Brief by Shorts91 Newsdesk / 04:53am on 29 Aug 2024,Thursday Business
Warren Buffett's Berkshire Hathaway has become the first non-tech US firm to hit a $1 trillion market cap. The conglomerate's shares rose 0.8% on Wednesday, pushing its market value above the trillion-dollar mark. This year, Berkshire's stocks have surged 30%, outperforming the S&P 500's 18% gain. The company has added over $200 billion to its market capitalization in 2024, a record for the firm. This achievement solidifies Berkshire Hathaway's position as one of the world's most valuable companies, showcasing its impressive growth and investment prowess under Buffett's leadership.
