* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, June 26, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Frontdoor Announces Tech Expert Dr. Bala Ganesh as Chief Technology Officer – Business Wire

    Frontdoor Appoints Tech Visionary Dr. Bala Ganesh as New Chief Technology Officer

    Defense technology giant Northrop Grumman to host interviews in Iuka to fill technician roles – supertalk.fm

    Defense technology giant Northrop Grumman to host interviews in Iuka to fill technician roles – supertalk.fm

    China’s Military Introduces Mosquito-Sized Drones: A Game-Changing Surveillance Technology – Indian Defence Review

    China Unveils Mosquito-Sized Drones: Revolutionizing Surveillance Technology

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

    Top Technology Stocks to Watch Today – June 22nd

    Technology Convergence Report 2025 – The World Economic Forum

    Technology Convergence Report 2025 – The World Economic Forum

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Frontdoor Announces Tech Expert Dr. Bala Ganesh as Chief Technology Officer – Business Wire

    Frontdoor Appoints Tech Visionary Dr. Bala Ganesh as New Chief Technology Officer

    Defense technology giant Northrop Grumman to host interviews in Iuka to fill technician roles – supertalk.fm

    Defense technology giant Northrop Grumman to host interviews in Iuka to fill technician roles – supertalk.fm

    China’s Military Introduces Mosquito-Sized Drones: A Game-Changing Surveillance Technology – Indian Defence Review

    China Unveils Mosquito-Sized Drones: Revolutionizing Surveillance Technology

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Marvell Technology Stock Rallies After AI Event Sparks Investor Optimism – Yahoo Finance

    Promising Technology Stocks To Follow Today – June 22nd – MarketBeat

    Top Technology Stocks to Watch Today – June 22nd

    Technology Convergence Report 2025 – The World Economic Forum

    Technology Convergence Report 2025 – The World Economic Forum

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Billionaire Buffett’s Berkshire Hathaway Hits Record $157 Billion Cash — But Loses On Investments

November 5, 2023
in Business
Billionaire Buffett’s Berkshire Hathaway Hits Record $157 Billion Cash — But Loses On Investments
Share on FacebookShare on Twitter

Topline

Billionaire investor Warren Buffett’s Berkshire Hathaway reported a record $157.2 billion cash pile Saturday morning amid a surge in operating profit, as the conglomerate’s shares continue to climb, while its billionaire officials flirt with a potential new major acquisition.

Warren Buffett, the CEO of Berkshire Hathaway, which boasted a 40% boost in operating earnings.

Copyright 2018 The Associated Press. All rights reserved.

Key Facts

Berkshire Hathaway, whose subsidiaries run the gamut from insurance giant Geico to ice cream chain Dairy Queen, reported a third-quarter operating profit of $10.76 billion in the period ending September 30, a 40.6% boost from $7.65 billion in the third quarter of 2022.

The Omaha, Nebraska-based company’s cash at the end of September topped its $147.4 billion at the end of the previous quarter, and shattered the company’s previous record of $149.2 billion in the third quarter of 2021.

The company’s performance comes as it takes advantage of rising bond yields, while its soaring cash could enable the conglomerate to make a major purchase — Berkshire vice chairman Charlie Munger told the Wall Street Journal the odds of a big acquisition under his leadership with Buffett are “at least 50/50.”

Berkshire Hathaway also reported a $23.5 billion investment loss in the third quarter, due in part to a quarterly drop in shares of Apple, in which Berkshire owns a minority stake (Apple’s shares have rebounded more than 3% since September 30 and are up more than 41% on the year).

In its statement, the conglomerate also acknowledged its dealings have been impacted by geopolitical conflicts, disruptions to the supply chain, prolonged inflation and “government and private sector actions to mitigate the adverse economic effects of the Covid-19 virus and its variants.”

Tangent

Berkshire Hathaway’s class A stock has climbed nearly 14% year to date, with share prices skyrocketing by more than $64,600. The company’s stock had climbed roughly 6% between June 21 and mid-September to an all-time high of $563,072 on September 19, making it one of the summer’s biggest movers on Wall Street — shares have since fallen roughly 6%, to $534,132.

Forbes Valuation

We estimate Buffett’s net worth at $117.5 billion, making the 93-year-old — who has vowed to donate more than 99% of his wealth — the world’s fifth-richest person.

Further Reading

Summer’s Over: Here Are The Stock Market’s Most Notable Winners And Losers (Forbes)

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Forbes – https://www.forbes.com/sites/brianbushard/2023/11/04/billionaire-buffetts-berkshire-hathaway-hits-record-157-billion-cash—but-loses-on-investments/

Tags: billionaireBuffett’sbusiness
Previous Post

Wars are closing down the window for climate action

Next Post

Modern Warfare 3’s Campaign Is A Series Low Point, And Microsoft Should Take Notice

House panel wrangles on rail safety technology – FreightWaves

House Panel Sparks Debate Over the Future of Rail Safety Technology

June 26, 2025
The Desert Sun unveils its Top Spring Athletes: History-makers and record-breakers – The Desert Sun

Meet This Spring’s Top Athletes: History-Makers and Record-Breakers Revealed!

June 26, 2025
HUD to move into the National Science Foundation headquarters, no current plan on where to relocate NSF employees – Government Executive

HUD to move into the National Science Foundation headquarters, no current plan on where to relocate NSF employees – Government Executive

June 25, 2025

Protecting the Boundless Future of U.S. Science: Tackling Tomorrow’s Challenges Today

June 25, 2025
LVMH’s Paris Olympics partnership wins Luxury and Lifestyle Grand Prix – Ad Age

LVMH Shines Bright with Luxury and Lifestyle Victory at Paris Olympics Partnership

June 25, 2025
Why the Strait of Hormuz, A Vital Oil Route, Is Vulnerable to Israel-Iran Conflict – The New York Times

Why the Strait of Hormuz, A Vital Oil Route, Is Vulnerable to Israel-Iran Conflict – The New York Times

June 25, 2025
Dying honey bees are threatening California’s economy. Can Central Valley lawmakers save them? – CalMatters

Dying honey bees are threatening California’s economy. Can Central Valley lawmakers save them? – CalMatters

June 25, 2025
Butler launches sports, entertainment institute focused on local events – Inside INdiana Business

Butler Launches Exciting New Sports and Entertainment Institute Spotlighting Local Events

June 25, 2025
Expert panel picked by RFK Jr. will scrutinize the vaccine schedule for kids – NPR

Expert panel picked by RFK Jr. will scrutinize the vaccine schedule for kids – NPR

June 25, 2025
What Is a Democratic Socialist? – The New York Times

What Is a Democratic Socialist? – The New York Times

June 25, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (698)
  • Economy (717)
  • Entertainment (21,612)
  • General (15,566)
  • Health (9,756)
  • Lifestyle (722)
  • News (22,149)
  • People (719)
  • Politics (724)
  • Science (15,935)
  • Sports (21,214)
  • Technology (15,702)
  • World (697)

Recent News

House panel wrangles on rail safety technology – FreightWaves

House Panel Sparks Debate Over the Future of Rail Safety Technology

June 26, 2025
The Desert Sun unveils its Top Spring Athletes: History-makers and record-breakers – The Desert Sun

Meet This Spring’s Top Athletes: History-Makers and Record-Breakers Revealed!

June 26, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version