Berkshire Hathaway Q2 earnings: Profit rises 16% to $12.98 billion as buybacks accelerate
Berkshire Hathaway showcased impressive growth in its second-quarter results, with notable increases in both operating profit and net income. While revenue surged, the company’s cash reserves took a hit from recent stock buybacks. Although Geico struggled, profits rose in BNSF Railway and other sectors. Under the leadership of Greg Abel, the company ramped up share

