US Stock Market: Berkshire shares rally on strong Q2 results, accelerating capital deployment

Berkshire Hathaway shares hit their highest level since Warren Buffett announced his CEO departure in 2025 after successor Greg Abel accelerated capital deployment. Cash fell to $364.7 billion as Berkshire repurchased $4.5 billion of shares and invested $23.5 billion in stocks. Strong second-quarter profits and revenue growth further boosted investor confidence.