Berkshire Hathaway holds first shareholder meeting without Warren Buffett as stock lags S&P 500.

Berkshire Hathaway's annual shareholder meeting on May 2 marks the first without Warren Buffett speaking as CEO, with new CEO Greg Abel taking the lead. The company's stock has underperformed the S&P 500 by the largest margin since 2000, partly due to its large cash reserves amid uncertain markets. Investors will focus on Abel's insights on capital deployment and business performance, as well as how Berkshire plans to create value going forward. The meeting signals a new era for Berkshire, emphasizing continuity and disciplined investment amid a volatile economic backdrop.