Berkshire Hathaway operating earnings drop more than expected as Buffett warns of tariff uncertainty
- Berkshire Hathaway reported a significant drop in operating earnings during its annual meeting held on Saturday morning in Omaha, Nebraska.
- This decline stemmed from $860 million in insurance losses linked to policies written before the Southern California wildfires and market impacts from tariff uncertainties.
- The company earned $4.6 billion in the first quarter, down from $9.6 billion last year, while holding $347.7 billion in cash amid limited investment opportunities.
- Shareholders, including thousands gathered at the meeting, focused on Buffett’s views about tariffs and why he maintains the large cash reserve, reflecting their top concerns.
- The results highlight investor caution as Buffett, aged 94, faces questions about capital deployment amid economic uncertainty and potential challenges ahead.
120 Articles
120 Articles
Buffett says US shouldn't use trade as weapon as Trump has done
OMAHA, United States — Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn’t use “trade as a weapon” and anger the rest of the world like President Donald Trump has done with his tariffs that roiled global markets.. “It’s a big mistake in my view when you have 7.5 […]...Keep on reading: Buffett says US shouldn't use "trade as a weapon" as Trump has done with tariffs
Buffett says U.S. shouldn’t use ‘trade as a weapon’ as Trump has done with tariffs
Warren Buffett’s company reported just over one-third of last year’s profit Saturday morning just as thousands of Berkshire Hathaway shareholders streamed into an Omaha arena to listen to the revered investor answer questions.
Coverage Details
Bias Distribution
- 50% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage