Berkshire Hathaway is poised to join Apple, Aphabet and Microsoft

Does anybody wonder today's headline on WSJ about Berkshire going to be acquired by three giant tech companies?

I found it incredible unbelievable! What is the relationship with railroad company and tech company?!?

I was guessing the three tech companies going to car industry, not the railroad. Any thoughts?

2 Comments
 
Best Response

... are you kidding?

Warren Buffett's Berkshire Hathaway is entering another exclusive group: the $400 billion club.

Berkshire’s Class A shares recently hit at a record $243,580 on Wednesday. If those shares close at roughly $243,300 or higher, it’ll mark the first time in Mr. Buffett‘s five-decade tenure at the firm that Berkshire has ended the day with a market capitalization of $400 billion or more.

Mr. Buffett’s company is poised to join Apple, Alphabet and Microsoft as the only U.S.-listed companies with a current market cap of at least that much. Apple, the largest publicly traded company in the world, is currently valued at about $585 billion.

 

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