Reported 1 day ago
Berkshire Hathaway Inc. showed resilience during a volatile trading day marked by President Trump's tariff announcements, with its stock only declining slightly compared to a significant drop in broader market indexes, which lost $2 trillion in value. Analysts noted that the insurance sector's stability, a key revenue source for Berkshire, helped buffer the impact of tariffs. Speculation arises that Warren Buffett might leverage his substantial cash reserves for major purchases amid the downturn.
Source: YAHOO