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Trump tariff drag on Warren Buffett’s business: Berkshire Hathaway profit halves after $3.76bn Kraft Heinz writedown; Q2 net slips to $12.37bn from $30.25bn YoY

IndiaTimes Saturday, 2 August 2025 ()
Berkshire Hathaway's second-quarter profit plummeted 59% to $12.37 billion, impacted by a $3.76 billion writedown on its Kraft Heinz investment. Despite this setback, operating profit only marginally decreased to $11.16 billion, surpassing Wall Street expectations. While Buffett confirmed his eventual CEO departure and BNSF showed strong performance, the company's substantial cash reserves remain untouched due to high valuations.
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Video Credit: Rumble - Published
News video: Warren Buffett is Selling His Largest Stock.

Warren Buffett is Selling His Largest Stock.

Warren Buffett has just held the Berkshire Hathaway Annual Shareholder Meeting in Omaha, and in it he revealed that he's selling some of his largest stock holding! Has the Oracle of Omaha had a change of heart when it comes to Apple shares?

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