Berkshire's Earnings Decline Amid Tariffs and No Buyback Activity
Berkshire Hathaway's shares fell about 1% after reporting a 4% decline in operating earnings to $11.16 billion in Q2, driven by a drop in insurance underwriting, and a $3.8 billion loss from its Kraft Heinz stake, amid a halt in stock buybacks and continued stock sales, disappointing investors expecting more investment activity or buybacks.