Berkshire Hathaway (NYSE: $BRK) Announces Record Q1 Earnings & Appoints Greg Abel As CEO - 13% YTD

Berkshire Hathaway (NYSE: $BRK) is a colossal conglomerate headquartered in Omaha, Nebraska. Led by Warren Buffett, it owns a wide range of businesses in industries like insurance, railroads, energy, manufacturing, and retail. Some of its famous subsidiaries include GEICO, Duracell, Dairy Queen, and Fruit of the Loom. Berkshire Hathaway also holds significant stakes in public companies like Apple and Coca-Cola.

On May 4, 2024, Berkshire Hathaway Inc. reported stellar first-quarter earnings and a substantial increase in its cash holdings.

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