Financial Performance - Berkshire Hathaway's cash reserves reached a record $381.7 billion in the third quarter [1] - Operating earnings surged by 34% year-over-year [1] - Topline operating revenues grew by approximately 3% year-to-date [11] Factors Affecting Earnings - Insurance numbers boosted earnings overall due to a mild hurricane season, with no named hurricane landing on US shores in the third quarter, a first in over a decade [2] - Quarterly numbers may reflect one-off events rather than sustainable trends [3] - Investment income is likely to grow at a slower pace in the coming year if treasury yields decline [11] M&A and Share Buybacks - The OxyCem acquisition will cost a little under $10 billion, a small fraction of the company's cash reserves [4] - No share buybacks have occurred through the first nine months of the year, suggesting the company may not view its shares as undervalued [6] Succession and Future Outlook - Investors are focused on Warren Buffett's succession and the potential impact of Greg Abel taking the helm [1][5] - Uncertainty surrounding Greg Abel's future operational changes may be weighing on the shares [9][10] - Heading into 2026, there are several uncertainties related to the company [12] - The insurance environment is expected to become more competitive in the coming year [11]

Financial Performance - Berkshire Hathaway Inc. reported earnings for Q3 and the first nine months ended September 30, 2025[3] - The earnings release was issued on November 1, 2025, detailing the company's financial performance[3] - The report includes a press release as an exhibit, providing further insights into the financial results[4]

Bergkshire Hathway already out with its earnings. The company posted a solid performance in its insurance business. Its cash pile rose to a record 381.7% billion, but the company didn't use any of that cash to buy back shares.And that could imply that Warren Buffett still thinks the stock is too overvalued. Buffett, remember, he's planning to step down from his role of CEO at the end of this year. He'll transition to a chairman role and Greg Ael will take over CEO after. ...

Berkshire Hathaway's cache hit a record $381.7% billion last quarter as Warren Buffett stayed on the sidelines in terms of M&A. Operating profit jumped 34%, led by booming insurance results and unusually low disaster activity. Investors are paying closer attention as the company nears a new era, with Buffett handing off the role of CEO to Greg Abel at year end.Danny. Let's discuss those results further. Joining us now is Alex Roger Bhandari.He covers Buffett and Berkshire for Bloomberg News. Alex It's the s ...

Welcome to Yahoo Finance's flagship show, Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures kicking off November trading in positive territory. Investors gearing up for a busy week of earnings where we'll see results from AMD, Palunteer, Qualcomm, as well as others. Plus, Berkshire Hathway already out with its earnings.The company posted a solid performance in its insurance business. Its cash pile rose to a record $381.7% billion. But the company ...

Berkshire Hathaway - Berkshire Hathaway has reached a record cash pile of $381 billion, with earnings increasing by 33% [1][2] - The company's operating profit from insurance underwriting, particularly Geico, rose to $13.5 billion from $10.1 billion a year ago, aided by low catastrophe losses [2] - Berkshire was a net seller of equities, selling $12.5 billion and buying $6.4 billion during the period [2] - This report marks the final earnings announcement under Warren Buffett's leadership, with Greg Ael set to take over [3][4] - Shares have underperformed the S&P 500 this year, raising concerns among investors about future performance [5] ON Semiconductor - ON Semiconductor reported adjusted earnings of 63 cents per share, exceeding expectations, with revenue of $1.55 billion [6] - The company's automotive chip segment has faced challenges, with auto revenue hitting a three-year low, although management indicates conditions are improving [7][8] - There is potential for growth as demand may shift towards power management and sensors, positioning the company for the AI hardware boom [8] Cisco - Cisco received an upgrade from UBS, raising its price target from $74 to $88, indicating a potential upside of about 20% [10][11] - The upgrade is driven by growing demand for technology related to AI and data centers, with Cisco reportedly pulling in over $2 billion in AI-related orders this year [11][12] - Cisco is expected to benefit from an upgrade cycle as customers replace older networking gear, with security also seen as a bright spot for future growth [12][13]

Group 1: American Express - American Express (Amex) has built its business on exclusivity and premium service, attracting affluent customers with its perks and reliability [1] - Amex operates uniquely by issuing its own cards and running its own network, allowing it to capture fees from both merchants and cardholders [6] - The company has faced pushback due to rising fees, but it aims to ensure that its value proposition matches or exceeds these increases, particularly focusing on growth among millennials and Gen-Z [7] Group 2: Apple - Apple remains a leader in consumer tech hardware, maintaining strong brand loyalty despite a lack of groundbreaking new products [2] - The company's total revenue, iPhone revenue, and earnings per share reached record highs in its fiscal third quarter, with services revenue also setting an all-time high [1] - Apple's stock has underperformed compared to the S&P 500 over the past year, attributed to its slower pace in AI development compared to other tech stocks [3] Group 3: Bank of America - Bank of America is the second-largest bank in the U.S. and leads in retail banking, with around $1.2 trillion in consumer deposits and serving 96% of Fortune 1,000 companies [8] - The bank's business is somewhat cyclical, thriving when interest rates rise, but its "too big to fail" status adds a layer of security [9] - Investing in Bank of America is seen as a choice for long-term investors due to its profitability, diversification, and reliable dividend yield above the S&P 500 average [10] Group 4: Coca-Cola - Coca-Cola is one of Berkshire Hathaway's oldest holdings, known for its strong brand, unmatched distribution, and resilience in various economic conditions [11][12] - The company is recognized as a "dividend king," having increased dividends for at least 50 consecutive years, making it a reliable income stock [13]

Core Insights - Berkshire Hathaway reported strong quarterly earnings, showcasing appealing performance from its operating businesses [1] - The company's cash reserves increased to nearly $400 billion, indicating robust cash generation capabilities [1] Group 1: Company Performance - The operating businesses of Berkshire Hathaway demonstrated significant performance in the latest quarterly results [1] - The increase in cash reserves to close to $400 billion reflects the company's strong cash generation and financial health [1] Group 2: Investment Focus - Cash Flow Club emphasizes investing in businesses with strong cash generation and significant durability, aligning with Berkshire Hathaway's characteristics [1] - The community offers resources such as access to a leader's personal income portfolio targeting a yield of over 6%, highlighting a focus on value and income stocks [1]

All right, we got to get to the elephant in the room. When you look at the Bergkshire Hathaway shares, the B-class shares, if you look since May 2nd when B when Warren Buffett said he was going to step down, they're down. They're down over 9% far underperforming the market.Does that mean that people don't want to trade like Warren Buffett or don't want to be like Warren Buffett or do they just not have the same confidence in this particular company. >> Yeah, look, I I I look, you can argue it either way, bu ...

Core Insights - Warren Buffett's 2023 letter highlights Berkshire Hathaway's impressive 3,787,464% gain since 1965, emphasizing the importance of investing in companies that significantly increase their dividends over time [2][3] Investment Strategy - The secret to Berkshire's success lies in its investments in companies like Coca-Cola and American Express, which have provided substantial dividend income, with Berkshire collecting over $1 billion annually from these two investments [3][4] - Coca-Cola and American Express have raised their dividends by 19% and 91%, respectively, since the letter was written, indicating strong growth in income streams [4] Portfolio Overview - Berkshire Hathaway's largest holding is Apple, comprising 22.3% of its portfolio with 280 million shares, and the company has doubled its dividend since Buffett began purchasing shares in 2016 [6] - Berkshire collects $291.2 million annually in dividends from Apple, based on a total investment of approximately $40 billion [8] - Bank of America is the second-largest holding, making up just over 11% of the portfolio with 605 million shares, and has nearly quadrupled its dividend since Buffett converted preferred shares to common shares in 2017, now paying over $675 million in dividends per year [9]