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newsMar 28, 20261:37

Berkshire Hathaway Dips, Abel Takes Helm

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Berkshire Hathaway stock experiences a seven-day losing streak, with shares down over 3.33%, marking the lowest close since May 2021. Greg Abel takes over as CEO, while Warren Buffett remains chairman. Higher oil prices and economic uncertainties impact Berkshires diverse portfolio, particularly BNSF Railway. Fourth-quarter earnings drop 30% YoY to $10.2 billion, with full-year operating earnings falling 6% to $44.5 billion. Insurance underwriting profits plunge 54%. Despite the slump, Berkshire holds a substantial cash pile of $373.3 billion. Abel resumes share buybacks, investing $15.3 million of his own money. Shareholders await Abels leadership, questioning if the dip indicates genuine earnings issues or merely a market shift.

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Berkshire Hathaway Dips, Abel Takes Helm

Durham News Today | 2 Min News | The Daily News Now!

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Durham News Today | 2 Min News | The Daily News Now!Berkshire Hathaway Dips, Abel Takes Helm. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Berkshire Hathaway stock dipped 0.11% to close at $475.66 on March 26, then marked the seventh straight losing session, with shares down more than 3.33% over the stretch, lagging behind the S&P500, this slide hits right as Greg Able's steps in as CEO at the start of 2026, while Warren Buffett stays on as chairman. Higher oil prices in economic jitters are squeezing Berkshire's mix of consumer goods, manufacturing, and freight rail, like BNSF, where diesel costs eat into margins fast. Investors got spooked by the fourth quarter 2025 earnings, which dropped 30% year over year to $10.2 billion. Full year operating earnings fell 6% to $44.5 billion, hit hard by insurance underwriting profits plunging 54%. On the bright side, Berkshire sits on a huge cash pile of $373.3 billion in cash, equivalence,

and treasury bills. Able kicked off share buybacks again on March 4, the first since May 2024, and dropped $15.3 million of his own. Money into the stock, pledging his full after-tack salary each year. These moves scream confidence that the price is below intrinsic value even amid the streak. As Able settles in, share Hota's eye whether this dip signals real earnings trouble or just a market shift away from Berkshire's steady conglomerate. 5. I'm Cory with the story that's your Durham News Today update, AI powered and always on.

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