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Wethaq Takaful Insurance Company K.S.C.P. (WETHAQ.KW)

38.90

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At close: May 1 at 12:40:02 PM GMT+3

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.

Yahoo Finance 9 hours ago

BRK-B
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.

Yahoo Finance Video 19 hours ago

BRK-B
How the world’s only patented plantable pencil has sold millions

Billed as the world’s only patented plantable pencil, SproutWorld has sold over 75 million products.

Yahoo Finance UK 9 minutes ago

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Warren Buffett Is Getting Richer In 2025 — And It's Not Because Of Apple: How One Chinese Holding Is Helping

Billionaire Warren Buffett has a long history of his Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) conglomerate outperforming the S&P 500, which is tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY). While many stocks are down in 2025, one of Buffett's ...

Benzinga 4 hours ago

BRK-B

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AAPL
Why There Will Never Be Another Warren Buffett

There’s only one Warren Buffett, and there will never be another. On May 3, Buffett announced that he will step down as chief executive of Berkshire Hathaway the conglomerate he has built into one of the most successful investments in history. Buffett is not only brilliant, but he has also spent nearly his entire long lifetime obsessed with the stock market.

The Wall Street Journal 4 hours ago

BRK-B
The Lesson in Buffett’s Winning Apple Bet

The famed investor largely shied away from tech until his 2016 Apple bet. It turned out to be his greatest investment.

The Wall Street Journal 5 hours ago

BRK-B

AAPL
Who Is Greg Abel, the Man Preparing to Take Over for Warren Buffett?

Abel, a small child when Buffett took the helm at Berkshire Hathaway, runs the conglomerate’s noninsurance businesses.

The Wall Street Journal 5 hours ago

BRK-B
Read the WSJ’s Early Coverage of Warren Buffett

The legendary investor first appeared in a 1965 item on the ouster of the president of a textile company called Berkshire Hathaway.

The Wall Street Journal 6 hours ago

BRK-B
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. 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. The 94-year-old investor closed the annual meeting of the company he built into one of the nation’s largest with the surprise announcement that he will recommend to Berkshire’s board that Abel begin the CEO job in 2026.

The Wall Street Journal 6 hours ago

BRK-B
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.

Motley Fool 6 hours ago

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Jamie Dimon says Buffett ‘represents everything that is good about American capitalism’ as Tim Cook praises him and successor Abel

Berkshire Hathaway CEO Warren Buffett announced Saturday that he plans to step down by the end of the year.

Fortune 7 hours ago

BRK-B

AAPL
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.

Reuters 7 hours ago

BRK-B
Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

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.

Associated Press Finance 8 hours ago

BRK-B
Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

Warren Buffett, 94, announced on 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: Brian Moynihan, CEO at Bank of America: "Warren Buffett has achieved unparalleled success over a seven-decade-plus career. Beyond his business success, his unprecedented philanthropic giving continues to be an example to follow.

Reuters 8 hours ago

BRK-B
Warren Buffett plans to step down as Berkshire CEO

The legendary investor expects turn reins over to Vice Chair Greg Abel.

TheStreet 8 hours ago

BRK-B

AAPL
Warren Buffett, on Stage at Berkshire Meeting, Defends Global Trade

“Trade should not be a weapon,” the legendary investor said as he decried policies that create a few winners and widespread resentment elsewhere.

The Wall Street Journal 8 hours ago

BRK-B
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.

Motley Fool 9 hours ago

BRK-B
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.

Barrons.com 9 hours ago

BRK-B
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.

Associated Press Finance 8 hours ago

BRK-B
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.

GuruFocus.com 9 hours ago

BRK-B

Performance Overview

Return	WETHAQ.KW	MSCI WORLD (^990100-USD-STRD)
YTD	-26.60%	+0.15%
1-Year	+2.10%	+12.69%
3-Year	+0.26%	+33.23%

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Related News

Berkshire Hathaway annual meeting: Buffett to step down as CEO at year-end, recommends Abel take over

Berkshire earnings: What else to expect at shareholders meeting

How the world’s only patented plantable pencil has sold millions

Warren Buffett Is Getting Richer In 2025 — And It's Not Because Of Apple: How One Chinese Holding Is Helping

Why There Will Never Be Another Warren Buffett

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Who Is Greg Abel, the Man Preparing to Take Over for Warren Buffett?

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Warren Buffett’s best and worst investments in his 60 years leading Berkshire Hathaway

Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel

Warren Buffett plans to step down as Berkshire CEO

Warren Buffett, on Stage at Berkshire Meeting, Defends Global Trade

Warren Buffett Talks Tariffs, Market Volatility, and Stepping Down as CEO at Berkshire Hathaway's Annual Meeting

Berkshire’s Buffett Will Step Down as CEO After 60 Years. Heir Apparent Abel Gets the Nod.

Who is Greg Abel, the executive picked to be successor to Warren Buffett?

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Performance Overview