Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record 4 billion


Key Points
  • The Warren Buffett-led conglomerate said its operating profit — which encompasses earnings from the company’s wholly owned businesses — skyrocketed to $14.527 billion during the final three months of 2024.
  • That was led by by a whopping 302% jump in insurance underwriting from the year-earlier period to $3.409 billion.



Source

Stocks making the biggest moves premarket: Nvidia, Dollar General, Bath & Body Works, Snowflake, and more
Finance

Stocks making the biggest moves premarket: Nvidia, Dollar General, Bath & Body Works, Snowflake, and more

Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer slipped nearly 2% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Other chip stocks such as Taiwan Semiconductor, ASML, Advanced Micro Devices and Microchip […]

Read More
Stocks making the biggest moves after hours: Nvidia, Snowflake, CrowdStrike and more
Finance

Stocks making the biggest moves after hours: Nvidia, Snowflake, CrowdStrike and more

Check out the companies making headlines in after-hours trading. Nvidia – Shares of the chip giant fell more than 3%. The company’s second-quarter results beat on the top and bottom lines, posting adjusted earnings of $1.05 per share and $46.74 billion in revenue. That’s compared with the $1.01 per share and $46.06 billion, respectively, that […]

Read More
Stocks making the biggest moves midday: Paramount Skydance, Krispy Kreme, Kohl’s, Nvidia and more
Finance

Stocks making the biggest moves midday: Paramount Skydance, Krispy Kreme, Kohl’s, Nvidia and more

Check out the companies making the biggest moves midday: Paramount Skydance — The media stock lost more than 5%, marking its fourth straight day of losses, as the parent company of CBS continued to give back some of its sharp August gains. J.M. Smucker — The maker of Cafe Bustelo coffee and Jif peanut butter […]

Read More