From BigGo Finance · BigGo Finance · · 1m 20s
Berkshire Stock Hits Record High
Berkshire Hathaway's stock reaches record high as new CEO deploys $21.3 billion in under a year.
In brief
Berkshire Hathaway's stock reaches record high as new CEO deploys $21.3 billion in under a year. Berkshire Hathaway's stock hit a record high after CEO Greg Abel deployed over $21.3 billion through acquisitions and buybacks since taking office. Originally reported by BigGo Finance.
Berkshire Stock Hits Record High
Berkshire Hathaway's Class B shares rose 3.2% to $543.06, touching a record high of $814,027.80 for Class A shares.
Post-Buffett Stock Drop
Shares fell 1.9% after Buffett's May 2025 announcement, dropping over 14% in three months before recovering.
Greg Abel's Capital Moves
Abel deployed over $21.3 billion through Taylor Morrison Home, Alphabet, and share buybacks since taking office.
Alphabet Investment Details
The $10 billion Alphabet stake was initiated by Buffett but only disclosed in November 2025.
Japan Strategy
Abel increased holdings in Japan's five major trading houses, targeting joint global investments.
Berkshire's Cash Reserves
Berkshire holds $365.5 billion cash as of June 30, 2.5x the S&P 500's market cap.
Third-Quarter Results
Berkshire reports third-quarter results on Nov. 7, focusing on insurance, rail, energy, and cash reserves.
Market Confidence Factors
Higher short-term rates, stable insurance, and oil prices boosted Berkshire's stock performance.
Next Steps
Berkshire's next test is narrowing the S&P 500 performance gap through core business profitability.
The big picture
Berkshire Hathaway's stock hit a record high after CEO Greg Abel deployed over $21.3 billion through acquisitions and buybacks since taking office.
