Berkshire Hathaway Inc
Todd Combs’ stellar 15-year career at Berkshire started with an unsolicited letter to Charlie Munger
Todd Combs, one of Warren Buffett’s handpicked investment lieutenants and a key executive at Geico, Berkshire Hathaway’ s crown jewel insurance business, is leaving the conglomerate after a 15-year tenure that helped define the firm’s post-Buffett transition. Combs, 54, first caught the attention of Buffett’s late partner Charlie Munger, who famously recounted receiving an unsolicited […]
Read More
End of ‘The Berkshire Way’? Combs’ departure isn’t only big change as Buffett transition nears
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Todd Combs’ surprise departure from Berkshire Hathaway got most of the attention when it was announced this week. There were also, however, several additional personnel […]
Read More
CNBC Daily Open: The Warner Bros. Discovery deal — a cliffhanger in the making?
A view of the water tower at Paramount Studios on Oct. 30, 2025 in Los Angeles, California. Mario Tama | Getty Images Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix’s announcement last week that it had reached a deal to buy the HBO owner. The company is “here […]
Read More
CNBC Daily Open: Investors are loving the Paramount-Warner Bros-Netflix drama
A drone view shows a sign for Paramount in front of the Hollywood sign in Los Angeles, California, December 8, 2025. Daniel Cole | Reuters Paramount Skydance on Monday launched a hostile takeover bid for Warner Bros. Discovery, following Netflix’s announcement last week that it had reached a deal to buy the HBO owner. The […]
Read More
Stocks making the biggest moves midday: Paramount Skydance, Wave Lifesciences, Confluent & more
Check out the companies making the biggest moves midday: Wave Life Sciences — The Singapore-based biotech that trades on Nasdaq more than doubled, soaring roughly 140% , after positive interim data from a Phase 1 trial of an RNA obesity shot that cut fat but retained muscle. Paramount Skydance — The media company is launching a […]
Read More
S&P 500 win streak, Berkshire’s leadership changes, Netflix’s regulatory path and more in Morning Squawk
A Wall Street sign is viewed in front of the New York Stock Exchange. Eduardo Munoz | AFP | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Secret Santa The three major indexes […]
Read More
Stocks making the biggest moves premarket: Broadcom, Confluent, Carvana & more
Check out the companies making the biggest moves before the bell: Confluent – The Wall Street Journal published a report on Sunday that IBM is in advanced talks to seal an $11 billion deal to acquire data-infrastructure company Confluent, boosting the latter company’s shares by 27%. Broadcom — The chipmaker rose more than 2% after […]
Read More
Berkshire Hathaway’s Todd Combs, investment lieutenant to Buffett and Geico CEO, is leaving for JPMorgan
Todd Combs, portfolio manager and investment officer of Berkshire Hathaway Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Friday, July 12, 2019. Patrick T. Fallon / Bloomberg / Getty Images Warren Buffett’s Berkshire Hathaway announced a number of structural changes before the […]
Read More
Michael and Susan Dell to donate $6.25 billion to fund ‘Trump accounts’ for 25 million U.S. kids
Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will […]
Read More
CNBC’s The China Connection newsletter: Foreign investors warm to China’s cheaper AI valuations despite fears of a U.S. bubble
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Sitting in his new Beijing office, AI2 Robotics Founder and CEO Eric Guo wistfully reflected on fundraising challenges in China — and noted that U.S.-based […]
Read More