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Top ts2.tech News

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion — REUTERS / ixx511

Berkshire Hathaway · United States

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

47% Center coverage: 51 sources

Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the conglomerate’s wholly owned businesses including insurance and railroads jumped 34% year over year to $13.485 billion in the third quarter. The gains were driven by a more than 200% surge in insurance underwriting income, which rose to $2.37 billion.See the Story

ChatGPT-Creator OpenAI Announces Massive New Data Center in Michigan — REUTERS / pwu404

OpenAI · Michigan

ChatGPT-Creator OpenAI Announces Massive New Data Center in Michigan

68% Center coverage: 35 sources

China's BYD Reports Biggest Quarterly Profit Fall in over Four Years — REUTERS / pwu404

Electric Vehicles · China

China's BYD Reports Biggest Quarterly Profit Fall in over Four Years

51% Center coverage: 31 sources

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