Warren Buffett’s Berkshire Hathaway saw a small decline in operating earnings, with a 4% dip to $11.16 billion in the second quarter. Stock fell 1% in premarket trading after the results. There was a $3.8 billion loss from Kraft Heinz stake, with reports of a potential spinoff. Buffett’s cash hoard remained high at $344.1 billion. Berkshire was a net seller of stocks for the 11th quarter and did not repurchase any stock in the first half of 2025. Analysts expect potential large acquisitions and share repurchases in the future.

Read more at CNBC: Berkshire shares dip after earnings decline, lack of buybacks disappoint investors