Greg Abel speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Berkshire Hathaway said Thursday it has resumed repurchasing its own shares for the first time since 2024 and separately new CEO Greg Abel purchased $15 million worth of stock himself, an amount equal to his after-tax annual…
Broadcom on Wednesday delivered a solid quarterly results while painting an increasingly upbeat picture around the future of its custom AI chip business. The report showed that despite fading enthusiasm for Broadcom’s stock, its most important business still has the wind at its back. Revenue in the fiscal first quarter of 2026, which ended Feb….
Pete Hegseth, US secretary of defense, arrives for a medal of honor ceremony in the East Room of the White House in Washington, DC, US, on Monday, March 2, 2026. Jim Lo Scalzo | EPA | Bloomberg | Getty Images A tech industry group, whose members include Nvidia, Google and Anthropic, sent a letter to…
A man walks past in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) at the Korea Exchange in Seoul on March 3, 2026. Jung Yeon-je | Afp | Getty Images South Korean stocks quickly fell from grace following the U.S. and Israeli strikes on Iran. But Wall Street doesn’t see that…
Anthropic’s Claude artificial intelligence models had “elevated errors” on Monday, as the app held its spot as the most popular free app on Apple‘s App Store. Claude’s status website showed “degraded performance” on Claude Opus 4.6, its latest model released last month. In an update at 10:49 a.m. ET, the site stated that the Opus…
Apple introduces iPhone 17e Source: Apple Inc. Apple opened its week of product launches on Monday morning with a refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push. The headline device is the new iPhone 17e, a budget model in the iPhone 17 lineup…
The Honor Robot Phone features a camera that pops out of the main body of the device. Honor Honor on Sunday showed off the capabilities of its Robot Phone as the Chinese electronics firm looks to stand out from some of its bigger rivals like Samsung and Apple. The company, which spun off from Huawei…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Abel: Berkshire’s culture and values ‘remain unchanged and will continue into perpetuity’ In his first letter to Berkshire Hathaway shareholders, new CEO Greg Abel…
Intrinsic CEO Wendy Tan White has led the company to graduate out of Alphabet’s “Moonshot” factory X. Intrinsic Google became a powerhouse in smartphones by creating the Android operating system and partnering with handset makers in need of an answer to Apple’s iPhone. Now the search giant has a similar plan for tackling robotics. Earlier…
The giddy days of free cloud storage enticed many to upload photos, documents, and other virtual mementos without a thought about all the space it was taking up. Those days, however, are now in the past for many Americans as people find themselves having to shell out increasing monthly amounts to maintain access to their virtual valuables….
