NYSE:BRK.A 2 October 2025 - 30 November 2025

Berkshire Hathaway said it has identified several YouTube videos using AI‑generated images to mimic Warren Buffett and deliver advice he never gave. The company’s “It’s Not Me” release stresses that the audio is a tell—flat and robotic, not Buffett’s voice—and cautions viewers against being misled. Notably, Berkshire added that Buffett will share a separate message on philanthropy, Berkshire, and other matters on Monday, Nov. 10, to be posted on the company’s website. berkshirehathaway.com

Berkshire’s latest earnings report was largely positive. Operating earnings – Buffett’s preferred measure – jumped to $13.49 billion in Q3, a +34% gain from year-agobusinesstimes.com.sgreuters.com. This beat expectations and was fueled by a rebound in insurance underwriting and favorable currency movements. For example, fewer hurricane losses helped primary insurance profits recover. BNSF railroad profits also rose, and manufacturing/retail businesses did well. On the other hand, utilities saw profit decline ~9%ts2.tech and GEICO’s pretax profit dipped as it spent more on customer acquisitionbusinesstimes.com.sgreuters.com. Importantly, total revenue grew only ~2%businesstimes.com.sgreuters.com – slower than the U.S. economy – reflecting weaker end-demand in some subsidiaries.

Berkshire Hathaway delivered strong third-quarter results that surprised to the upside. Operating earnings — Buffett’s preferred metric which excludes investment swings — surged to $13.485 billion, up from $10.09 billion a year earlierreuters.com. This ~34% jump in operating profit was aided significantly by a rebound in insurance performance and favorable foreign exchange movements. In fact, fewer large catastrophes helped Berkshire’s insurance underwriting profit jump by $1.6 billionmarketscreener.com. Additionally, currency fluctuations accounted for roughly two-fifths of the operating profit increase, providing an extra earnings boostreuters.com.