Berkshire Earnings Rose Last Quarter and CEO Greg Abel Is Starting to Deploy Buffett's Massive Cash Hoard

Berkshire earnings rose last quarter and CEO Greg Abel is starting to deploy Buffett's massive cash hoard

Berkshire Hathaway reported operating earnings of $12.98 billion for the second quarter, up 16% from $11.16 billion in the prior year period. The increase was driven by strength in multiple segments, with manufacturing, service and retailing earnings jumping 24% to $4.47 billion and Berkshire Hathaway Energy’s profit surging 27% to $891 million. The railroad division BNSF posted a 6% increase to $1.56 billion in earnings. Insurance operations re…

Warren Buffett’s Successor Bought Back 19 Times More Berkshire Stock Than Last Quarter, and the Filing Says It Was Abel’s Decision, Not Buffett’s

Warren Buffett's successor, Greg Abel, is buying back billions in Berkshire stock, something Buffett himself decided not to do for all of 2025.