Berkshire Hathaway reported a 6.6% increase in second-quarter operating earnings, reaching $10.043 billion. Net income rose to $35.91 billion compared to a loss of $43.62 billion in the same quarter last year. The company's strong performance was aided by a surge in insurance underwriting and investment income, with an unrealized gain of nearly $26 billion from its investments, mainly due to its stake in Apple. Berkshire's Cash Pile grew to nearly $150 billion, and share repurchase activity slowed as the stock reached a record high. Berkshire's Class A shares closed at a new record of $541,000, up 13.8% this year.

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