Warren Buffett’s Berkshire Hathaway has become the first American non-tech company to reach a market value of $1 trillion, driven by a 0.8% stock increase and strong performance in insurance. The company has seen a remarkable 30% growth in 2024, outpacing the S&P 500’s 18% rise, supported by an array of diverse businesses such as truck stops and battery manufacturers. This achievement occurs amid rising consumer confidence and potential interest rate cuts. However, analysts warn that further growth may be limited, despite the stability of Berkshire’s “all-weather” portfolio and Buffett’s substantial cash reserves of $276.9 billion.