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BRK.B
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15 days

Berkshire Hathaway, Palantir, Tesla, ON Semiconductor, More Stock Market Movers - Barron's

1. BRK.B fell 0.7% after a weaker-than-expected profit report. 2. Second-quarter operating profit dropped 4%, attributed to foreign-exchange losses. 3. Cash balance declined to $344 billion from $348 billion in March. 4. Earnings would have increased if excluding non-cash foreign-exchange losses. 5. Stock futures are rising, bolstered by expectations of Fed rate cuts.

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FAQ

Why Neutral?

The decline in operating profit and slight cash decrease could overshadow potential rate cuts.

How important is it?

Earnings data and profit declines significantly affect investor sentiment in the short term.

Why Short Term?

Profit declines may impact BRK.B's stock performance in the coming weeks.

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