As Berkshire Hathaway shares surged on the back of robust earnings, Warren Buffett’s empire solidified its reign in the financial realm. With a premarket leap of 2.3%, Berkshire Class B shares heralded a prosperous start, building upon an impressive 17% surge for the year. The conglomerate’s fourth-quarter operating earnings of $8.481 billion, a 28% increase from the previous year, underscored its resilience and strategic prowess. Bolstered by substantial gains in the insurance sector, Berkshire’s ascent seemed unstoppable. As cash reserves swelled to record highs, Buffett’s kingdom stood as a testament to shrewd investment and unwavering stewardship.
Rivian’s AI Bet Ignites Investor Optimism as Autonomy Vision Sharpens
Wall Street cheers Rivian’s clean-sheet approach to self-driving, custom chips, and a clear roadmap toward personal Level 4 autonomy Rivian...
