Business

Berkshire Hathaway Earnings Boosted by Energy Sector

Updated 2026-08-08 13:25 UTC 1 source Positive

Berkshire Hathaway reported strong earnings last quarter, driven by its energy and manufacturing divisions. CEO Greg Abel is now focusing on deploying the company's substantial cash reserves.

Coverage timeline — 2 articles

CNBC

UAE says one of its ships was targeted by missile as U.S.-Iran tensions over Strait of Hormuz remain high

Iran's military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran's conditions.

2026-08-08 13:06 UTC

CNBC

Berkshire earnings rose last quarter and CEO Greg Abel is staring to deploy Buffett's massive cash hoard

Strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results.

2026-08-08 13:20 UTC