Berkshire Hathaway’s Cash Pile Hits Record $397 Billion as Buffett Stays on the Sidelines
Berkshire Hathaway’s cash holdings climbed to a record $397 billion as Warren Buffett continues waiting for more attractive investment opportunities.
Stay informed with concise, high-impact updates on the most important business, tech, and market stories of the day. Our Briefs deliver quick yet comprehensive coverage of breaking developments, corporate moves, regulatory changes, and major innovations shaping global industries. Each piece distills complex events into clear, actionable insights – perfect for readers who want to stay ahead without scrolling through endless newsfeeds. Designed for professionals and investors alike, this section keeps you connected to the pulse of global markets and the business world in minutes.
Berkshire Hathaway’s cash holdings climbed to a record $397 billion as Warren Buffett continues waiting for more attractive investment opportunities.
Binance co-founder Changpeng Zhao has overtaken Bill Gates in the Forbes billionaire rankings, with an estimated net worth of $107.7 billion.
SpaceX has lost more than $1.05 trillion in market value over the past 22 days as shares fell 36% from their recent peak.
Elon Musk’s xAI has officially rebranded as SpaceXAI after merging with SpaceX, with the new name and logo announced on X.
Brent crude rose above $77 after President Trump said the memorandum of understanding with Iran was effectively over, lifting oil prices and pressuring U.S. stocks.
Samsung’s operating profit jumped 19-fold in the second quarter as surging AI chip demand fueled one of the strongest earnings recoveries in the company’s history.
Getty Images ended its planned merger with Shutterstock, sending shares of both companies lower as the deal collapsed.
AI spending by Alphabet, Amazon, Meta, Microsoft, and Oracle could exceed U.S. defense spending as a share of GDP by 2027.
AMPERA unveiled a full-scale 3D-printed thorium reactor module designed to deliver up to 30 MW of power for AI data centers.
Bitcoin fell below $62,000 after Strategy sold 3,588 BTC worth about $216 million to help fund a dividend payment.