Warren Buffett Just Topped Elon Musk. How Value Beat EVs. - Barron's
1. Berkshire reported record Q4 pretax profit, exceeding Wall Street estimates. BRK.B surged 4.1%. 2. Berkshire's market cap reached about $1.07 trillion, overtaking Tesla. Its valuation now ranks 7th in the S&P 500. 3. Earnings beat drove the stock up, emphasizing the market’s focus on current results. Analysts note earnings remain key. 4. Record cash reserves boosted investor confidence. BRK.B’s strong performance highlights robust financial health.