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Topline
Berkshire Hathaway stock surged Monday to the highest levels on record after Saturday’s earnings report, which saw the conglomerate run by the billionaire Warren Buffett posting an unprecedented operating profit, pushing the company’s profit to $35.9 billion in the second quarter of 2023, up from a $43.6 billion loss last year.
Key Facts
Berkshire Hathaway’s Class B shares rose more than 3.6% to $362.58 on Wall Street, beating its previous record from March 28, 2022.
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