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How Investors May Respond To Berkshire Hathaway (BRK.A) Portfolio Overhaul Under New CEO Greg Abel
Simply Wall St.77d agoneutral
How Investors May Respond To Berkshire Hathaway (BRK.A) Portfolio Overhaul Under New CEO Greg Abel

Berkshire Hathaway’s board has updated its by-laws and, under new CEO Greg Abel, reshaped the equity portfolio by exiting long-held positions such as Visa, Mastercard, UnitedHealth, and Amazon while adding or expanding stakes in Alphabet, Delta Air Lines, and Macy’s. These moves, alongside the departure of portfolio manager Todd Combs, highlight a refreshed capital allocation approach that still preserves Berkshire’s core long-term holdings and culture. We’ll now examine how this major...

Delta Bets On Amazon Leo Wi Fi As Valuation Signals Draw Attention
Simply Wall St.77d agoneutral
Delta Bets On Amazon Leo Wi Fi As Valuation Signals Draw Attention

Delta Air Lines selected Amazon Leo as its in-flight Wi-Fi provider instead of SpaceX's Starlink. CEO Ed Bastian publicly backed the decision after Elon Musk criticized the move. The Amazon partnership focuses on cost-effective, feature-rich connectivity to support in-flight services and loyalty programs. For investors watching NYSE:DAL, this decision sits alongside a share price of $74.12 and a value score of 4. The stock has delivered a 7.3% return year to date and is up 55.4% over the...

Stocks Finish Sharply Higher on Iran Hopes
Barchart78d agoneutral
Stocks Finish Sharply Higher on Iran Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. June E-mini S&P futures (ESM26 ) rose +0.96%, and June E-mini Nasdaq futures...

Another airline cancels flights until August, travelers to get refunds
TheStreet78d agoneutral
Another airline cancels flights until August, travelers to get refunds

Between the price of jet fuel and the ongoing security situation set off by the war in Iran, international airlines keep pushing back the restart of their flights into Dubai, Doha, and other cities across the Middle East. Airlines such as Lufthansa and KLM both confirmed that they will not restart ...

Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans
Simply Wall St.79d agoneutral
Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans

Joby Aviation (NYSE:JOBY) has begun maiden flights of its FAA conforming aircraft as it prepares for commercial air taxi services. The company is progressing under the FAA's eVTOL Integration Pilot Program, marking a shift from development toward operational readiness. Partnerships with Uber and Delta Airlines are part of Joby's plan to build out future air taxi networks and customer access. Joby Aviation, listed as NYSE:JOBY, focuses on electric vertical takeoff and landing aircraft aimed...

Stocks Settle Lower on Rising Bond Yields
Barchart79d agoneutral
Stocks Settle Lower on Rising Bond Yields

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.67%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.61%. June E-mini S&P futures (ESM26 ) fell -0.70%, and June E-mini Nasdaq futures...

CEO Greg Abel Takes Up Berkshire’s Passion for Airlines
The Wall Street Journal79d agoneutral
CEO Greg Abel Takes Up Berkshire’s Passion for Airlines

$2.6 Billion That's the size of the new stake Berkshire Hathaway took in Delta Air Lines in the first quarter. Warren Buffett had a tortured relationship with airline investments as the conglomerate’s longtime chief executive.

Berkshire’s New Delta Stake Highlights Premium And Loyalty Focus Risks
Simply Wall St.79d agoneutral
Berkshire’s New Delta Stake Highlights Premium And Loyalty Focus Risks

Berkshire Hathaway has acquired about 39.8 million shares of Delta Air Lines (NYSE:DAL) in Q1 2026. The investment represents a US$2.65b position and marks Berkshire’s first major airline stake since its 2020 sector exit. The move comes under new CEO Greg Abel and follows Warren Buffett’s earlier caution toward airline stocks. For investors watching NYSE:DAL, Berkshire’s return puts a spotlight on Delta’s focus on premium cabins, corporate travel, and loyalty-driven revenue. The company...

Berkshire Hathaway Overhauls Portfolio Under Greg Abel As Valuation Signals Undervaluation
Simply Wall St.79d agoneutral
Berkshire Hathaway Overhauls Portfolio Under Greg Abel As Valuation Signals Undervaluation

Berkshire Hathaway (NYSE:BRK.A) is undergoing a major 2026 portfolio overhaul under new CEO Greg Abel. The company is exiting long-held positions in Amazon, Visa, Mastercard, and UnitedHealth. Berkshire is re entering the airline sector with a large stake in Delta Air Lines. The company has lifted its Alphabet position by 225% while cutting the total number of holdings and continuing buybacks. Berkshire Hathaway is best known for its broad mix of operating businesses and large listed equity...

Rising Bond Yields Weigh on Stocks
Barchart79d agoneutral
Rising Bond Yields Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.68%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.95%. June E-mini S&P futures (ESM26 ) are down -0.75%, and June E-mini Nasdaq futures...