Berkshire Hathaway：Berkshire Hathaway BRK earnings Q2 2023

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska.

David A. Grogan | CNBC

Berkshire Hathaway[1] on Saturday reported a solid increase in second-quarter operating earnings, while the cash hoard at Warren Buffett[2]s conglomerate swelled to nearly $150 billion.

The Omaha-based giants operating earnings — which encompass profits made from the myriad of businesses owned by the company, like insurance, railroads and utilities — totaled $10.043 billion last quarter, 6.6% higher than the figure from the same quarter a year ago.

Net income totaled $35.91 billion, compared with a $43.62 billion loss during the second quarter last year. The strong results were bolstered by a jump in Berkshires insurance underwriting and investment income.

Berkshire reported a near $26 billion unrealized gain from its investments as its gigantic stake in Apple[3] led the market rally in the second quarter. The tech giant soare...