From Yahoo Finance: 2025-05-03 16:40:00

Warren Buffett defends trade at Berkshire Hathaway’s annual meeting, argues tariffs should not be used as weapons. Berkshire’s cash stake swells to record $347.7 billion, reports 14% decline in operating profit to $9.64 billion due to insurance losses. Buffett remains optimistic about the U.S. economy, urges patience to investors. Berkshire’s portfolio includes BNSF, Geico, and Fruit of the Loom. Thousands line up in cold weather to hear Buffett speak.



Read more at Yahoo Finance: Buffett defends trade amid tariff pressures, as Berkshire cash sets record