Berkshire Hathaway shares hit their highest level since Warren Buffett announced his CEO departure in 2025 after successor Greg Abel accelerated capital deployment. Cash fell to $364.7 billion as Berkshire repurchased $4.5 billion of shares and invested $23.5 billion in stocks. Strong second-quarter profits and revenue growth further boosted investor confidence.

Berkshire Hathaway’s new CEO Greg Abel has invested $10 billion in Google’s parent company and repurchased about $4.5 billion of its shares.

Berkshire Hathaway posted $25.7 billion in Q2 2026 net income with $10.9 billion in investment gains as CEO Greg Abel expands acquisitions.

Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly $20 billion in equities,…