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The Economic Times

Markets / The Economic Times

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Berkshire Hathaway shares slide after earnings, CEO letter

Berkshire Hathaway shares experienced their largest drop since Warren Buffett's CEO succession announcement, as financial results missed analyst expectations. The conglomerate's fourth-quarter operating profit fell 30%, with significant declines in insurance businesses like Geico. New leader Greg Abel expressed caution regarding investing the company's substantial cash stake, offering no immediate plans for buybacks or dividends.

3 Mar 2026 8:29 am