Berkshire Hathaway Inc
CNBC Daily Open: The Trump movie thriller no one wants to watch
An Oscar statue being set up on the red carpet for the 97th Academy Awards at the Dolby Theatre on Feb 28, 2025, in Hollywood, California. Aaronp | Bauer-Griffin | Getty Images Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as […]
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CNBC Daily Open: A tariff on movies is a typical Trump cliffhanger
The El Capitan Theatre’s marquee promoting the new Marvel film ‘Thunderbolts’ on May 2, 2025 in Hollywood, California, U.S. AaronP | Bauer-Griffin | Getty Out of all the tariff actions U.S. President Donald Trump has announced, the 100% levy on movies produced outside the U.S. ranks as one of the most bizarre, taking its place […]
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Stocks making the biggest moves midday: Berkshire Hathaway, Skechers, Tyson Foods and more
Check out the companies making headlines in midday trading: Berkshire Hathaway — Warren Buffett’s conglomerate saw shares drop more than 4%, retreating from record highs reached on Friday. Monday’s sell-off came after the 94-year-old Buffett announced his intention to step down as CEO. The board voted unanimously on Sunday to make Greg Abel president and […]
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Berkshire Hathaway shares fall 6% after shocking Buffett exit and an earnings decline
People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway Inc annual shareholders’ meeting, in Omaha, Nebraska, U.S., May 3, 2025. Brendan McDermid | Reuters Berkshire Hathaway shares are under pressure Monday as investors process Warren Buffett’s surprise announcement to step down and envision a new path […]
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Stocks making the biggest moves premarket: Howard Hughes, Sunoco, Netflix and more
Check out the companies making headlines before the bell. Berkshire Hathaway — Warren Buffett’s conglomerate saw shares fall more than 1% in premarket after hitting a record high Friday. The decline came after Berkshire’s operating earnings fell 14% in the first quarter , driven by a 48.6% plunge in insurance-underwriting profit. Buffett also surprised shareholders […]
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Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
The Berkshire Hathaway board voted unanimously on Sunday to make Greg Abel president and CEO on January 1, 2026 and for Warren Buffett, 94, to remain as chairman, the company said. Buffett shocked Berkshire shareholders and Abel by announcing in the final minutes of the annual shareholder meeting Saturday that he would be asking the […]
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6 big things investors learned from Warren Buffett at this year’s Berkshire shareholder meeting
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC OMAHA, Neb. — Berkshire Hathaway CEO Warren Buffett shocked shareholders during the conglomerate’s annual gathering on Saturday by announcing his intention to step down. For hours before that, the billionaire touched on a wide range of topics […]
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Greg Abel is the successor to Warren Buffett at Berkshire Hathaway. Here’s how he got there
Gregory Abel, Vice Chairman overseeing non-insurance operations for Berkshire Hathaway, meets shareholders in the exhibition hall during the Berkshire Hathaway Inc annual shareholders’ meeting in Omaha, Nebraska, U.S., May 3, 2024. Scott Morgan | Reuters Warren Buffett plans to hand over the reins of Berkshire Hathaway at the end of 2025 to Greg Abel, who […]
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Warren Buffett to ask board to make Greg Abel CEO of Berkshire Hathaway at year-end
OMAHA, Nebraska — Warren Buffett said he will soon ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at year end. While Buffett is 94 and Abel was designated as CEO successor in 2021, it nonetheless came as surprise to the thousands of admiring shareholders gathered for this year’s annual […]
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Buffett downplays recent market volatility as ‘really nothing,’ saying it’s part of investing
OMAHA, Nebraska — Warren Buffett on Saturday brushed off recent stock market volatility that has rattled investors over the past several weeks. “What has happened in the last 30, 45 days … is really nothing,” the Berkshire Hathaway CEO said during the conglomerate’s annual meeting. Buffett pointed out that there were three occasions over the […]
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