Berkshire Hathaway reported a 14% decline in Q1 operating profit to $9.64 billion, primarily due to $1.1 billion in insurance losses from Los Angeles-area wildfires and adverse foreign currency impacts. Net income dropped 64% to $4.6 billion, affected by unrealized losses on major stock holdings, including Apple. Despite these setbacks, the company’s cash holdings surged to a record $347.7 billion, a result of limited acquisition opportunities. Berkshire neither repurchased its stock nor made significant stock acquisitions in the quarter, instead selling $4.68 billion in shares. El País+3Reuters+3Investopedia+3
At the annual shareholder meeting, Warren Buffett announced that Greg Abel will succeed him as CEO by the end of 2025, with Buffett remaining as chairman in an advisory role. news
🍏 Apple Inc. (AAPL)
Apple reported a 4% year-over-year decline in Q1 revenue, totaling $90.8 billion, with earnings per share at $1.53. The company announced a 4% increase in its quarterly dividend and authorized an additional $110 billion for share repurchases. Despite the revenue dip, Apple’s services segment reached an all-time high, and the company emphasized its commitment to innovation and long-term growth.
🛒 Amazon.com Inc. (AMZN)
Amazon’s Q1 revenue grew 13% year-over-year to $127.4 billion, with net income rising to $5.2 billion. The company highlighted strong performance in its AWS cloud segment and advertising business. CEO Andy Jassy noted ongoing investments in generative AI and infrastructure to support future growth.
💻 Microsoft Corp. (MSFT)
Microsoft reported Q1 revenue of $61.9 billion, a 17% increase year-over-year, driven by strong growth in its cloud services, including Azure and Office 365. Net income rose to $22.2 billion, with earnings per share at $2.94. The company continues to invest in AI capabilities across its product offerings.
🔍 Alphabet Inc. (GOOGL)
Alphabet’s Q1 revenue increased 15% year-over-year to $80.5 billion, with net income rising to $23.7 billion. Google Search and YouTube advertising revenues saw significant growth, and Google Cloud turned profitable with $900 million in operating income. The company emphasized advancements in AI and machine learning across its services. Nasdaq
📱 Meta Platforms Inc. (META)
Meta reported a 34.6% increase in Q1 net income to $16.6 billion, driven by strong advertising revenue across Facebook, Instagram, and WhatsApp. Total revenue rose 16% year-over-year to $42.3 billion. The company continues to invest heavily in AI initiatives, including Meta AI and AI-powered glasses, while facing regulatory challenges in the EU. El País+1theguardian.com+1
🚗 Tesla Inc. (TSLA)
Tesla’s Q1 revenue reached $25.2 billion, a 9% increase year-over-year, with net income at $2.7 billion. The company delivered 422,875 vehicles during the quarter and announced progress in its Full Self-Driving (FSD) technology. Tesla also highlighted ongoing expansion in energy storage deployments.
🧠 NVIDIA Corp. (NVDA)
NVIDIA reported record Q1 revenue of $26.0 billion, up 18% sequentially and 262% year-over-year, driven by strong demand for its AI and data center products. Data Center revenue alone reached $22.6 billion, with significant contributions from cloud providers and enterprise customers. The company continues to see growth opportunities in AI infrastructure and automotive segments. The Fifth Person
🏥 Johnson & Johnson (JNJ)
Johnson & Johnson’s Q1 revenue increased 5% year-over-year to $24.7 billion, with net earnings of $6.9 billion. The pharmaceutical segment saw strong performance, particularly in oncology and immunology products. The company reaffirmed its full-year guidance and continues to focus on innovation in healthcare.
🧴 Procter & Gamble Co. (PG)
Procter & Gamble reported Q1 net sales of $20.6 billion, a 4% increase year-over-year, with net earnings of $3.8 billion. The company saw growth across its major segments, including beauty, health care, and fabric care, and raised its fiscal year guidance.
Berkshire Hathaway Inc. (BRK.A)
$809,350.00
+$13,950.00(+1.75%)May 21D5D1M6MYTD1Y5Ymax
Open807,000.00
Volume531
Day Low803,245.56
Day High811,850.00
Year Low601,500.00
Year High812,855.00
Let me know if you’d like a deeper dive into any of these companies’ earnings reports or specific financial metrics.