Market movement: Berkshire Hathaway offloads $6 billion in stocks; global markets read caution signal
Berkshire Hathaway is holding a record $381.7 billion in cash, signaling a cautious approach to equity markets as the company continues to be a net seller of stocks. Despite this conservative stance and a pause in share buybacks, Berkshire reported strong quarterly earnings, with operating profit up 34%.🕒 1 min read
Berkshire Hathaway is holding a record $381.7 billion in cash, signaling a cautious approach to equity markets as the company continues to be a net seller of stocks. Despite this conservative stance and a pause in share buybacks, Berkshire reported strong quarterly earnings, with operating profit up 34%.
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