This Stock Just Joined Apple, Nvidia, and Microsoft in the $1 Trillion Club -- and Is the First of Its Kind to Do So
During the past few years, some of the largest companies in the world, including Apple, Nvidia, Microsoft, Alphabet, Meta Platforms, and Amazon, have crossed the $1 trillion market capitalization threshold.
These companies have all leveraged technology to achieve staggering growth. The same can't be said of one company that crossed the $1 trillion threshold on Aug. 28 -- Warren Buffett's conglomerate, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
Berkshire is a financial-sector company, and it's the first reach this milestone. This is a testament to Buffett's investing prowess and Berkshire's sound business model, which supports a cash-generating machine that has rewarded investors handsomely over the long haul.
Source Fool.com