Berkshire shares dip after earnings decline, lack of buybacks disappoint investors
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最新报道：Berkshire Hathaway shares fell 2.5% in early trading after reporting a 12% decline in Q2 operating earnings to $7.2 billion, missing analyst estimates. The conglomerate also disappointed investors by not announcing any share repurchases during the quarter, despite holding a record $189 billion in cash. CEO Warren Buffett acknowledged the earnings slowdown but emphasized Berkshire's long-term value creation strategy, stating "We remain committed to allocating capital wisely when opportunities arise." Insurance underwriting profits dropped 38% due to higher catastrophe losses, while the BNSF railroad and energy businesses saw modest gains.
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