Berkshire Hathaway's Q3 Results Raise Concerns, Downgrade Adds to Cautious Outlook

Berkshire Hathaway News Daily - A podcast by Quiet. Please

**Berkshire Hathaway (BRK.A) Analysis**1. **Current Price and Intraday Trading Range**: As of the latest data, BRK.A is trading at $688,252.00, with a 24-hour decrease of -2.10%.2. **Pre-market and After-hours Movement**: No specific pre-market or after-hours data is available in the provided sources.3. **Trading Volume vs Average**: The trading volume is 1,652 million shares, but no average volume data is provided for comparison.4. **Recent News or Announcements**: Recent news includes Berkshire Hathaway's Q3 results, which showed a -6.2% Y/Y decline in operating earnings and a record cash pile of $325.21B. Warren Buffett also reduced stakes in Apple and Bank of America by more than 20% each in Q3.5. **Major Analyst Updates or Price Target Changes**: CFRA downgraded Berkshire Hathaway B shares to Hold following less-than-stellar Q3 results.6. **Options Flow Activity**: No specific options flow activity data is available in the provided sources.7. **Related Sector News**: There is no direct semiconductor/AI sector news affecting Berkshire Hathaway in the provided sources.8. **Key Technical Indicators**: - **Support and Resistance**: The support price is $659,232.30 and resistance is $670,267.70 based on a 1-day standard deviation move, indicating a 67% probability that BRK.A shares will trade within this range.- **Moving Averages**: Technical indicators show a neutral trend, with moving averages crossovers indicating a bearish signal.**Market Sentiment**: The overall sentiment is cautious due to the recent earnings decline and significant cash pile, suggesting a potential slowdown in investment activities. The downgrade by CFRA further adds to the cautious outlook.