Business

Berkshire Hathaway's New CEO Strategy

Updated 2026-08-09 12:25 UTC 1 source Neutral

Greg Abel, the new CEO of Berkshire Hathaway, has initiated significant financial activities. CNBC reports that he spent $4.5 billion on buybacks in his second quarter.

Coverage timeline — 2 articles
CNBC
In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel did some serious spending, including $4.5 billion on buybacks.
2026-08-09 12:00 UTC
CNBC
Investors are closely monitoring earnings releases of AI companies amid concerns about the durability of high spending and demand.
2026-08-09 12:01 UTC
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