Top 5 Things to Watch in Markets in the Week Ahead

Reuters

Warren Buffett’s Berkshire Hathaway recovers from coronavirus slowdown

(Reuters) -Warren Buffett’s Berkshire Hathaway Inc on Saturday said many of its businesses are enjoying strong recoveries from the early depths of the coronavirus pandemic, fueling rebounds in profits and revenue. The company Buffett has run since 1965 also signaled the billionaire’s confidence in its future by repurchasing $6 billion of its own shares in the second quarter, even as its stock price regularly set new highs. Omaha, Nebraska-based Berkshire’s manufacturing, service and retailing businesses suffered last year as economic activity plunged, job losses soared and shoppers stayed home.