Greg Abel as Berkshire’s earnings fall: ‘Warren is clearly a very difficult act to follow’ – Apple (NASDAQ:AAPL), American Express (NYSE:AXP)

Berkshire Hathaway Inc. (NYSE:BRK) unveiled a leadership transition plan as Gregory E. Abel steps into the role of CEO and promises to maintain the conglomerate’s long-standing culture and capital discipline. “Warren is obviously a very difficult act to follow,” says Abel wrote in the company’s annual report. Revenue snapshot Fourth quarter operating income was $10.2 […]

Berkshire Hathaway misses projections as Abel takes over, operating profit down nearly 25% – Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL)

On Saturday, Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) reported results for the fourth quarter and full year of 2025 showing that net income attributable to shareholders fell from $88,995 million in 2024 to $66,968 million for the year. The release came amid investor focus on the new CEO Greg Abel‘s first letter and what a post-Warren […]

Musk on Apple’s hiring tactics, record iPhone quarter, Tim Cook’s successor and more: This week in Appleverse – Apple (NASDAQ:AAPL), Qualcomm (NASDAQ:QCOM)

The week was full of news. Here’s an overview of the top Apple Inc. (NASDAQ:AAPL) stories you may have missed. Musk: Apple ‘carpet bombed’ Tesla engineers with recruitment calls Elon Musk, CEO of Tesla Inc. (NASDAQ: TSLA)revealed that Apple aggressively pursued Tesla engineers with incessant hiring calls and lucrative pay offers during Apple’s abandoned electric […]

Apple, Google tokens on NYSE? Exchange Says It’s Planning a Tokenized Securities Platform: This Billionaire Labels Crypto ‘Bullish’ – Apple (NASDAQ:AAPL)

The New York Stock Exchangea subsidiary of Intercontinental Exchange, Inc. (NYSE:ICE)said Monday it is developing a platform for trading and on-chain settlement of tokenized securities. A game changer? The exchange said in a press release that it would seek regulatory approval for the new digital platform. This platform aims to power tokenized trading experiences by […]

S&P 500 Reaches New All-Time Highs, Alphabet Dethrones Apple – Alphabet (NASDAQ:GOOG)

The S&P500 pushed to new record highs in afternoon trading on Wednesday, extending a three-day rally and setting expectations for a fourth straight gain. • Alphabet stocks are moving into positive territory. Why Are GOOG Stocks Rising? By midday, the benchmark index in New York was hovering around 6,963.30, up 0.3%. The Nasdaq100 performed better, […]

Consumer Tech News (Dec 15-19): Meta Accelerates AI Wearables Push, Trump Unveils US Air Taxi Strategy, US Drops Tech Deal with UK and More – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

White House AI and Crypto Czar David Zaks has rejected the narrative that artificial intelligence is a threat to the American workforce, citing new data from Vanguard that suggests the technology is currently a major driver of hiring and wage increases. The US Department of State approved an $11.15 billion arms sale to Taiwan, the […]

Japanese app law, eight new iPhones, foldable iPhone design and more: This week in Appleverse – Apple (NASDAQ:AAPL)

The week has been a rollercoaster ride for the tech giant Apple Inc. (NASDAQ:AAPL). Here’s a quick summary of the top stories that made headlines. Visa delays threaten talent mobility Apple warned employees with visas about the potential risks of traveling abroad due to significant delays in visa appointments at US embassies. The delays could […]

Mike Repole Says ‘I Spend More Time Talking People Not to Be an Entrepreneur,’ Warns of Daily Bankruptcy Risks in First Five ‘Years of Survival’ – Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG)

Liquor magnate Mike Repolewho sold Glaceau and BodyArmor to Coca Cola Co. (NYSE:KO) for nearly $10 billion, warns that entrepreneurship is much riskier than most success stories suggest. Repole warnings against startup risks Repole, 56, said in an interview with the School of Hard Knocks, a social media channel featuring successful entrepreneurs, that he often […]

Bernie Sanders says humanity’s ‘greatest challenge’ is ensuring AI improves lives and doesn’t enrich billionaires like Elon Musk and Jeff Bezos – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

On Sunday, Sen. said Bernie Sanders (I-Vt.) said artificial intelligence and robotics could become dangerous if they only benefit big tech companies. Sanders warns that AI could concentrate power among tech giants The Vermont senator took over X and said “the greatest challenge” facing humanity is ensuring that AI and robotics are developed to improve […]