Warren Buffett’s conglomerate Berkshire Hathaway has seen its shares fall 3.4% after revealing a massive impairment charge related to its investment in Kraft Heinz Co. The company took a $3.8 billion write-down, significantly reducing the value of its stake from nearly $17 billion in 2017 to $8.4 billion. This rare disappointment for billionaire Buffett marks a significant setback for Berkshire Hathaway’s second-quarter results and investor expectations.
Source: https://www.bloomberg.com/news/articles/2025-08-04/berkshire-shares-dip-3-4-after-3-8-billion-kraft-heinz-hit