Berkshire Hathaway's Q3 operating profits surge 34% to $13.5B driven by insurance gains. Cash reserves reach record $381.7B as Buffett continues selling stocks and halts buybacks.
Berkshire Hathaway is in talks to acquire Occidental Petroleum's OxyChem division for approximately $10 billion, marking Buffett's largest deal since 2022.
Berkshire Hathaway's Q2 operating income fell 4%, net income plunged 59% due to a $3.76B Kraft Heinz writedown. Tariffs hit consumer goods. High cash, but Buffett's succession impacted stock.
