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By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger while outlining the expanded roles of the executives who are designated to eventually succeed him in leading the company. The meeting is the 60th…
Warren Buffett: Ahead of the meeting, Berkshire reported first-quarter earnings that showed that its cash pile swelled to $189 billion as of March 31 while the size of its stake in Apple fell. Based on changes in Apple's stock price, Berkshire appeared to have sold 13% of its Apple shares in the quarter.
Berkshire Hathaway's profits plunge 64% even as thousands gather to soak up Buffett's wisdom
Warren Buffett has come face to face with the downside of AI. And it looks just like him. The billionaire investing guru told tens of thousands of shareholders at his
Berkshire Hathaway, the conglomerate led by Warren Buffett, will fight all lawsuits brought against its utility business due to wildfires as the cases are "unfounded," a top executive said on Saturday. Greg Abel, who is widely recognised as Buffett's successor and the future Berkshire chief executive, said at Berkshire's annual shareholding meeting that "all the litigation will be challenged" in relation to PacifiCorp [PPWLO.PK].