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STORY: :: May 1, 2026New Berkshire Hathaway CEO Greg Abel presided over his first annual meeting on Saturday, looking to earn the trust of shareholders at a critical moment for the conglomerate built by Warren Buffett.The 63-year-old, who succeeded Buffett in January, kicked off the Omaha event as a banner honoring Buffett’s 60 years at the helm drew applause. Buffett, now chairman, watched from the front row.Abel's task, as one attendee put it, is formidable: "Replacing the greatest investor who ever lived." Since Buffett, who's 95, announced last year he would step down, Berkshire's shares have lagged the S&P 500 by nearly 40 percentage points.While Berkshire is sometimes considered a microcosm of the broader U.S. economy, it has also been viewed as out of step with broader market trends, most notably technology and AI-driven growth.Though Apple is one of its largest holdings, Berkshire is more known for its retail, industrial and insurance businesses, including Geico, BNSF railroad, Dairy Queen and See's Candies.Before the meeting, Berkshire reported higher first‑quarter operating profit and a record cash pile of nearly 400 billion dollars — along with its first share buybacks in almost two years.Still, questions remain over how Abel will deploy all that cash, something that also bedeviled Buffett, with Berkshire going a decade without making a needle-moving acquisition.The meeting is the centerpiece of a weekend of shareholder events around Omaha, including investment conferences, private get-togethers, and shopping from Berkshire-owned businesses in a downtown exhibit hall.

(Bloomberg) -- Greg Abel didn’t take long to address the elephant in the room.Most Read from BloombergTrump Vows 25% Tariff on European Autos in Escalating Trade RiftTrump Rues State of Iran Talks, Says Prefers Not to StrikeSpirit Bailout Talks Said to Have Ended With Closure LoomingTrump Family-Backed Drone Firm Signs Weapons Deal With USWorld’s Largest Container Carrier Plans Route Avoiding HormuzIn his first few minutes addressing Berkshire Hathaway Inc. shareholders on Saturday — the first a

The stock market rebounded late last week after a short pause. The S&P 500 and Nasdaq are at highs while Apple and Broadcom are in buy zones.

Microsoft’s updated analyst models now point to a fair value price target of $561.93, trimmed from $579.57 as assumptions across the forecast period are refreshed. That shift sits within a broader split in analyst views, with some firms cutting targets and flagging execution risk around AI spending, while others keep leaning into Microsoft’s AI and OpenAI exposure as a long term driver. As you read on, you will see how this evolving narrative might shape the way you track the stock from...

Abel was asked about how he balances his time between operations and investments. He didn't give a direct answer but noted that a big chunk of Berkshire's nearly $300 billion equities portfolio requires "limited" management.

We just covered Billionaire Tom Steyer’s 10 Stock Picks with Huge Upside Potential and Microsoft Corporation (NASDAQ:MSFT) ranks 10th on this list. Microsoft Corporation (NASDAQ:MSFT) is a long-term stock pick of Tom Steyer. His fund first disclosed a stake in the company back in the fourth quarter of 2010. Back then, this position comprised just under […]

Nvidia (NASDAQ:NVDA) led the first wave of AI enthusiasm with its powerful GPUs. Investors piled in as data centers raced to secure chips that could train and run ever-larger models. Yet as AI expands, the opportunity spreads beyond GPUs into unexpected corners of the stack. Memory — long viewed as a cyclical commodity prone to ... The Shocking Similarity Between Micron and Nvidia as AI Turns Memory Into a Goldmine

USA Today (NYSE:TDAY) reported what management described as its strongest start to the year in several years, citing improving revenue trends, rising digital contribution, and sharply higher profitability in the first quarter of 2026. Chairman and CEO Mike Reed said the company is “nearing” several

Abel called on Buffett, who is sitting with other directors. Buffett then noted two anniversaries: the one-year anniversary of his decision to step down as CEO and the 10-year anniversary of Berkshire's investment in Apple stock. Buffett said Abel is "doing everything that I did and then some."

Berkshire Hathaway's cash hoard climbed to a record high, while operating earnings surged in the conglomerate's first quarter without Warren Buffett as CEO.

Amplify CWP Growth & Income ETF (NYSEARCA:QDVO) sits in an awkward niche: it pays a monthly distribution funded partly by call-option premiums, yet the portfolio underneath is essentially a mega-cap technology growth fund. That combination has produced a 32% total return over the past year alongside steady monthly checks. The question for income investors is ... QDVO’s 32% Return Masks a Hidden Risk for Income Investors

Both neocloud leaders stand to benefit from rising demand for AI computing power.

The giant industrial companies of the past were eventually broken up—but it wasn’t easy. The next target: the tech giants.

China’s Supreme People’s Court is reviewing a high profile patent dispute involving Microsoft’s user interface technology. The case follows multiple unsuccessful attempts by Microsoft to invalidate the patent at lower courts. The outcome could affect Windows and Surface products in China and influence how software and interface patents are treated for global tech firms. Chinese IP authorities have highlighted the case for its legal significance, drawing both domestic and international...

We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Corning Incorporated (NYSE:GLW) is one of the stocks discussed by Jim Cramer. Glass manufacturer Corning Incorporated (NYSE:GLW) is one of Jim Cramer’s favorite data center stocks, as he believes that the firm’s aim to replace copper with glass […]

Shares of technology giant Microsoft (NASDAQ:MSFT) fell 4% in the afternoon session after investors reacted to its massive spending on artificial intelligence, which overshadowed an otherwise strong first-quarter earnings report.

(Bloomberg) -- The Pentagon has struck agreements with more technology companies for expanded use of advanced artificial intelligence tools on classified military networks, according to a Defense Department statement and two defense officials briefed on the matter.Most Read from BloombergTrump Vows 25% Tariff on European Autos in Escalating Trade RiftTrump Rues State of Iran Talks, Says Prefers Not to StrikeSpirit Bailout Talks Said to Have Ended With Closure LoomingTrump Family-Backed Drone Fir

One of these tech giants posted accelerating growth and expanding margins -- and didn't need to commit hundreds of billions to AI infrastructure to do it.

Apple's stellar Q2 report added strategic significance to its strong performance.

REVIEW PREVIEW NEWSLETTER A Software Revival. For long stretches of the last decade, tech stocks drove much of the market’s gains. The AI boom supercharged that trend, until it didn’t. Early in 2026, in fact, tech was the market’s kryptonite, with once-hot software companies largely to blame for the trouble.

Combining the actual results for the 6 Magnificent 7 members that have reported already with estimates for Nvidia, total Q1 earnings for the group are expected to be up +45.7% from the same period last year on +24.6% higher revenues.

Average car prices have been rising since the pandemic and tariffs. Now the availability of low-cost new cars hangs in the balance as the United States, Mexico, Canada trade deal talks begin.

At TechCrunch's sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: in a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also bound to sell?

Record quarterly profits, upbeat guidance, and an enormous buyback are reshaping the risk–reward profile for investors, today, May 1, 2026.

STORY: U.S. stocks ended mostly higher on Friday, with the Dow the only outlier, dipping about three-tenths of a percent, while the S&P 500 gained about three-tenths of a percent and the Nasdaq climbed nine-tenths of a percent.Both the S&P 500 and the Nasdaq logged their sixth consecutive week of gains, their longest weekly winning stretches since October of 2024.It was a big week for corporate earnings, with five of the Magnificent Seven megacaps reporting.Among them, Apple climbed more than 3% on Friday, a day after the tech giant provided a solid sales forecast, touting strong demand for its flagship iPhone 17 and the MacBook Neo.Analysts now see overall first-quarter earnings growth of nearly 28% year-over-year, according to LSEG I/B/E/S Estimates.That's an 11.7 percentage point increase from where the estimate stood a week ago, and marks the biggest earnings growth since the fourth quarter of 2021.Melissa Brown is managing director of investment decision research at SimCorp."I think we're just seeing the continuation of this AI trade and maybe the complete ignoring of some of the other red flags that are out there - higher oil prices leading to higher inflation, you know, many other things that might give investors pause. But we're coming through a good earning season, particularly for some of these tech companies, and investors are, I guess, saying it's still time to buy there."Among other movers, shares of Atlassian surged more than 29% after the enterprise software firm hiked its forecast. Peers Salesforce and ServiceNow also gained.Shares of Reddit jumped 13% after the social media site gave an upbeat quarterly revenue forecast.On the flip side, shares of Roblox tumbled more than 18% after the online game platform cut its annual bookings forecast.