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Berkshire Hathaway Q1 profit rises as cash pile hits nearly 400 billion despite consumer stress

Business
Published on 2 May 2026
Berkshire Hathaway Q1 profit rises as cash pile hits nearly 400 billion despite consumer stress

Nearly 400 billion in cash, but big deals remain elusive

Berkshire Hathaway reported stronger Q1 operating profit even as economic headwinds pressured its consumer-facing businesses. Led by Warren Buffett and CEO Greg Abel, the conglomerate built nearly $400 billion in cash, struggled to land large deals, and stayed a net seller of stocks. Segment results were mixed across insurance, rail, and retail.

  • Q1 operating profit beat expectations despite consumer stress
  • Cash reached nearly $400 billion as deal appetite stayed limited
  • Berkshire remained a net stock seller during the quarter
  • Insurance, rail, and retail delivered uneven performance
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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