Warren Buffett's Berkshire Hathaway has been boosting its stake in e-commerce giant Amazon.
Walmart and Amazon were helping boost U.S. markets Thursday.
Net earnings per average equivalent Class A Share rose to $8,608, compared with $7,301 during the same quarter that ended June 30 last year.
Operating profit slipped to around $6.1 billion from nearly $6.9 billion the same time in 2018, largely because it took a hit on insurance-underwriting earnings and so-called 'other' earnings.
Berkshire is so large and diversified that its prospects are tied to the economy as a whole, with the added benefit of being a defensive play in case of a market downturn.
Let's check the charts and indicators because I am pretty sure Warren Buffett is not a chart reader.
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We examine how well each major player is trimming fat and improving efficiency on its business amid a potential slowdown.
The railroad has run into a snag amid what its CEO termed "the most puzzling" economic backdrop he has seen in his career.
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