Berkshire Hathaway’s new CEO Greg Abel has rapidly reshaped the conglomerate’s portfolio, boosting tech and airline exposure after years of Warren Buffett’s cautious approach. In the first quarter, Berkshire more than tripled its stake in Alphabet and bought over $2.6 billion in Delta Air Lines shares. The shift followed the departure of Todd Combs and included trimming or exiting positions such as Visa, Mastercard, Domino’s, Amazon, and UnitedHealth. Buffett publicly endorsed Abel at a recent meeting.
Warren Buffett praised Tim Cook at Berkshire Hathaway’s shareholder meeting, calling the $35 billion Apple investment a near plug-and-play win. Buffett said the bet didn’t require much action from him—Cook’s leadership and Apple’s growth turned the stake into roughly $185 billion. The comment underscores how central management was to the payoff.
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Berkshire Hathaway’s new CEO Greg Abel is confronting a massive $380 billion cash question after taking over Warren Buffett’s mantle. Abel says the company’s operating philosophy won’t change, while cash reserves have grown even as first-quarter earnings improved. With few big deals in recent years, investors are now watching how Abel deploys the pile for capital allocation.
Warren Buffett, 95, drew a standing ovation at Berkshire Hathaway’s first shareholder meeting since CEO succession. Speaking under new leader Greg Abel, Buffett said Abel is “doing everything I did and then some,” signaling high confidence in the handoff. The upbeat tone followed strong first-quarter results and a major jump in Berkshire’s Apple investment value.
Berkshire Hathaway reported stronger Q1 operating profit even as economic headwinds pressured its consumer-facing businesses. Led by Warren Buffett and CEO Greg Abel, the conglomerate built nearly $400 billion in cash, struggled to land large deals, and stayed a net seller of stocks. Segment results were mixed across insurance, rail, and retail.
Berkshire Hathaway’s cash pile has surged to about $380 billion after Warren Buffett’s exit, with Greg Abel now steering the company. Reports suggest Berkshire is holding back on investments and selling portions of its stock portfolio. Analysts are now focused on what comes next, weighing dividend boosts versus a renewed push into energy and faster business growth.
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While Nadella, Ellison and Pichai embrace AI, Warren Buffett is staying on the sidelines. Berkshire Hathaway reportedly holds about USD 382 billion in cash as tech rallies led by a few AI giants leave many valuations stretched. Buffett’s caution raises a pointed question: what risk or missing value does he see behind the hype that others don’t.
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