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Buffett's Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion - TL;DR CNBC

Buffett's Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion

Publishing timestamp: 2024-05-06 11:39:51


Summary

Berkshire Hathaway shares rose after reporting surge in operating earnings and record cash hoard. Insurance underwriting earnings and Geico earnings saw significant increases. Analysts remain positive on the company's outlook.


Sentiment: POSITIVE

Tickers: BRK.ABRK.B

Keywords: stock marketsmarket insidermarketsbreaking news: marketsberkshire hathaway incbusiness newswarren buffettbusinesseconomyearnings

Source: https://www.cnbc.com/2024/05/06/berkshire-hathaway-gains-as-insurance-lifts-first-quarter-profit-and-cash-nears-200-billion.html


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