Warren Buffett to step down as Berkshire Hathaway CEO after 6 decades
OMAHA, Neb. (WOWT) – Next week Warren Buffett steps down as CEO of Berkshire Hathaway, a role he’s held for six decades. He dropped the retirement bombshell this spring at the annual shareholders meeting.
While Greg Abel will take over operations on Jan. 1 and lead next year’s shareholders meeting, Buffett has said he will still come to the office.
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Read MoreWarren Buffett's company took Kraft Heinz off its subsidiary list weeks before board exit and $5 billion writedown
Warren Buffett’s Berkshire Hathaway removed Kraft Heinz from the list of operating companies on its website earlier this year, weeks before writing down its investment in the food and beverage giant and leaving its board of directors.
The famed investor‘s conglomerate took Kraft off its subsidiaries page in April,
Read More7 Rising Stars who took Wall Street by storm after starting their careers in sports, science, and engineering
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This fall, Business Insider announced its 2025 class of Rising Stars of Wall Street.
Nvidia vs Alphabet: Which Stock Will Outperform in 2026?
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Nvidia and Alphabet are set to be the top-performing “Magnificent Seven” stocks in 2025.
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Nvidia is expected to continue seeing strong growth in 2026 as AI infrastructure spending continues to ramp up.
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The network effect of Apple’s vertical AI model should really start to shine through next year.
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Read MoreEos Energy Enterprises Options Trading: A Deep Dive into Market Sentiment
Having examined the options trading patterns of Eos Energy Enterprises, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance …
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Read MoreThe Burst
Will This Titan Be The Biggest Winner of the AI Revolution?
For decades, Oracle was considered something of a tech stalwart, respected, reliable, and, frankly, a little boring. Known for its dominance in database management, Oracle’s steady performance made it a favorite among conservative investors, but rarely the centerpiece of high-growth conversations.
That’s changing, and fast. Thanks to a massive shift in enterprise computing driven by artificial intelligence Oracle is no longer just a database company.
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Read MoreThe Ivy
Buffett’s $19 Billion Oil Bet Looks Like a Fortress
It’s the rare oil major that seems built to outlast cycles, keep the dividend flowing, and, as Warren Buffett clearly believes, keep getting stronger.
The yield is about 4.4%, nearly four times what the S&P 500 pays and on paper that looks tempting, but high yields in energy can be a trap. The difference here is Chevron’s payout isn’t balanced on a knife’s edge.
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Read MoreThe Spotlight
1 High Energy Drink To Buy on the Dip?
Celsius Holdings (NASDAQ:CELH) is the maker of a line of energy drinks that has skyrocketed in popularity in recent years.
Once virtually unknown, Celsius has used social media marketing and celebrity influencer deals to rapidly build its brand awareness.
Although the product itself has been quite successful, the stock’s performance hasn’t matched it.