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Berkshire Hathaway's cash reserves surge to a record $397 billion
ME News Report, May 2 (UTC+8), in the first quarter with Greg Abel serving as CEO, Berkshire Hathaway’s cash reserves soared to a record high of $397 billion. At the end of last year, the company’s cash reserves slightly declined, but in the first quarter, they increased significantly as $8.1 billion worth of stock was net sold during this period. (Source: Jinshi)