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Berkshire Hathaway's Q2 operating earnings rise 16%, CEO Abel boosts buybacks and stock purchases.

Company Fundamentals
08 Aug 2026
CNBC
View Source
Bullish
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Berkshire Hathaway reported a 16% increase in operating earnings for Q2, reaching $12.98 billion, driven by strong performance in energy, railroad, and manufacturing sectors. CEO Greg Abel, who took over from Warren Buffett, is actively deploying the company's record cash reserves, including $4.5 billion in share buybacks and nearly $20 billion in net stock purchases, reversing a long trend of selling equities. Despite weaker insurance results, the company's strategic investments and acquisitions, such as Taylor Morrison, signal a more aggressive capital deployment approach. Alphabet has become one of Berkshire's top equity holdings following a $10 billion investment earlier this year to support AI development.

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