Vast conglomerate becomes the first non-tech company to hit the major stock market milestoneThe market value of Berkshire Hathaway surpassed $1tn on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades into what many consider a proxy for the American economy.Berkshire joined six other companies, mainly from the technology sector, above $1trn: Apple, Nvidia , Microsoft, Google parent Alphabet, Amazon.com and Facebook parent Meta Platforms. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/28/berkshire-hathaway-valuation-warren-buffett
Author : Reuters
Publish date : 2024-08-28 15:15:23
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Warren Buffett’s Berkshire Hathaway hits $1tn valuation on Wall Street
