Berkshire Hathaway 1st US non-tech co to top $1 trillion market cap

Berkshire Hathaway, headed by Warren Buffett, has reached a historic $1 trillion market value, marking it as the first non-tech US company to achieve this milestone. The company’s share price rose on the back of strong insurance outcomes and economic optimism, with a 30% gain this year, surpassing the S&P 500’s 18% improvement.