Greg Abel Finally Puts Berkshire’s Massive Cash Pile to Work
Berkshire Q2 profit jumps 16% to $13B, beating forecasts. CEO Abel cuts cash pile, buys $10B Alphabet stock & accelerates $7.8B buybacks.
Berkshire Q2 profit jumps 16% to $13B, beating forecasts. CEO Abel cuts cash pile, buys $10B Alphabet stock & accelerates $7.8B buybacks.
Alphabet is raising $80B to fund AI infrastructure, with Berkshire investing $10B as confidence grows in its rapid AI expansion.
Berkshire Hathaway to buy Taylor Morrison for $8.5B (24% premium). Greg Abel's first major deal as CEO expands housing empire with Clayton Homes. Closing H2 2026.
Berkshire bought a $2.6B stake in Delta again and also took a small new position in Macy’s while reshaping its portfolio in Q1 2026.
Berkshire Hathaway hits a record $397B cash pile in Greg Abel’s first quarter as CEO; profits rise, but few big deals and earnings are boosted by market swings.
Berkshire Hathaway invests $1.8B for 2.49% stake in Japan's top insurer Tokio Marine, forming a strategic reinsurance partnership to boost growth in Japan.