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Alexandria National Company For Financial Investment SAE (EGS67331C016.CA)

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Buffett succession: Berkshire's business has been 'changing forever'

Alongside Berkshire Hathaway's (BRK-B, BRK-A) first quarter earnings results, chairman and CEO Warren Buffett, 94, announced at the company's annual shareholders meeting that he will step down and be succeeded by Berkshire Hathaway Energy Chair Greg Abel at the end of the year. TKer.co editor Sam Ro reacts to Buffett's retirement announcement, how investors should expect to respond to this passing of the torch, and Buffett's own comments on why trade policies should not be used as "a weapon." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 33 minutes ago

BRK-B
Movie tariffs, Tyson Foods, United Airlines: Trending Tickers

Brad Smith and Madison Mills outline some of today's trending tickers. US President Trump orders 100% levies on foreign-made movies. Netflix (NFLX), Disney (DIS), and Warner Bros. Discover (WBD) are under pressure after the tariff announcement. Tyson Foods (TSN) stock falls after the company reported quarterly results, which showed its chicken profits helped offset beef losses, though sales overall fell short of analyst estimates. United Airlines (UAL) cuts flights at Newark Airport as staffing shortages cause significant delays. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 53 minutes ago

DIS

TSN

NFLX
Warren Buffett is stepping aside at Berkshire Hathaway. Here's what he thinks happens next.

Warren Buffett outlined years ago what it would take to be the next CEO at Berkshire Hathaway.

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Is Starbucks Serving Up Promise or Peril?

Same-store sales are down at the coffee chain's U.S. stores. But a successful turnaround isn't off the menu yet.

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Stocks Halt Rally Amid Lingering Trade-War Risks: Markets Wrap

(Bloomberg) -- A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks provided little relief to investors bracing for the impacts of his trade war on the economy and corporate earnings.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureNJ Transit Urges Commuters to W

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CORRECTING and REPLACING Berkshire Hathaway Inc. News Release

OMAHA, Neb., May 05, 2025--First paragraph, second sentence of release should read: On May 4, 2025, Berkshire’s Board of Directors voted unanimously to appoint Greg Abel to become Berkshire’s President and CEO effective on January 1, 2026 (instead of On May 4, 2026, Berkshire’s Board of Directors voted unanimously to appoint Greg Abel to become Berkshire’s President and CEO effective on January 1, 2026).

Business Wire 37 minutes ago

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Skechers to Go Private in $9.4 Billion 3G Deal

The footwear company said 3G plans to pay $63 a share in cash for all of Skechers’s outstanding shares.

The Wall Street Journal 45 minutes ago

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Stocks to Watch Monday: Berkshire Hathaway, Netflix, Palantir

↘️ Berkshire Hathaway (BRK.B), (BRK.A): The conglomerate's stock fell more than 6% after Warren Buffett said he plans to step down as chief executive at year-end. He will be succeeded by Greg Abel. ↘️ Warner Bros.

The Wall Street Journal 46 minutes ago

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Berkshire Hathaway stock slumps 6% as Warren Buffett says he's retiring

Shares of Warren Buffett’s Berkshire Hathaway (BRK.A) fell Monday morning, two days after Buffett announced that he will retire as CEO at the end of the year.

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Netflix, Other Movie Stocks Fall After Trump Threatens Tariffs on Foreign-Made Films

Shares of U.S. studios and entertainment companies dropped Monday, after President Trump called for a 100% tariff on movies produced overseas. Warner Bros. Discovery stock recently stood 2.7% lower. The company is behind this year’s highest-grossing film, “A Minecraft Movie,” which was partly filmed in New Zealand and Canada.

The Wall Street Journal 49 minutes ago

DIS

AMZN

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Skechers to be acquired and taken private by 3G Capital in £6.78bn deal

The deal is expected to close in the third quarter of this year.

PA Media: Money 51 minutes ago

SKX
3G Capital to acquire Skechers USA, stock surges

Investing.com -- Skechers USA shares jumped more than 26% on Monday after the footwear giant announced it will be acquired by 3G Capital for $63 per share.

Investing.com 52 minutes ago

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Was Jim Cramer Right About Advanced Micro Devices (AMD)?

We recently published a list of Did Jim Cramer Hit or Miss On These 13 Stock Predictions? In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other stocks that Jim Cramer discussed during the episode of Mad Money on May 1st, 2024. During the Mad Money […]

Insider Monkey 1 hour ago

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In Surprise Move, Skechers To Go Private in $9.54 Billion Deal With 3G Capital

The company will remain at its Manhattan Beach, Calif. headquarters.

Footwear News 1 hour ago

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Shoemaker Skechers to be acquired for $9 billion and taken private by 3G Capital

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday. The offer of $63 per share represents a premium of 30% to Skechers’ 15-day volume-weighted average stock price, the companies said.

Associated Press Finance 1 hour ago

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What Analyst Projections for Key Metrics Reveal About Teva Pharmaceutical Industries (TEVA) Q1 Earnings

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Teva Pharmaceutical Industries (TEVA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.

Zacks 1 hour ago

TEVA
The shoe company Skechers is being acquired for more than $9 billion and taken private by 3G Capital

The shoe company Skechers is being acquired for more than $9 billion and taken private by 3G Capital.

Associated Press Finance 1 hour ago

SKX
ON Semiconductor Corp. (ON) Q1 Earnings and Revenues Beat Estimates

ON Semiconductor Corp. (ON) delivered earnings and revenue surprises of 7.84% and 2.88%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?

Zacks 1 hour ago

ON
Hims & Hers Appoints Global Operations Expert and Amazon Veteran as Chief Operations Officer

SAN FRANCISCO, May 05, 2025--Hims & Hers Health, Inc. (NYSE: HIMS), the leading health and wellness platform, today announced the appointment of Nader Kabbani as Chief Operations Officer.1 A seasoned executive known for scaling trusted consumer and healthcare logistics businesses, Kabbani will oversee operations as the company expands access to personalized care for millions more individuals.

Business Wire 1 hour ago

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Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

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Alexandria National Company For Financial Investment SAE (EGS67331C016.CA)

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Buffett succession: Berkshire's business has been 'changing forever'

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