Earnings at Berkshire Hathaway Inc. fell in the second quarter as market volatility weighed on the company’s massive stock portfolio. The Omaha, Nebraska-based company, which owns companies ranging from insurer Geico to railroad BNSF Railway to sportswear maker Brooks Running, reported a $43.8 billion loss, or $29,754 per class A share equivalent. In the previous… Continue reading Market Volatility Hurts Buffett’s Berkshire Hathaway’s 2Q Earnings
Tag: Berkshire Hathaway Q2 results
All Eyes on Impact of Inflation, Rate Hikes, Market Downturn as Berkshire Hathaway Set to Report 2Q Results
Berkshire Hathaway Inc. is about to provide investors with an update on how it’s dealing with spiraling inflation, rate hikes, and a market downturn that has weighed on some of its largest holdings. According to analysts, Warren Buffett’s Berkshire Hathaway is set to report second-quarter results on Saturday, and the sharp sell-off that has plagued… Continue reading All Eyes on Impact of Inflation, Rate Hikes, Market Downturn as Berkshire Hathaway Set to Report 2Q Results