US Stock Market Move | Berkshire Hathaway Class B (BRK.B.US) rises more than 3%, hitting a new all-time high.

date
24/02/2025
avatar
GMT Eight
On Monday, Berkshire Hathaway (BRK.B.US) rose more than 3%, hitting a new historical high at $492.20. In terms of news, Berkshire announced its Q4 performance last Saturday, with a net profit of $19.694 billion, compared to $37.574 billion in the same period in 2023; operating profit was $14.527 billion, compared to $8.481 billion in the same period in 2023. As of December 31, 2024, Berkshire's cash and cash equivalents totaled $334.2 billion, reaching another historical high, up from $325.2 billion in the third quarter; the fair value of the company's top five stocks makes up 71% of the total fair value of its stocks, with the top five being American Express Company, Apple Inc., Bank of America Corp, Coca-Cola Company, and Chevron Corporation.

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