Sunday, 09 August 2026 · World
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EUROS The World Financial Report
Nº 29 Sunday, 09 August 2026 · World Edition
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Berkshire Hathaway spends down cash pile under CEO Greg Abel

Markets-Economic Times · 1h ago · 🇮🇳 India
Berkshire Hathaway spends down cash pile under CEO Greg Abel

Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly $20 billion in equities, including investments in Alphabet and Taylor Morrison. Operating earnings rose 16% to nearly $13 billion despite lower insurance underwriting profits.

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