Berkshire Hathaway Q3 2026 Earnings Beat and $23.5 Billion Stock Buying Spree

Berkshire Hathaway reported a strong Q3 2026, with GAAP earnings per Class A share beating expectations and operating earnings rising to $12.98 billion. The company became a net buyer of stocks for the first time in over three years, deploying $23.5 billion into equities, including a significant private placement in Alphabet. Additionally, Berkshire repurchased $4.5 billion of its own shares, signaling management's view on current valuations.