Berkshire Hathaway profit rises despite consumer stress, cash sets record
- Posted on May 2, 2026
- By Business News Today
- 0 Views
- 1 min read
Berkshire Hathaway profit rises despite consumer stress, cash sets record
Berkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett and CEO Greg Abel, the firm amassed nearly $400 billion in cash, struggled to find large deals, remained a net stock seller, and saw mixed performance across insurance, rail, and retail segments.
