Berkshire Hathaway is built to last without Warren Buffett, and the new CEO may put the company's cash pile to better use. Sluggish growth rates in large business segments are concerning and may lead to the stock underperforming the S&P 500.
Warren Buffett has retired as Berkshire Hathaway's CEO, making way for his top deputy, Greg Abel. Abel's key challenges include deploying Berkshire's huge cash pile and expanding his remit.
Berkshire appointed Greg Abel CEO effective Jan. 1, 2026. The conglomerate's massive cash reserves raise the stakes for investment decisions at the company.
Berkshire Hathaway's stock droped Friday as Warren Buffett officially stepped down after 60 years as CEO, with Greg Abel taking over the $1 trillion conglomerate.
Warren Buffett is now retired, but the new boss of Berkshire Hathaway, Greg Abel, just got a bullish technical endorsement from Wall Street in the form of a “golden cross” chart pattern.
Berkshire Hathaway's , post-Buffett era began quietly Friday, as shares slipped slightly after the "Oracle of Omaha" handed Greg Abel the top job following six decades at the helm.
Berkshire Hathaway shares ticked lower to start 2026 and a new era of leadership under Warren Buffett's successor Greg Abel. The conglomerate ended 2025 with a gain of 10.9%, notching its 10th straight year of positive returns.
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