Berkshire Hathaway’s running earnings rise nearly 7%, funds pile techniques $150 billion

Berkshire Hathaway’s running earnings rise nearly 7%, funds pile techniques 0 billion


Key Points
  • The Omaha-based conglomerate’s running earnings totaled $10.043 billion last quarter, 6.6% better than the determine from the exact same quarter a year ago.
  • Net income totaled $35.91 billion, in comparison with a $43.62 billion loss in the course of the next quarter past year.
  • Berkshire’s large funds pile grew to $147.377 billion at the conclude of June, around a file and substantially higher than the $130.616 billion in the 1st quarter.



Supply

Stocks making the biggest moves premarket: Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more
Finance

Stocks making the biggest moves premarket: Coca-Cola, CVS Health, Ferrari, Taiwan Semi and more

Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — The semiconductor foundry’s stock rose 3% after the firm posted its highest monthly revenue ever. Its January revenue soared to $401.3 billion New Taiwan dollars, up 37% from the same quarter a year ago, the firm said Tuesday in a statement. Dupont […]

Read More
Stocks making the biggest moves after hours: ON Semiconductor, Upwork, Chegg and more
Finance

Stocks making the biggest moves after hours: ON Semiconductor, Upwork, Chegg and more

Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork — […]

Read More
Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Nexstar, Workday, Hims & Hers
Finance

Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Nexstar, Workday, Hims & Hers

Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have […]

Read More