Consumer Non-Cyclicals

TradingKey - Berkshire’s Saturday earnings test cash deployment and insurance profits. BRK.B needs to hold $563.71 as investors assess the outlook for Monday.

TradingKey - Berkshire Hathaway (BRK.A, BRK.B) will release its third-quarter 2026 financial results on the morning of November 7, Eastern Time. As of the close on November 5, its Class B shares closed at $572.33.

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.

U.S. supermarket chain operator Kroger (KR) plans to eliminate approximately 3,000 corporate and functional roles over the next three years, representing about 37% of its headquarters staff. If fully implemented, the company's corporate headcount will decline from around 8,200 to about 5,200, making it one of the largest workforce adjustments in Kroger's 143-year history.

PepsiCo heads into October 8 earnings with North America under pressure, fresh price increases, activist scrutiny and a 4.7% dividend yield.