On October 22, Eastern Time, amid a sell-off in AI-related stocks, Berkshire Hathaway (BRK.A) (BRK.B) reached a new all-time high once again. As of press time, the company's shares were up 1.53% at $823,750. Yields on the company's massive cash reserves under elevated short-term interest rates, combined with the strong performance of major holdings such as Apple and Coca-Cola, may be key factors driving the stock price higher.

On October 19, Eastern Time, Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) continued its recent strong momentum. As of the close on October 16, Berkshire's stock price was only about 1.6% away from its all-time high. Based on closing prices from October 2 to October 16, its Class A shares gained approximately 5.8%, while the Nasdaq Composite Index fell about 3.9% over the same period.

TradingKey - As high mortgage rates continue to weigh on the U.S. housing market and put pressure on homebuilder earnings, Berkshire Hathaway (BRK.A), long built by Warren Buffett, has further expanded its investment in the U.S. residential construction sector.

TradingKey - Berkshire Hathaway (BRK.A, BRK.B) announced on September 18 that 96-year-old Warren Buffett has officially stepped down as chairman effective immediately, assuming the role of honorary chairman and continuing to serve as a director of the company.

TradingKey - On September 3, Tokyo time, Berkshire Hathaway (BRK.a) (BRK.b) CEO Greg Abel was interviewed by CNBC's "Squawk Box" in Tokyo, focusing on topics such as Japanese investments, Google (GOOGL) parent Alphabet, AI data centers, the housing market, and capital allocation.

Berkshire Hathaway CEO Greg Abel disclosed the investment rationale behind Google (GOOGL) parent company Alphabet during an interview with CNBC on Wednesday. The company reportedly increased its holdings in Alphabet stock by a total of approximately $17 billion in the second quarter, propelling it to become the third-largest holding in Berkshire's equity portfolio. Abel stated that Google is an "important player" in the field of artificial intelligence.
