Berkshire Hathaway’s Operating Income Enjoyed a Strong Rebound as Economic Growth Resumes

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The legendary holding company posted better-than-expected results for their second quarter after its myriad of businesses – from energy to railroads – received a generous boost as governments loosened their grip on COVID-19 restrictions.

This sent Berkshire’s Class “B” shares up by 2%, thus bringing the total year-to-date growth to over 23%.

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Amazon Disappointed Investors Despite Making 100 Billion USD in Quarterly Revenue; Its CFO Expects Slower Growth in the Months to Come

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An increasing number of people are reverting back to pre-covid shopping habits, and perhaps nobody felt the shockwave better than Amazon. After falling short of analysts’ forecasts, the company stock slid over 7% in extended-hours trading last Thursday.

Now, it’s up to the company’s new CEO, Andy Jassy, to reassure investors as to how the business is planning to retain its record growth, especially under the mounting scrutiny of regulators both on U.S. and European soil.

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