Buffett’s Berkshire has bigger loss as stocks fall; operating profit sets record

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NEW YORK, Nov 4 — Warren Buffett’s Berkshire Hathaway Inc today posted its first overall quarterly loss in a year as the prices of Apple and other stocks it owns fell, but...

More than noodles: How the true star of Ramen Mob in Taman Desa is the tender and deeply flavourful ‘yakibuta’A cutout photo of Berkshire Hathaway CEO Warren Buffett welcomes investors and guests as they shop for deals during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha April 29, 2022.

The third-quarter net loss more than quadrupled to US$12.77 billion, or US$8,824 per Class A share, from US$2.8 billion a year earlier. Operating profit rose 41 per cent to US$10.76 billion, or US$7,444 per Class A share, from US$7.65 billion a year earlier.

 

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