Warren Buffett’s Berkshire Hathaway tops US$1 trillion, joining tech firms, Apple, Nvidia

Quick Summary:

Warren Buffett’s conglomerate joins tech giants like Apple, Nvidia, and Microsoft with a market value of US$1 trillion.

In morning trading, the class A shares traded up 0.7 per cent at US$696,005.94.

Stock sales are a major reason Berkshire’s holdings of cash and equivalents soared to US$276.9 billion as of June 30, mostly in US Treasury bills.

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Article Details

Author / Journalist: Reuters

Category: Technology

Markets: Hong Kong

Topics: Market Us$1 Value Trillion Cent Berkshire Hathaway Berkshire’s Buffett Shares Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 22:39:21 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22321245

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