(Reuters) – The market value of Berkshire Hathaway (NYSE:) surpassed $1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly six decades into what many consider a proxy for the American economy.
Berkshire joined six other companies, mainly from the technology sector, above $1 trillion: Apple (NASDAQ:), Nvidia (NASDAQ:), Microsoft (NASDAQ:), Google parent Alphabet (NASDAQ:), Amazon.com (NASDAQ:) and Facebook parent Meta Platforms (NASDAQ:).
