$TRUMP Berkshire Hathaway boosts buybacks as operating profits decline
- Berkshire Hathaway announced a 5.8% decline in its third-quarter operating earnings on Saturday, as weak results in its insurance business weighed on the company, even as its cash reserves rose to a record $377.40 billion and the group accelerated its share repurchases.
Operating earnings—which Warren Buffett considers a more accurate measure of operating performance than net income, as they exclude unrealized investment gains and losses—fell to $12.70 billion from $13.48 billion in the same period last year, according to a regulatory filing submitted by the company.
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#JobsReportRaisesHikeOdds #BitcoinRebounds$75KAsChipsLead #ARKPlans14ThematicETFsCoveringAIAndTokenizedMarkets
- Berkshire Hathaway announced a 5.8% decline in its third-quarter operating earnings on Saturday, as weak results in its insurance business weighed on the company, even as its cash reserves rose to a record $377.40 billion and the group accelerated its share repurchases.
Operating earnings—which Warren Buffett considers a more accurate measure of operating performance than net income, as they exclude unrealized investment gains and losses—fell to $12.70 billion from $13.48 billion in the same period last year, according to a regulatory filing submitted by the company.
$XAU
#JobsReportRaisesHikeOdds #BitcoinRebounds$75KAsChipsLead #ARKPlans14ThematicETFsCoveringAIAndTokenizedMarkets
