Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now BSE - Delayed Quote • INR BFL Asset Finvest Limited (BFLAFL.BO) Follow Add holdings 12.05 -0.24 (-1.95%) At close: May 2 at 3:15:00 PM GMT+5:30 Related News Berkshire Hathaway annual meeting: Buffett recommends Abel take over as CEO at year end 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. Berkshire Hathaway (BRK.B) Q1 Profit Drops 63% as Buffett Warns Against Weaponized Trade Net earnings fall on wildfire losses; cash hoard hits $334B amid limited investment options Warren Buffett Waves White Flag: Berkshire Can't Compete with Private Equity Berkshire admits defeat in the hottest deal game--and explains why it's refusing to play by Wall Street's rules. Berkshire's Abel says wildfires prompted new approach to keeping lights on OMAHA, Nebraska (Reuters) -Berkshire Hathaway Vice Chairman Greg Abel said on Saturday that "keeping the lights on" is no longer a priority for the conglomerate's utilities when the threat of wildfires becomes excessive. Abel spoke at Berkshire's annual shareholder meeting, as the conglomerate's PacifiCorp utility defends against a slew of litigation over wildfires in Oregon and northern California. Abel Would Be Hands Off With Berkshire’s Managers Berkshire executive Greg Abel is widely expected to succeed Warren Buffett as CEO. A shareholder asked Abel how his management style differs from Buffett’s. Buffett, who is famously hands off, jumped in. Need for Capital Among ‘Mag 7’ Is Going Up Berkire Hathaway CEO Warren Buffett acknowledged that the “capital intensity” of tech companies is rising. A couple years ago, he had cited the lack of need for capital as one big advantage that tech companies had over others. Buffett Details Berkshire’s 2 Stock Buys in BHE CEO Warren Buffett talked about two transactions regarding Berkshire Hathaway Energy. Buffett was asked about the times when Berkshire bought stakes in Berkshire Hathaway Energy from Berkshire executive Greg Abel and the estate of Walter Scott, a former Berkshire director who died in 2021. The purchase of the 1% stake from Abel was in 2022 at an implied valuation for BHE of about $87 billion. 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. Buffett, Abel Discuss Electric Grid Investments CEO Warren Buffett and top executive Greg Abel talked about investments in the electric grid_–_which is a huge opportunity for Berkshire Hathaway. Berkshire Hathaway Energy, the company's diversified utility, plans to invest $30 billion over the coming three years (2025-2027), including capital investment to build-out of the grid in the Western states. Buffett Stays Patient as Berkshire Cash Pile Grows Buffett reaffirms Japan holdings, cash strategy, and U.S. optimism heading into a volatile Q2 Buffett's Insurance Empire Has an AI Plan--And It's Nothing Like Wall Street's Berkshire's Ajit Jain says they'll strike fast--but only when the odds are right Tesla Vs. BYD: EV Giants Near Buy Points For Very Different Reasons Tesla and BYD stock are both setting up buying opportunities. BYD growth is booming while TSLA investors bet on robotaxis. Buffett's Berkshire Posts Subdued Q1 Results Net earnings plunge to $4.6 billion as investment markdowns outweigh revenue resilience Berkshire Hathaway (BRK-B) Transitions Leadership as Abel Assumes CEO Responsibilities Buffett may comment on U.S. tariffs and market outlook at annual meeting Berkshire Insurance Underwriting Profit Down Nearly 50% to $1.3B After Taxes Berkshire’s insurance underwriting profits in the first quarter were down nearly 50% to $1.3 billion after taxes, reflecting losses from the Los Angeles wildfires in the first quarter of $1.1 billion. Investment income rose 11% to $2.9 billion on higher cash balances in the period. Profits at the Burlington Northern Santa Fe rose 6% to $1.2 billion and earnings at Berkshire Hathaway Energy rose 53% to $1.1 billion. Berkshire Hathaway (BRK.A, BRK.B) Meeting Draws Focus as Cash Hits $334B Stock up nearly 19% YTD, outperforming S&P 500's 4% decline Buffett’s Berkshire sells more stocks, cash pile swells to record $347.7 billion Investing.com -- Berkshire Hathaway (NYSE:BRKb) reported a 14% drop in first-quarter operating earnings to $9.64 billion, down from $11.22 billion a year earlier, as insurance underwriting income declined sharply. Insurance underwriting operating income fell 49% year-over-year to $1.34 billion, while insurance investment income rose 11% to $2.89 billion. BNSF Railway posted operating income of $1.21 billion, up 6.2%, and Berkshire Hathaway Energy reported a 53% increase to $1.10 billion. Net inc 2 Under-the-Radar Dividend Stocks With Market-Beating Potential AvalonBay Communities is aggressively moving into some of the fastest-growing U.S. markets. Realty Income has lots of growth potential and has been beaten down in the high-interest rate environment. Although the stock market has rebounded significantly from its lows, there are still some excellent bargains to be found by patient long-term investors. Big Oil Isn’t Budging on Output as OPEC+ Supply Hike Looms (Bloomberg) -- The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices during April and a decision by OPEC+ to crank up output in June.Most Read from BloombergNYC Lost $9 Billion of Income to Miami, Palm Beach in Five YearsNJ Transit Urges Commuters to Work Remotely If Union StrikesNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysNYC’s MTA to Cut Costs 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 BFLAFL.BO S&P BSE SENSEX (^BSESN) YTD -43.19% +3.02% 1-Year -45.25% +7.90% 3-Year -45.25% +41.29%