Berkshire Hathaway shares drop more than 4% after poor fourth-quarter results, no bold moves by new CEO Abel

Key Points

Shares of the Omaha-based conglomerate fell after Berkshire reported operating earnings of $10.2 billion in the fourth quarter – a nearly 30% decline from the year-ago period.
Berkshire ended 2025 with a cash pile of more than $370 billion. Some on Wall Street had hoped for more aggressive signals on capital deployment.

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