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HomeMarket NewsBerkshire Hathaway AGM live: Trade should not be used as a weapon, says Warren Buffett
By CNBCTV18.COM | May 3, 2025 7:59 PM IST (Updated)
The 2025 Berkshire Hathaway Annual Shareholder Meeting, scheduled for May 3, promises key insights from Warren Buffett, Greg Abel, and Ajit Jain. Ahead of the much awaited AGM, the Omaha-based conglomerate released its latest quarterly earnings and they were below estimates.
Berkshire Hathaway, the Omaha, Nebraska-based conglomerate, led by an iconic investor Warren Buffett, released the earnings for the first quarter of 2025.
After a 63% fall in net profit, the investing giant, which has interests in many sectors from manufacturing and railroads to iphone maker Apple and credit cards giant American Express, issued a warning. The tariffs and trade wars initiated by US President Donald Trump may affect the conglomerate's earnings but the statement stopped short of an estimate.
While the Buffett Indicator — the total value of the US stock market via the Wilshire 5000 Index divided by the dollar value of US gross domestic product — slid down, indicating cheaper valuations, Berkshire's own cash pile increase.
Shares of Berkshire Hathaway have gained over 19% this year so far, compared to the 3% gains in S&P 500.
In just moments from now, the 2025 Annual Shareholder Meeting of Berkshire Hathaway is ready to kick off, investors will watch out for key insights from Warren Buffett, Greg Abel, and Ajit Jain. Stay tuned for live updates.
