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How Warren Buffett is preparing for his 60-year Berkshire Hathaway reign to end
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Berkshire Hathaway Stock Rises 4% To New Record—Making Warren Buffett $7 Billion Richer
Berkshire Hathaway shares set new high following record profit
Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations.
Berkshire Hathaway‘s fourth-quarter operating earnings surge 71%, Apple plans to spend more than $500 billion in the U.S. over the next four years, Alibaba plans to invest more than $52 billion on artificial intelligence over the next three years,
The opportunity-starved organization is likely to start making major investments again -- just in a different way.
Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
Apple also said it was committed to expanding its data centers across the U.S. Berkshire Hathaway (BRK.B) offloaded more equities last quarter, expanding its record cash reserves to $334 billion.
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