*BERKSHIRE HATHAWAY POSTS $43.8 BILLION LOSS AS STOCK HOLDINGS TUMBLE IN Q2 - $BRK.A $BRK.B
© Reuters. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott) Inc's bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss.
Despite the huge net loss,"the results show Berkshire's resilience," said James Shanahan, an Edward Jones & Co analyst who rates Berkshire"neutral." Investors closely watch Berkshire because of Buffett's reputation, and because results from the Omaha, Nebraska-based conglomerate's dozens of operating units often mirror broader economic trends.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Berkshire Hathaway Reports Operating Earnings Surge, But Posts Big Investment Loss Amid Market RoutBerkshire Hathaway’s operating profits jumped in the second quarter despite fears of slowing growth.
Baca lebih lajut »
Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millionsAnalytical data reveals that DeFi’s total value locked registered a rise of nearly 9 billion dollars from the past week, posting a value of $79.4 billion.
Baca lebih lajut »
Report: Biden Admin Poised to Give Ukraine $1 Billion Weapons PackageBiden's administration is prepared to send Ukraine a $1 billion weapons package as early as Monday, according to a Reuters report.
Baca lebih lajut »
Musk still willing to buy Twitter under this one conditionA tweet posted today by Elon Musk says that if Twitter reveals certain methods it uses to measure real accounts, his $44 billion acquisition could be back on.
Baca lebih lajut »
A guide to Hawaii’s Napali Coast, one of the most beautiful coastlines in the worldHidden beaches are sprinkled among steep cliffs, as waterfalls tumble down from great heights.
Baca lebih lajut »