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Berkshire Inches Toward $1 Trillion Valuation After Results.
- Source :
- Bloomberg.com; 2/26/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Berkshire Hathaway Inc., the conglomerate led by Warren Buffett, saw its shares rise by 5.5% in premarket trading, bringing it closer to a $1 trillion valuation. The company reported higher operating earnings, which contributed to the stock's upward trajectory. If Berkshire reaches a market capitalization of $1 trillion, it would be the first non-tech US company to achieve this milestone. However, the company's size makes it challenging to find significant deals, and Buffett emphasized the importance of fiscal conservatism in his annual letter to shareholders. [Extracted from the article]
- Subjects :
- VALUATION
QUARTERLY reports
STOCKS (Finance)
INTEREST rates
STOCK prices
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 175677245