Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, passing leadership to Greg Abel who now manages a $381 billion portfolio heavily concentrated in just seven stocks. Despite Buffett's retirement from the CEO role, he remains chairman and plans to stay involved but silent in decision-making. Berkshire executed a major portfolio reshuffle in early 2026, reducing holdings from 40 to 26 stocks, with significant sales including those linked to departing manager Todd Combs. The top seven stocks—Alphabet, American Express, Apple, Bank of America, Chevron, Coca-Cola, and Occidental Petroleum—make up nearly 70% of the portfolio, reflecting Buffett's enduring investment strategy focused on strong, dividend-paying companies.
Meta has reached a settlement with the Breathitt County School District in Kentucky, ending a lawsuit accusing the company of causing social media addiction among teenagers. The case was part of a larger group of over 1,200 similar lawsuits consolida...
From 2025 through the first quarter of 2026, major tech companies including Alphabet, Microsoft, Meta, Amazon, and Oracle are projected to burn a combined $563 billion in free cash flow due to heavy AI-related capital expenditures. Apple stands out a...
OpenAI and Google have significantly increased their AI investments in Singapore, establishing the city-state as a key AI hub in Asia-Pacific. OpenAI opened its first applied AI lab outside the U.S. in Singapore, backed by a S$300 million commitment,...
Nvidia continues to lead the AI chip market with strong sales expected to surpass $1 trillion next year, maintaining its dominance despite increasing competition from tech giants like Google, Apple, and others developing custom silicon. Google's TPUs...
Berkshire Hathaway, led by new CEO Greg Abel, has shifted its investment strategy by selling about 16 positions and significantly increasing its stake in Alphabet, Google's parent company. This move marks a departure from Warren Buffett's traditional...
