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Berkshire Hathaway shareholders gathered Saturday in Omaha, Nebraska for the first annual meeting without legendary founder Warren Buffett on the stage.
Greg Abel became Berkshire Hathaway CEO in January 2026, earlier than investors expected.
KEY POINTS
- Berkshire Hathaway's first-quarter profit doubled to $10.1 billion from $4.6 billion last year.
- The conglomerate's cash pile reached a record $397.4 billion at the end of Q1.
- Berkshire recorded a $5.8 billion gain from stock sales during the first quarter.
- A $249 million profit from foreign currency holdings replaced last year's $713 million currency loss.
COMPANIES
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