
Key facts: Berkshire Hathaway cuts Bank of America stake; earnings stabilize; Erica oversees 11,000 tasks

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In Q3 2025, Berkshire Hathaway cut its Bank of America stake by 6.1%, totaling nearly $2 billion, reducing holdings to 568.1 million shares worth $29.9 billion.1Bank of America indicates that earnings cuts for Nifty firms have peaked, with forecasts stabilizing. An 8% earnings growth is expected for fiscal 2025-26, rising to 15% the next year.2Bank of America's virtual assistant, Erica, has handled tasks of 11,000 employees since 2018, with three billion client interactions and offering features like predictive data and budgeting tools.3
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