Warren Buffett's Berkshire hits near six month high

Investing.com
Updated
Mitrade
coverImg
Source: Shutterstock

Investing.com -- Berkshire's Class A shares (NYSE:BRKa) reached a near six-month high, trading up 1.7% at $731,224. The company’s Class A share price touched $741,971 on June, following a glitch that briefly caused the class B shares to fall more than 99%. 

Berkshire has stake in a diverse range of businesses, including Geico car insurance, the BNSF railroad, Berkshire Hathaway Energy, and Dairy Queen ice cream.

Earlier this month, the company’s cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and refrained from repurchasing shares.

Berkshire’s massive stock portfolio is led by Apple (NASDAQ:AAPL), whose share price has risen 22% this year.

Buffett, the legendary investor and chairman of Berkshire Hathaway, has committed to donating 99.5% of his remaining wealth, currently valued at over $150 billion by Forbes, to a charitable trust managed by his daughter and two sons after his passing.

Year-to-date, Berkshire Hathaway stock has gained approximately 35%.

* The content presented above, whether from a third party or not, is considered as general advice only.  This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.

goTop
quote
Do you find this article useful?
Related Articles
placeholder
Up 288%, Is Palantir Stock a Buy?With shares up 288% year to date, Palantir (NYSE: PLTR) is one of 2024's best-performing artificial intelligence (AI) stocks, easily beating out hardware giant Nvidia (up 188%). But do this data analytics company's fundamentals justify its $140 billion market cap? Let's dig deeper into Palantir's situation to determine if the stock is still a good buy.
Author  The Motley Fool
2 hours ago
With shares up 288% year to date, Palantir (NYSE: PLTR) is one of 2024's best-performing artificial intelligence (AI) stocks, easily beating out hardware giant Nvidia (up 188%). But do this data analytics company's fundamentals justify its $140 billion market cap? Let's dig deeper into Palantir's situation to determine if the stock is still a good buy.
placeholder
FTC probes Uber over subscription service practices, Bloomberg News reportsInvesting.com -- The U.S. Federal Trade Commission is investigating Uber Technologies Inc (NYSE:UBER) over allegations that it enrolled customers into its Uber One subscription service without consent and made it challenging for them to cancel, according to a Bloomberg report.
Author  Investing.com
3 hours ago
Investing.com -- The U.S. Federal Trade Commission is investigating Uber Technologies Inc (NYSE:UBER) over allegations that it enrolled customers into its Uber One subscription service without consent and made it challenging for them to cancel, according to a Bloomberg report.
placeholder
Could Buying Roku Stock Today Set You Up for Life?Netflix, now one of the world's largest technology companies, is the gold standard of the streaming industry. Although many competitors have entered the fray, Roku (NASDAQ: ROKU) remains one of the field's oldest players, with ties to Netflix's early years in streaming.
Author  The Motley Fool
3 hours ago
Netflix, now one of the world's largest technology companies, is the gold standard of the streaming industry. Although many competitors have entered the fray, Roku (NASDAQ: ROKU) remains one of the field's oldest players, with ties to Netflix's early years in streaming.
placeholder
Is Nvidia Still the Best Artificial Intelligence (AI) Stock to Own for 2025?Nvidia will sell more GPUs in 2025 than in 2024.
Author  The Motley Fool
16 hours ago
Nvidia will sell more GPUs in 2025 than in 2024.
placeholder
A Once-in-a-Generation Opportunity: 2 Artificial Intelligence (AI) Stocks That Are Screaming Buys, According to Wall StreetThe world has seen three industrial revolutions, each defined by widespread adoption of new technologies: The first was instigated by steam-powered machines, the second by electric
Author  The Motley Fool
20 hours ago
The world has seen three industrial revolutions, each defined by widespread adoption of new technologies: The first was instigated by steam-powered machines, the second by electric