Berkshire Hathaway Swings to a Profit, Boosted by Massive Investment Gains
Berkshire Hathaway, the multinational conglomerate led by renowned investor Warren Buffett, has reported a significant rebound in earnings during the second quarter of 2023, recovering from substantial investment losses experienced a year ago during the bear market. The company’s operating earnings for the second quarter reached $10 billion, reflecting a remarkable 6.6% gain compared to…