Berkshire Hathaway steps up buybacks after Q2 capital shift
Berkshire Hathaway was upgraded to Buy as Q2 results and a change in capital deployment highlight more active use of its cash. The company reported $101.8B revenue (+10% Y/Y) and $12.98B operating earnings (+16% Y/Y), with buybacks totaling $4.5B in Q2 and $3.3B+ in July, plus about $20B net equity purchases, though currency boosted headline growth.