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Monday, 08/07/2023 11:42:17 AM

Monday, August 07, 2023 11:42:17 AM

Post# of 2153
"Berkshire shares hit record high as investors cheer strong earnings, Buffett’s near-record cash pile"

"Berkshire Hathaway shares rallied to a record high Monday following a strong quarterly report that showed a rebound in insurance operations as well as a massive cash hoard that swelled to nearly $150 billion.

Berkshire’s Class A shares climbed 2.7% to hit an all-time high of $547,907.55 on an intraday basis, exceeding the conglomerate’s previous high from March 2022. Class B shares of Warren Buffett’s conglomerate rose a similar 2.8%, on track to close at a record high."

https://www.cnbc.com/2023/08/07/berkshire-hathaway-rises-as-investors-cheer-strong-earnings-and-buffetts-near-record-cash-stockpile.html

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