Warren Buffett’s Berkshire Hathaway reports a 4% decline in second-quarter operating earnings, citing negative impacts from U.S. tariffs. The conglomerate warns of potential adverse consequences on its businesses and investments due to trade tensions. Buffett’s cash hoard drops to $344.1 billion, with no stock repurchases amid a 10% share decline. Greg Abel set to take over as CEO at year-end.

Read more at CNBC: Berkshire Hathaway BRK earnings Q2 2025