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Warren Buffett’s Berkshire Hathaway tops $1 trillion market value

08/28/2024

Less than a minute

2024.08.28 09:55

© Reuters. FILE PHOTO: Trading information and logo for Berkshire Hathaway is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023. REUTERS/Brendan McDermid/File Photo

(Reuters) – The market value of Berkshire Hathaway (NYSE:) surpassed $1 trillion 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 $1 trillion: Apple (NASDAQ:), Nvidia (NASDAQ:), Microsoft (NASDAQ:), Google parent Alphabet (NASDAQ:), Amazon.com (NASDAQ:) and Facebook parent Meta Platforms (NASDAQ:).

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08/28/2024

Less than a minute