since 19...
