Howard Hughes Holdings has a market capitalization of $3.4 billion, compared with Berkshire Hathaway's market cap of about $1.2 trillion.
Investors are processing Warren Buffett's surprise announcement to step down and envision a new path for the conglomerate after his legendary 60-year run.
Berkshire Hathaway said Warren Buffett will remain chairman when his successor Greg Abel, becomes president and CEO on Jan. 1, 2026.
BRK.B's first-quarter results reflect lower earnings in insurance-underwriting, manufacturing, service and retailing businesses and other and escalating expenses.

Warren Buffett passes the torch

07:47am, Monday, 05'th May 2025
CNBC's 'Squawk Box' crew discusses the news of the day.
Bill Ackman is moving forward with plans to build a modern-day Berkshire Hathaway just as Warren Buffett prepares to step down from the company he took over and built into a $1.16 trillion investment
The company said the board approved the Jan. 1 appointment of Greg Abel as chief executive.

Buffett Passes The Torch At Berkshire Hathaway

07:30am, Monday, 05'th May 2025
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Berkshire Hathaway: Passing The Baton

07:30am, Monday, 05'th May 2025
Warren Buffett announced his retirement, passing CEO responsibilities to Greg Abel, who will also handle capital allocation, ensuring a smooth transition. Despite the stock not being undervalued, Berk
Cathy Seifert, CFRA Research vice president, joins 'Squawk Box' to discuss news of Berkshire Hathaway CEO Warren Buffett passing the torch, what to impact from Greg Abel, and more.
Greg Abel will take over as chief executive of Berkshire Hathaway Inc (NYSE:BRK.A) at the start of next year, following a unanimous vote by the company's board. The decision marks the beginning of a
CNBC's Becky Quick reports on the latest news.
Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
Warren Buffett shares his insights on market volatility, trade and U.S. deficit. Discover ETF strategies inspired by his wisdom to navigate today's economic landscape and build long-term wealth.
The Berkshire Hathaway CEO had some choice words for investors before announcing he was stepping down after six decades.
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