Berkshire lowers cash stake as buybacks accelerate, reports higher profit

Berkshire Hathaway started deploying cash in Q2, investing billions in stocks including Alphabet and repurchasing billions more of its own shares, alongside higher earnings across its businesses. The shift from holding a large cash pile to active stock buying and buybacks is a modestly positive signal for capital deployment and underlying profitability.

Analysis

Berkshire Hathaway started deploying cash in Q2, investing billions in stocks including Alphabet and repurchasing billions more of its own shares, alongside higher earnings across its businesses. The shift from holding a large cash pile to active stock buying and buybacks is a modestly positive signal for capital deployment and underlying profitability.