# Berkshire Hathaway
Latest news and articles about Berkshire Hathaway
Total: 6 articles found
A New Chapter at Berkshire: Greg Abel’s First Letter Signals Continuity—and Caution
Greg Abel’s first shareholder letter as Berkshire Hathaway CEO underscores continuity with Warren Buffett’s approach while acknowledging setbacks in 2025: net income fell year‑on‑year and operating profits were weighed down by insurance weakness and write‑downs. The company retains a massive cash reserve and a concentrated equity portfolio, leaving Abel the strategic choice of how and when to deploy capital.
Greg Abel’s First Letter: Berkshire’s Hand-Off Is Smooth, but Insurance Woes and a $373bn Cash Pile Pose Questions
Greg Abel’s first annual shareholder letter as CEO emphasised continuity as Berkshire Hathaway reported a drop in GAAP net profit to $66.97bn in 2025, while operating earnings fell to $44.49bn but remained above the five‑year average. Insurance underwriting weakness and a $4.5bn impairment offset steady performance from rail and energy units, leaving a $373.3bn cash reserve that poses both an opportunity and a challenge for future capital allocation.
Buffett Hands Over the Helm — but Berkshire’s Cash and Culture Keep the Story Intact
Warren Buffett retired as Berkshire Hathaway’s CEO at the end of 2025, handing leadership to Greg Abel while remaining active as a shareholder and advisor. The annual report shows record cash of $373.3 billion, concentrated equity holdings in a few U.S. and Japanese companies, a drop in annual net profit, and a cautious stance on buybacks and dividends.
Buffett’s Farewell Portfolio: Berkshire Slashes Amazon and Trims Apple and BAC, Opens a Position in The New York Times
Berkshire Hathaway’s last 13F filed while Warren Buffett was CEO shows large reductions in Amazon (over 77% cut), continued trimming of Apple and significant sales of Bank of America, while opening a new roughly $352m stake in The New York Times. The moves—combined with increases in Chevron and Chubb—suggest a selective rotation into energy and insurance and a cautious stance on big tech amid questions about AI‑related spending.
Buffett’s Last Lessons: Trade, Trust and Time — Ten Practical Rules from a 94‑Year‑Old Investor
At Berkshire Hathaway’s annual meeting, Warren Buffett outlined ten practical principles for investors and citizens: beware trade protectionism, guard against inflationary fiscal policy, be modest about technology you do not understand, favour patience plus decisive action, and protect reputation. His remarks stress long-term compounding, vocation, curiosity and the role of trust in sustaining markets as he phases in succession at Berkshire.
U.S. Stocks Open Modestly Higher as Memory Shares Lead Gains, Kraft Heinz and Netflix Drag
U.S. markets opened modestly higher, led by gains in memory and storage stocks as investors bet on data-centre and AI-driven demand. Kraft Heinz tumbled after Berkshire registered a large share sale, and Netflix fell after disappointing profit guidance and a pause to buybacks tied to a Warner acquisition.