President Trump warned Iran to make progress in war negotiations or face severe consequences, causing oil prices to surge and stock futures to fall. Berkshire Hathaway revealed a $2.6 billion stake in Delta Air Lines, marking a return to the airline sector since 2020. Lululemon publicly opposed activist founder Chip Wilson amid a proxy battle, urging shareholders to support its turnaround plan. Meta is expected to cut about 10% of its workforce this week, reflecting ongoing tech industry layoffs despite rising stock prices. Meanwhile, Spirit Airlines' retired planes are being stored in Arizona deserts, a common practice to prevent damage.
Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, passing leadership to Greg Abel, who took over on January 1, 2026. Abel inherited a concentrated $331 billion equity portfolio heavily weighted in six stocks but has start...
Delta Air Lines reported strong first-quarter results, surpassing revenue and margin forecasts due to its diversified revenue streams, premium offerings, and refinery ownership which help mitigate fuel price volatility. Management projects 10-13% rev...
Berkshire Hathaway, under new CEO Greg Abel, disclosed its first quarterly portfolio update since Warren Buffett stepped down. The $263 billion equity portfolio saw significant changes, including increased stakes in Alphabet, The New York Times, and ...
Berkshire Hathaway reshuffled its portfolio in Q1, investing $2.65 billion in Delta Air Lines and acquiring a small stake in Macy’s. The company also more than tripled its stake in Alphabet to $16.6 billion and doubled its holding in the New York Tim...
In the first quarter, Berkshire Hathaway increased its investment in Alphabet and started a new position in Delta Air Lines. The company also sold off significant holdings in Mastercard, Visa, Aon, and UnitedHealth Group, while reducing its stake in ...
