DeFi Daily News
Monday, July 28, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Finance Business Finance

rewrite this title and make it good for SEOBerkshire Hathaway smashes profit record as earnings surge 71% in Q4, cash pile hits $334 billion

Business Today Desk by Business Today Desk
February 22, 2025
in Business Finance
0 0
0
rewrite this title and make it good for SEOBerkshire Hathaway smashes profit record as earnings surge 71% in Q4, cash pile hits 4 billion
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Warren Buffett’s Berkshire Hathaway delivered another record-breaking year, with operating profit surging 27% to $47.44 billion in 2024, up from $37.35 billion the year before. The company’s strong performance was driven by gains in insurance underwriting and investment income.  

The fourth quarter was particularly strong, with operating profit jumping 71% to $14.53 billion, or about $1,010 per Class A share. Net income for the quarter reached $19.69 billion, boosted by gains in Apple, American Express, and other equity holdings. For the full year, Berkshire’s net income totaled $89 billion.  

Buffett highlighted the company’s significant tax contributions, revealing that Berkshire paid $26.8 billion to the US government in 2024 — more than any other corporation, including trillion-dollar tech firms. This amounted to 5% of all corporate tax revenue collected in the country.  

The Oracle of Omaha also revealed a major shift in Berkshire’s portfolio: Apple is no longer its largest holding. Despite Apple’s stock rising 30% in 2024, Berkshire’s stake in the tech giant fell by over $104 billion, making American Express its top holding.  

Looking ahead, Buffett reaffirmed his preference for stocks over bonds, stating that Berkshire’s massive $334.2 billion cash reserve will be deployed into equities rather than fixed-income investments.

Warren Buffett started buying Berkshire Hathaway stock in 1962 for just $7.60 per share. Over the decades, his investment acumen and refusal to split the stock turned it into the world’s most expensive share. On Friday, Berkshire’s Class A stock closed at a staggering $718,750, while its more affordable Class B shares traded at $478.74.

To mark his 60 years at the helm, Buffett is offering shareholders a chance to purchase a special anniversary book at the annual meeting, featuring untold stories and lessons from Berkshire’s history.

(With inputs from agencies)

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BillionEarningsGoodHathawayHitsPileProfitQ4cashRecordrewriteSEOBerkshiresmashesSurgetitle
ShareTweetShare
Previous Post

rewrite this title Bybit Received over 350,000 Withdrawal Request Since Hack, Processed 99%

Next Post

AG Pam Bondi reviews classified Epstein documents

Next Post
AG Pam Bondi reviews classified Epstein documents

AG Pam Bondi reviews classified Epstein documents

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

June 22, 2025
rewrite this title Z.ai, formerly known as Zhipu and which has raised .5B from Tencent and others, releases GLM-4.5, an open source AI model that’s cheaper to use than DeepSeek (Evelyn Cheng/CNBC)

rewrite this title Z.ai, formerly known as Zhipu and which has raised $1.5B from Tencent and others, releases GLM-4.5, an open source AI model that’s cheaper to use than DeepSeek (Evelyn Cheng/CNBC)

July 28, 2025
rewrite this title Ethereum Is About To Breakout Of Massive Consolidation Toward ,000

rewrite this title Ethereum Is About To Breakout Of Massive Consolidation Toward $5,000

July 28, 2025
rewrite this title Luke Littler: How close is teenager star to world No 1 and when can he overtake Luke Humphries after World Matchplay win in Blackpool?

rewrite this title Luke Littler: How close is teenager star to world No 1 and when can he overtake Luke Humphries after World Matchplay win in Blackpool?

July 28, 2025
rewrite this title Tesla and Samsung Sign a Massive Chip Deal

rewrite this title Tesla and Samsung Sign a Massive Chip Deal

July 28, 2025
rewrite this title Binance launches RWUSD yield bearing stablecoin-like product offering 4.2% APR from RWAs

rewrite this title Binance launches RWUSD yield bearing stablecoin-like product offering 4.2% APR from RWAs

July 28, 2025
rewrite this title How much protein do men really need each day?

rewrite this title How much protein do men really need each day?

July 28, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.