Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now BSE - Delayed Quote • INR Authum Investment & Infrastructure Limited (AIIL.BO) Follow Add holdings 1,796.20 +73.75 +(4.28%) At close: May 2 at 3:29:41 PM GMT+5:30 Related News Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over The annual Berkshire Hathaway (BRK-A, BRK-B) shareholder meeting, hosted by CEO Warren Buffett, is here. Berkshire earnings: What else to expect at shareholders meeting Berkshire Hathaway (BRK-B, BRK-A) will reveal its first quarter earnings results this Saturday at its annual shareholders meeting. What else are Wall Street investors eager to hear from the investment firm? The Glenview Trust Company chief investment officer Bill Stone comes on Market Domination to talk about Berkshire's cash pile worth over $330 billion and what topics chairman and CEO Warren Buffett could address at the event. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Warren Buffett Plans to Step Down as Berkshire CEO at Year-End Warren Buffett said he has recommended Berkshire Hathaway’s Vice Chairman Greg Abel to become the CEO in 2026. Omaha, Neb.—It was time. Warren Buffett stunned the investing world Saturday by revealing his plans to step down as Berkshire Hathaway’s chief executive at year-end and hand the reins to handpicked successor, Greg Abel. 2 No-Brainer Dividend Stocks to Buy for Income This May NextEra Energy has grown its dividend at a 10% compound annual rate over the past 20 years. Realty Income has increased its dividend 130 times since its public market listing in 1994. NextEra Energy (NYSE: NEE) and Realty Income (NYSE: O) are two such dividend stocks. Warren Buffett's successor Greg Abel seen preserving Berkshire's culture OMAHA, Nebraska (Reuters) -When Greg Abel succeeds Warren Buffett at the helm of Berkshire Hathaway at the end of this year, he is expected to preserve the culture at the behemoth even if he does not match the star power of his legendary boss. Abel, 62, now a Berkshire vice chairman, is expected by investors and analysts to uphold the $1.18 trillion conglomerate's track record of investing in companies for the long haul and eschewing dividend payments to shareholders. Berkshire, which owns railroads, insurance companies and an ice-cream maker, has been planning for decades for the eventuality when Buffett, 94, who has run the company since 1965, is no longer there. Warren Buffett’s best and worst investments in his 60 years as Berkshire Hathaway CEO Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. Buffett, one of the world's richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. It also earned him the nickname “Oracle of Omaha,” a reference to the Nebraska city where Buffett was born and chose to live and work. Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel Warren Buffett, 94, announced Saturday he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: JPMorgan Chase & Co CEO Jamie Dimon: "Warren Buffett represents everything that is good about American capitalism and America itself -- investing in the growth of our nation and its businesses with integrity, optimism, and common sense. I've learned so much from him to this very day, and I am honored to call him a friend." Warren Buffett, on Stage at Berkshire Meeting, Defends Global Trade “Trade should not be a weapon,” the investor said as he decried policies that create a few winners and widespread resentment elsewhere. Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting Buffett isn't a fan of tariffs, but he remains a fan of the U.S. economy. The current market volatility is nothing new for Berkshire. Buffett wants Greg Abel to become CEO of Berkshire Hathaway by year's end. Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod. Warren Buffett surprised shareholders with his announcement on Saturday. The board still needs to vote on Greg Abel as successor. Who is Greg Abel, the executive picked to be successor to Warren Buffett? When Warren Buffett announced at his annual shareholder meeting Saturday that he is stepping down as CEO of Berkshire Hathaway at the end of the year, he elevated a low-key 62-year-old Canadian executive named Greg Abel who has long been one of his top lieutenants. For the past seven years, Abel has been overseeing Berkshire’s BNSF railroad and its treat makers See’s Candies and Dairy Queen along with dozens of other manufacturing and retail businesses that Buffett acquired over the years. Berkshire confirmed Abel as Buffett’s successor in 2021 after former Vice Chairman Charlie Munger let it slip at the annual meeting. Warren Buffett's Successor Breaks Silence--And Investors Just Got Their Answer Berkshire's next CEO vows to follow Buffett's exact blueprint--no flashy turns, just steady compounding and cash hoarding. Warren Buffett says Greg Abel should take over as Berkshire Hathaway CEO by year’s end "I think they'll be unanimously in favor of it, and that would mean that at year-end Greg would be the chief executive officer of Berkshire and I would still hang around." Berkshire (BRK.B) Holds Fire on $10B Deal as Buffett, Jain Warn of Market Risk and Currency Fallout Insurance pressure, macro stress, and cash discipline define Buffett's cautious near-term outlook Berkshire Hathaway (BRK.B) Puts Patience and Purpose First as Buffett Draws Healthy Crowd Buffett stays loyal to Japan, praises Apple, and reminds investors that joy matters too Berkshire Hathaway (BRK.B) Pulls Back on Risk, Waits on AI as Q1 Income Slips 14% Buffett and Jain outline a cautious path: fewer insurance bets, leaner Geico, and no AI rush--for now Shell is studying merits of buying BP, Bloomberg News reports For several years, BP and Shell were almost equal in size, but over the past few years Shell has grown to almost twice the size of BP, with a market value of about 149 billion pounds. On Friday, when asked about a possible takeover bid for BP, Shell's, Chief Executive Wael Sawan told the Financial Times he would rather buy back more Shell stock. A Shell spokesperson confirmed the comments. Berkshire Hathaway (BRK.B) Walks From $10B Deal as Buffett Sounds Alarm on U.S. Debt At 94, Buffett still isn't chasing deals and still isn't mincing words Warren Buffett To Step Down as CEO of Berkshire Hathaway at Year-End Warren Buffett said Saturday he intends to step down as CEO of Berkshire Hathaway, with Vice Chair Greg Abel set to assume the role at the end of the year. Warren Buffett to step down as CEO of Berkshire Hathaway by end of the year Warren Buffett said on Saturday that he plans to step down by the end of this year as CEO of Berkshire Hathaway, and has named Greg Abel as his successor. Performance Overview Trailing total returns as of 5/2/2025, which may include dividends or other distributions. Benchmark is S&P BSE SENSEX (^BSESN) Return AIIL.BO S&P BSE SENSEX (^BSESN) YTD +5.50% +3.02% 1-Year +116.96% +7.90% 3-Year +90.07% +41.29%