Daily Market Updates: Berkshire Hathaway profit doubles as nearly $13 billion investment gain drives results

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Berkshire Hathaway profit doubles as nearly $13 billion investment gain drives results

The latest quarter also showed Berkshire putting $32 billion of its cash to work, according to MarketWatch.

Reported · Written up by our desk · Fund Industry

Berkshire Hathaway reported that its profit doubled in the latest quarter, with the increase driven by a near $13 billion investment gain, according to MarketWatch.

The outlet also said Berkshire has put $32 billion of its cash pile to work, pointing to continued investment activity alongside the stronger quarter.

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MarketWatchBerkshire Hathaway profit doubles, fueled by a near $13 billion investment gain

ETFs & Funds

Berkshire Hathaway profit doubles as nearly $13 billion investment gain drives results

More like this

Sources

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