CEO Greg Abel Starts Making His Mark at Berkshire
2 sources·Updated August 9, 2026
Covered by 2 sources
- Inc Magazine·2h agoBerkshire Hathaway’s Rare Spending Spree Turns Heads on Wall Street
A strong earnings report reveals that new CEO Greg Abel dipped into Warren Buffett’s $380 billion cash reserve to buy back stock, boost Berkshire’s stake in Alphabet, and pursue one of its biggest acquisitions in years. One weak spot: GEICO.
Read at Inc Magazine → - Bloomberg Markets·18h agoCEO Greg Abel Starts Making His Mark at Berkshire
Berkshire Hathaway stepped up spending under CEO Greg Abel, repurchasing about $4.5 billion of its shares while deploying billions more into investments. Bloomberg Intelligence and Senior P&C Insurance Equity Analyst Matthew Palazola is on Bloomberg This Weekend explaining to…
Read at Bloomberg Markets →
