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Berkshire Hathaway Hits $1 Trillion Market Value

Warren Buffett's conglomerate becomes the first non-tech U.S. company to reach the milestone, reflecting strong investor confidence.

  • Berkshire Hathaway's market value surpassed $1 trillion, joining an exclusive club of seven other U.S. companies.
  • The conglomerate's shares have risen 28% this year, outpacing the S&P 500's 18% gain.
  • Buffett's firm has been reducing its stakes in Apple and Bank of America, amassing a record $277 billion in cash.
  • Berkshire's diverse holdings include Geico, Dairy Queen, and BNSF Railway, making it a proxy for the American economy.
  • Buffett, who turns 94 this week, has led the company since 1965, transforming it from a struggling textile business into a financial powerhouse.
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