close
close

Berkshire Hathaway's cash exceeds $300 billion as Buffett sells more shares and freezes buybacks

Warren Buffett takes the floor before Berkshire Hathaway's annual shareholder meeting on May 3, 2024 in Omaha, Nebraska. David A. Grogen | CNBC Berkshire HathawayThe company's monstrous cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock selling spree and held back from share buybacks. The Omaha-based conglomerate's liquidity rose […]

JPMorgan Chase (JPM) Q3 2024 Results

JPMorgan Chase reported third-quarter results that beat profit and revenue estimates as the company earned more interest income than expected. Here's what the company reported: Earnings: $4.37 per share versus LSEG estimate of $4.01 per share Revenue: $43.32 billion versus an estimate of $41.63 billion JPMorgan said profit fell 2% from a year ago to […]