As the shock of Warren Buffett's exit settles in, one question about the succession has become the elephant in the room — Who will handle Berkshire Hathaway's $275 billion portfolio of stocks? The legendary, 94-year-old investor is stepping down as chief executive officer at the end of 2025 after...
Berkshire Hathaway CEO Warren Buffett announced at the company's annual shareholder meeting on May 3 that he will step down as chief executive at the end of this year. He will stay on as chairman.Since taking over what was once a struggling textile company in 1965, Buffett has turned...
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC When Warren Buffett relinquishes the CEO title at Berkshire Hathaway, he'll leave investors with decades of outsized returns.Buffett shocked the investing world on Saturday with...
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 | ReutersBerkshire Hathaway shares are under pressure Monday as investors process Warren Buffett's surprise announcement to step down and...
My top 10 things to watch Monday, May 5 — Jeff Marks wrote the Top 10 today. 1. Wall Street was heading for a lower open after the S & P 500 on Friday logged its ninth positive session in a row . That was the first time that's...
The crowd reacts during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.CNBCOMAHA, Neb. — Berkshire Hathaway shareholders who came from around the world to Omaha for the conglomerate's annual meeting this weekend had no idea how historic this year's event would be.Warren Buffett, the...
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.CNBCOMAHA, 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...
In a year that hasn't been kind to many big-name stocks, Warren Buffett's Berkshire Hathaway is standing near the top. Berkshire shares have posted a 17% return year-to-date, while the S&P 500 index is down 6%.That performance places Berkshire among the top 10% of the U.S. market's large-cap leaders,...
The Apple Fifth Avenue store in New York, U.S., on Monday, Feb. 24, 2025.Michael Nagle | Bloomberg | Getty Images On late Friday, the Trump administration welcomed the weekend in the best way: by announcing that electronics — such as smartphones, computers and semiconductors — will be temporarily exempted from...
Warren Buffett , who came into 2025 with the most cash he's ever owned, is now presented with an ugly market meltdown and extreme volatility — an environment where he's known to thrive. Buffett, the fabled father of value investing, has a long history of taking advantage of depressed periods...