Robert Way/iStock Editorial via Getty Images Nvidia: Has Jensen Huang really lost his magic? Nvidia ( NVDA ) delivered, and the market wasn't impressed. Now it seems like even good results are no longer enough because the company, I guess, is no longer just printing $60 billion in revenue. Remember that was FY2024. Earlier this year for FY2026, that revenue had gone up to $216 billion, more than 3...
Robert Way/iStock Editorial via Getty Images Nvidia: Has Jensen Huang really lost his magic? Nvidia ( NVDA ) delivered, and the market wasn't impressed. Now it seems like even good results are no longer enough because the company, I guess, is no longer just printing $60 billion in revenue. Remember that was FY2024. Earlier this year for FY2026, that revenue had gone up to $216 billion, more than 3.5x what they did in FY2024. I guess you could say that the market has now baked in very high expectations on what Nvidia could show us. Back in March, I highlighted why, when Jensen Huang unveiled the $1 trillion plus revenue opportunity at the Spring GTC, it should have been a blockbuster, but the market was discernibly not that impressed. Yet I thought it showcased how brilliant Nvidia is in capturing burgeoning market optionalities. It was able to quickly integrate Groq into its tech stack, intensifying its ability to innovate quickly when the market calls for it. And not lose the initiative to other companies that are thinking of penetrating its much vaunted AI market share leadership. Despite that, the market appears surprisingly not too convinced about Nvidia's prospects. The fact that it has continued to underperform its semiconductor peers since August last year. Q1 was definitely an important guidepost on how the market feels about its forward outlook. Which is why I think everyone was looking forward to the Vera CPU opportunity potentially reigniting the flames that once enraptured investors every time Jensen Huang and his team were ready to report their quarterly results. Even with the TAM expansion for the Vera CPUs , it also goes to show Nvidia will not be the leader in that aspect. Then again the $20 billion revenue opportunity is not small. It is actually quite significant. When you think about the TAM through the rest of the decade reaching $200 billion, that's about just 10%. Even when we have to annualize it over time, Nvidia could grow to be a big player...
Maria Elena Vizcaino and Zijia Song discuss the fresh wave of political risk rippling across emerging markets, how they’re affecting financial assets and how investors are positioning for the resurgent jitters.
Maria Elena Vizcaino and Zijia Song discuss the fresh wave of political risk rippling across emerging markets, how they’re affecting financial assets and how investors are positioning for the resurgent jitters.
In the spirit of Memorial Day weekend travels, I would like to take you through my investing week. It has been one chock-full of traffic, but also important clues on markets and the economy. About that Walmart quarter Walmart (WMT) reported an in-line first quarter, coupled with a slight second quarter warning. But that’s not going to cut it for a stock that’s up 131% over the past five years. At ...
In the spirit of Memorial Day weekend travels, I would like to take you through my investing week. It has been one chock-full of traffic, but also important clues on markets and the economy. About that Walmart quarter Walmart (WMT) reported an in-line first quarter, coupled with a slight second quarter warning. But that’s not going to cut it for a stock that’s up 131% over the past five years. At a forward price-to-earnings ratio of 31 times, Walmart is valued as a growth stock — and growth looks to be slowing. Some notes: I still don’t buy that the US consumer is just fine despite $4-plus gas prices and rekindling inflation. Walmart’s quarter and outlook showed some consumer stress, full stop. I thank Walmart CFO John David Rainey for keeping it real with me in a live interview on our network. “Second quarter has started pretty much how the first quarter ended,” he said. “We continue to combat high fuel prices and what is maybe a little bit of a choppy consumer environment.” On a positive note, Target (TGT) definitely isn’t stealing market share from Walmart. So don’t think Target’s better first quarter results that the company shared on Wednesday are indicative of a turnaround at the expense of Walmart. If anything, I would be mildly worried that both retailers sounded cautious about the back half of the year. Nvidia! Nvidia’s stock declined this past week after a big quarter and outlook. First of all, why is the stock meh? It’s because Nvidia’s top-line growth rate is slowing down. Jensen can hype artificial intelligence on his earnings calls and hundreds of post-earnings TV interviews. We know AI is going to be hot for the next 10 years. What we don’t know — or appreciate yet — is how fast Nvidia’s growth rates will cool down because it’s getting so big. The optics matter. Second, speaking of optics, Nvidia has been pushed this year by Wall Street to increase its stock buyback program and raise its dividend. It was really sucking on both fronts. It moved to addr...
Robert Way/iStock Editorial via Getty Images Nvidia: Has Jensen Huang really lost his magic? Nvidia ( NVDA ) delivered, and the market wasn't impressed. Now it seems like even good results are no longer enough because the company, I guess, is no longer just printing $60 billion in revenue. Remember that was FY2024. Earlier this year for FY2026, that revenue had gone up to $216 billion, more than 3...
Robert Way/iStock Editorial via Getty Images Nvidia: Has Jensen Huang really lost his magic? Nvidia ( NVDA ) delivered, and the market wasn't impressed. Now it seems like even good results are no longer enough because the company, I guess, is no longer just printing $60 billion in revenue. Remember that was FY2024. Earlier this year for FY2026, that revenue had gone up to $216 billion, more than 3.5x what they did in FY2024. I guess you could say that the market has now baked in very high expectations on what Nvidia could show us. Back in March, I highlighted why, when Jensen Huang unveiled the $1 trillion plus revenue opportunity at the Spring GTC, it should have been a blockbuster, but the market was discernibly not that impressed. Yet I thought it showcased how brilliant Nvidia is in capturing burgeoning market optionalities. It was able to quickly integrate Groq into its tech stack, intensifying its ability to innovate quickly when the market calls for it. And not lose the initiative to other companies that are thinking of penetrating its much vaunted AI market share leadership. Despite that, the market appears surprisingly not too convinced about Nvidia's prospects. The fact that it has continued to underperform its semiconductor peers since August last year. Q1 was definitely an important guidepost on how the market feels about its forward outlook. Which is why I think everyone was looking forward to the Vera CPU opportunity potentially reigniting the flames that once enraptured investors every time Jensen Huang and his team were ready to report their quarterly results. Even with the TAM expansion for the Vera CPUs , it also goes to show Nvidia will not be the leader in that aspect. Then again the $20 billion revenue opportunity is not small. It is actually quite significant. When you think about the TAM through the rest of the decade reaching $200 billion, that's about just 10%. Even when we have to annualize it over time, Nvidia could grow to be a big player...
Investors in emerging markets are getting slammed by a fresh wave of political turmoil that is derailing bets from Latin America to Eastern Europe. With just weeks to go until key presidential votes, markets in Colombia and Peru are selling off as traders recalculate odds of left-wing candidates prevailing. Bolivian bonds have tumbled as street protests against the government threaten supplies of ...
Investors in emerging markets are getting slammed by a fresh wave of political turmoil that is derailing bets from Latin America to Eastern Europe. With just weeks to go until key presidential votes, markets in Colombia and Peru are selling off as traders recalculate odds of left-wing candidates prevailing. Bolivian bonds have tumbled as street protests against the government threaten supplies of food and medicine to the nation’s capital. In Turkey, markets tanked after a court removed the leader of the country’s main opposition party. The episodes are a fresh reminder of underlying risks that still plague the asset class, which has delivered strong returns for investors in the past year — even as tensions in the Middle East rattled global markets. “Political risk manifests itself when the macro is under pressure, and in an environment where all the prices are going up, especially in oil-importing economies and poor countries the issues flare up, they come to the fore more vividly,” said Francesc Balcells , chief investment officer at FIM Partners, whose firm oversees $5 billion. “I wouldn’t be surprised if we see more of that going forward.” In Latin America, some of the best rallies in the developing world are fading as investors dial back exposure. The region’s markets had been on a roll this year, buffeted by a relative insulation from the war on Iran and by being home to countries that benefit from higher crude prices . Read More: Oil-Rich Latin America Lures Traders Navigating War Jitters Hopes that market-friendly candidates would prevail in upcoming elections had also helped fuel gains. But in the lead up to the votes in Colombia and Peru, firms including PPM America, JPMorgan Asset Management and Allianz Global Investors say inconsistent polling and wild-card candidates have muddied the scenario. In Brazil, President Luiz Inacio Lula da Silva reclaimed the lead in voter intentions with his main rival ensnared in a corruption scandal. “It’s difficult to read...
Navitas Semiconductor (NASDAQ: NVTS) is attracting intense investor attention as its "Navitas 2.0" strategy pushes the company toward AI data centers, industrial power, EVs, and energy storage. The upside story is compelling, but after a massive rally, the stock now needs consistent execution to prove the transition is real. *Stock prices used were the market prices of May 15, 2026. The video was ...
Navitas Semiconductor (NASDAQ: NVTS) is attracting intense investor attention as its "Navitas 2.0" strategy pushes the company toward AI data centers, industrial power, EVs, and energy storage. The upside story is compelling, but after a massive rally, the stock now needs consistent execution to prove the transition is real. *Stock prices used were the market prices of May 15, 2026. The video was published on May 21, 2026. Continue reading
If you're looking for advice on the best age to claim Social Security retirement benefits, you're bound to come across conflicting opinions. Some might say you should start benefits as soon as possible, some say you should wait until age 70, and others might strike some middle ground. The truth is, there's no one-size-fits-all prescription for the best age to claim Social Security. Many academic s...
If you're looking for advice on the best age to claim Social Security retirement benefits, you're bound to come across conflicting opinions. Some might say you should start benefits as soon as possible, some say you should wait until age 70, and others might strike some middle ground. The truth is, there's no one-size-fits-all prescription for the best age to claim Social Security. Many academic studies examining optimal claiming ages can rely on overly simplistic models and focus too heavily on a single factor (maximum lifetime benefits). That makes their findings interesting but impractical for most households. Social Security is but a single factor in many households' complex retirement finances. Subtle differences among retirees could have a big impact on when you should claim benefits. When you retire versus when you start benefits There's no rule that says you have to start Social Security as soon as you stop working. Some people wait years between the end of their career and the start of Social Security. On the flip side, many people keep working while collecting Social Security. That's an important consideration in determining when to start Social Security. If you're working while collecting benefits, there are some significant financial considerations. If you're younger than full retirement age, which is 66 or 67 depending on your birth year, you'll be subject to the Social Security earnings test. That could lower the amount you receive in benefits each year. Additionally, your income from work may make a portion of your Social Security benefits taxable, reducing the amount you take home. If you're waiting to start benefits until well after quitting work, you will need to have other sources of income, such as a pension or your own retirement savings. The amount you have saved for retirement and the accounts those savings are in are additional factors that could influence your optimal claiming age. Can you afford to wait (or afford not to wait)? If you plan ...
With its shares up 240% over the past 52 weeks, Intuitive Machines (LUNR +11.68%) has gone from a little-known space stock to one of the hottest stocks on the planet (or maybe off-planet). Enthusiasm surrounding the upcoming SpaceX initial public offering (IPO) is certainly one factor lifting Intuitive stock lately. It doesn't hurt that Intuitive is doing pretty well in its own right. Its most rec...
With its shares up 240% over the past 52 weeks, Intuitive Machines (LUNR +11.68%) has gone from a little-known space stock to one of the hottest stocks on the planet (or maybe off-planet). Enthusiasm surrounding the upcoming SpaceX initial public offering (IPO) is certainly one factor lifting Intuitive stock lately. It doesn't hurt that Intuitive is doing pretty well in its own right. Its most recent earnings report showed positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), revenue that nearly tripled year over year, and a huge book-to-bill ratio of 2.3 -- promising more strong revenue growth ahead. What's more, no sooner had earnings come out than Intuitive announced two more contract wins. Two contracts for Intuitive Machines Valued at $15.5 million and $4.5 million, respectively, both payable over three years of work, Intuitive Machines' new contracts will see it serve as prime contractor operating both NASA's Lunar Reconnaissance Orbiter Camera ("LROC") aboard the Lunar Reconnaissance Orbiter, and the ShadowCam camera aboard the Korea Pathfinder Lunar Orbiter. Intuitive Machines will use data generated by the two camera systems "to provide orbital and surface navigation services across government and commercial exploration," integrating millions of existing and new images to create high-resolution maps of the lunar surface. Unfortunately for the company's shareholders, while important for the future of exploration and infrastructure-building on the moon, neither of these contracts is going to have much impact on Intuitive Machines' share price. Expand NASDAQ : LUNR Intuitive Machines Today's Change ( 11.68 %) $ 4.00 Current Price $ 38.24 Key Data Points Market Cap $6.1B Day's Range $ 35.22 - $ 38.31 52wk Range $ 7.78 - $ 38.55 Volume 505.4K Avg Vol 13.8M Gross Margin 4.91 % What's important for Intuitive Machines stock When you get right down to it, only two things really matter for the stock now. The first is the Near Spa...
Key Points Intuitive Machines won two NASA contracts worth a combined $20 million last week. Intuitive's existing contracts for moon landings and for building an Earth-to-moon communications system are more important. 10 stocks we like better than Intuitive Machines › With its shares up 240% over the past 52 weeks, Intuitive Machines (NASDAQ: LUNR) has gone from a little-known space stock to one o...
Key Points Intuitive Machines won two NASA contracts worth a combined $20 million last week. Intuitive's existing contracts for moon landings and for building an Earth-to-moon communications system are more important. 10 stocks we like better than Intuitive Machines › With its shares up 240% over the past 52 weeks, Intuitive Machines (NASDAQ: LUNR) has gone from a little-known space stock to one of the hottest stocks on the planet (or maybe off-planet). Enthusiasm surrounding the upcoming SpaceX initial public offering (IPO) is certainly one factor lifting Intuitive stock lately. It doesn't hurt that Intuitive is doing pretty well in its own right. Its most recent earnings report showed positive adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization), revenue that nearly tripled year over year, and a huge book-to-bill ratio of 2.3 -- promising more strong revenue growth ahead. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What's more, no sooner had earnings come out than Intuitive announced two more contract wins. Two contracts for Intuitive Machines Valued at $15.5 million and $4.5 million, respectively, both payable over three years of work, Intuitive Machines' new contracts will see it serve as prime contractor operating both NASA's Lunar Reconnaissance Orbiter Camera ("LROC") aboard the Lunar Reconnaissance Orbiter, and the ShadowCam camera aboard the Korea Pathfinder Lunar Orbiter. Intuitive Machines will use data generated by the two camera systems "to provide orbital and surface navigation services across government and commercial exploration," integrating millions of existing and new images to create high-resolution maps of the lunar surface. Unfortunately for the company's shareholders, while important for the future of exploration and infrastructure-building o...
gorodenkoff Americans are feeling worse about the economy than at almost any point in modern history. Meanwhile, the stock market keeps charging higher as if none of that matters, The Wall Street Journal reported late Saturday. That unusual disconnect is raising fresh questions for investors about whether equities are dangerously detached from economic reality or whether markets are simply betting...
gorodenkoff Americans are feeling worse about the economy than at almost any point in modern history. Meanwhile, the stock market keeps charging higher as if none of that matters, The Wall Street Journal reported late Saturday. That unusual disconnect is raising fresh questions for investors about whether equities are dangerously detached from economic reality or whether markets are simply betting that consumers are too pessimistic. Data released Friday by the University of Michigan showed consumer sentiment dropping to the weakest reading in the survey’s roughly seven-decade history. The decline accelerated after the conflict involving Iran intensified earlier this year and energy prices climbed, adding to ongoing concerns about inflation and weakening labor conditions. The latest reading fell even below the depressed levels recorded in mid-2022, when inflation was surging at the fastest pace in decades. Joanne Hsu, who oversees the University of Michigan’s consumer surveys, said the deterioration reflects a combination of persistently high prices, softer employment conditions and geopolitical instability. In her view, the historically weak sentiment levels should not be especially surprising given the backdrop. Yet financial markets appear to be telling a completely different story. The S&P 500 ( SP500 ) extended its rally for an eighth straight week on Friday, while the Dow Jones Industrial Average ( DJI ) posted another record close. Investors continue pouring money into equities despite mounting evidence that households remain anxious about the economy. Valuations have also reached levels rarely seen outside historic bubbles. The S&P 500’s cyclically adjusted price-to-earnings ratio, commonly known as the Shiller P/E ratio, recently climbed above 40. According to long-term historical data compiled by Nobel Prize-winning economist Robert Shiller, the only other period when valuations reached comparable levels was around the peak of the dot-com boom in 2000. Back...
A unit of Neuberger Berman is in talks to sell a minority stake in Merritt Properties to Centerbridge Partners, valuing the business at about $3 billion including debt, the Financial Times reported on Sunday. Centerbridge has pulled ahead of several rival bidders to buy roughly a third of the business from Neuberger’s real estate investment offshoot Almanac Realty Investors , the newspaper said, c...
A unit of Neuberger Berman is in talks to sell a minority stake in Merritt Properties to Centerbridge Partners, valuing the business at about $3 billion including debt, the Financial Times reported on Sunday. Centerbridge has pulled ahead of several rival bidders to buy roughly a third of the business from Neuberger’s real estate investment offshoot Almanac Realty Investors , the newspaper said, citing people familiar with the matter. Neuberger declined to comment to the FT. Merritt and Centerbridge did not immediately respond to requests for comment, the newspaper said.
Mastercard: Sustaining Revenue Momentum Mastercard (MA 0.22%) primarily generates revenue by processing, clearing, and settling digital transactions through its platform, while also providing cybersecurity and digital identity solutions to financial institutions and merchants globally. It recently announced an acquisition agreement for stablecoin provider BVNK, and reported nearly 46% net income m...
Mastercard: Sustaining Revenue Momentum Mastercard (MA 0.22%) primarily generates revenue by processing, clearing, and settling digital transactions through its platform, while also providing cybersecurity and digital identity solutions to financial institutions and merchants globally. It recently announced an acquisition agreement for stablecoin provider BVNK, and reported nearly 46% net income margin for the quarter ended March 31, 2026. Visa: Maintaining a Larger Revenue Base Visa (V 0.68%) facilitates digital payments by operating VisaNet, a global transaction processing network that enables authorization, clearing, and settlement among consumers, merchants, and businesses. It authorized a new share buyback program while completing a regional acquisition in Argentina and reported net income of 54% for the quarter ended March 31, 2026. Why Revenue Matters for Retail Investors Revenue here refers to the data provider’s standardized income-statement revenue line item, which, for banks in this dataset, is defined as interest income plus non-interest income and is not net of interest expense, and tracking this figure is critical because it reveals the total money coming into a business before operating costs or taxes are subtracted. Quarterly Revenue for Mastercard and Visa Quarter (Period End) Mastercard Revenue Visa Revenue Q2 2024 (June 2024) $7.0 billion $8.9 billion Q3 2024 (Sept. 2024) $7.4 billion $9.6 billion Q4 2024 (Dec. 2024) $7.5 billion $9.5 billion Q1 2025 (March 2025) $7.3 billion $9.6 billion Q2 2025 (June 2025) $8.1 billion $10.2 billion Q3 2025 (Sept. 2025) $8.6 billion $10.7 billion Q4 2025 (Dec. 2025) $8.8 billion $10.9 billion Q1 2026 (March 2026) $8.4 billion $11.2 billion Data source: Company filings. Data as of May 19, 2026. Foolish Take When you look at Visa and Mastercard together, you’re comparing two well-established, asset-light duopolies that are benefiting immensely from the global secular shift away from cash and toward digital payment...
Quantum computing is coming along faster than most realize. Multiple companies are developing several exciting technologies, but some have already brought quantum computing to real life in niche applications. D-Wave Quantum (QBTS +13.44%) already has viable quantum computing technology that can be used in optimization problems. It has already seen its products be deployed in some applications, and...
Quantum computing is coming along faster than most realize. Multiple companies are developing several exciting technologies, but some have already brought quantum computing to real life in niche applications. D-Wave Quantum (QBTS +13.44%) already has viable quantum computing technology that can be used in optimization problems. It has already seen its products be deployed in some applications, and there could be more coming. D-Wave just received a huge order for one of its computers, and this could be a sign of things to come. Quantum annealing provides real results now There are several ways to perform quantum computing, with the most common being gate computing. This is akin to traditional computing, as it uses logic gates to transmit information. While quantum computing has different logical operators, the idea is still the same. However, there's another type of computing that's seeing greater use. D-Wave Quantum is developing its own gate-based computing but already has a quantum annealing computer available for purchase. This computer specializes in optimization problems, where it analyzes a system, identifies the lowest energy state, and pinpoints that as the optimized solution. This is far more accurate than a gate-based quantum computer is now, which allows it to be used in the real world. Some manufacturing companies have used it for creating schedules and have turned a multiweek job into something that can be done in a few hours. That's a major cost savings and shows the real-world impact that quantum computing can have. Expand NYSE : QBTS D-Wave Quantum Today's Change ( 13.44 %) $ 3.46 Current Price $ 29.20 Key Data Points Market Cap $11B Day's Range $ 26.11 - $ 31.55 52wk Range $ 12.75 - $ 46.75 Volume 5.5M Avg Vol 30.1M Gross Margin 32.92 % Demand is rising for these products, as the company closed bookings of $33.4 million in the first quarter of 2026 -- up 1,994% year over year. Florida Atlantic University purchased a $20 million computer, and another...
Key Points D-Wave has viable quantum computing technology available now. Growing demand for such computers could increase investor interest in D-Wave and others. 10 stocks we like better than D-Wave Quantum › Quantum computing is coming along faster than most realize. Multiple companies are developing several exciting technologies, but some have already brought quantum computing to real life in ni...
Key Points D-Wave has viable quantum computing technology available now. Growing demand for such computers could increase investor interest in D-Wave and others. 10 stocks we like better than D-Wave Quantum › Quantum computing is coming along faster than most realize. Multiple companies are developing several exciting technologies, but some have already brought quantum computing to real life in niche applications. D-Wave Quantum (NYSE: QBTS) already has viable quantum computing technology that can be used in optimization problems. It has already seen its products be deployed in some applications, and there could be more coming. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » D-Wave just received a huge order for one of its computers, and this could be a sign of things to come. Quantum annealing provides real results now There are several ways to perform quantum computing, with the most common being gate computing. This is akin to traditional computing, as it uses logic gates to transmit information. While quantum computing has different logical operators, the idea is still the same. However, there's another type of computing that's seeing greater use. D-Wave Quantum is developing its own gate-based computing but already has a quantum annealing computer available for purchase. This computer specializes in optimization problems, where it analyzes a system, identifies the lowest energy state, and pinpoints that as the optimized solution. This is far more accurate than a gate-based quantum computer is now, which allows it to be used in the real world. Some manufacturing companies have used it for creating schedules and have turned a multiweek job into something that can be done in a few hours. That's a major cost savings and shows the real-world impact that quantum computing can have. Demand is rising...
Sovereign debt loads keep climbing, the dollar index is wobbling, and central banks are still net buyers of bullion. That backdrop has pushed realized gold prices into uncharted territory, with major producers booking $3,500 to nearly $4,900 per ounce on Q1 sales. For retail investors scanning for hard-asset exposure without paying $200-plus for a megacap, ... Gold Is Above $4,500 and These 4 Mine...
Sovereign debt loads keep climbing, the dollar index is wobbling, and central banks are still net buyers of bullion. That backdrop has pushed realized gold prices into uncharted territory, with major producers booking $3,500 to nearly $4,900 per ounce on Q1 sales. For retail investors scanning for hard-asset exposure without paying $200-plus for a megacap, ... Gold Is Above $4,500 and These 4 Miners Under $45 Are Still Dirt Cheap
He said working in the disused Tube tunnels was "like being in an episode of Stranger Things, with the red lights and the dark shadows and the fact that nothing seems quite as it should be".
He said working in the disused Tube tunnels was "like being in an episode of Stranger Things, with the red lights and the dark shadows and the fact that nothing seems quite as it should be".
Key Points Greg Abel and his team cut 16 positions from the total equity portfolio. These were all small positions, including some long-time holdings like Visa and Mastercard. The new portfolio still includes the Buffett favorites and is more concentrated in the higher-conviction positions. 10 stocks we like better than Berkshire Hathaway › Will AI create the world's first trillionaire? Our team j...
Key Points Greg Abel and his team cut 16 positions from the total equity portfolio. These were all small positions, including some long-time holdings like Visa and Mastercard. The new portfolio still includes the Buffett favorites and is more concentrated in the higher-conviction positions. 10 stocks we like better than Berkshire Hathaway › Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Greg Abel has been with Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) for 26 years, since the holding company acquired MidAmerican Energy. He rose through the company's ranks and was hand-picked by Warren Buffett to take over when he retired, and that happened earlier this year. Although he's been CEO of Berkshire Hathaway for several months, the 2026 first quarter was his first in the top position. The first-quarter 13F Securities and Exchange Commission (SEC) filing reporting the company's positions gives investors a glimpse into how Abel is managing its $330 billion equity portfolio. Abel has put his clear imprint on the portfolio, although he hasn't departed radically from Buffett's style. There were several notable changes, including new positions in Delta Airlines and Macy's and a tripling of the position in Alphabet. Also notable was that Abel sold out of 16 positions. There had been prior reports that he'd sold out of the positions managed by former investing manager Todd Combs, and Abel had also let shareholders know in his first annual report back in February that he would focus on a concentrated group of high-conviction stocks. All the stocks Berkshire Hathaway sold Abel and his team sold out of the following stocks in the first quarter: Allegion Amazon Aon Atlanta Braves Holdings Charter Communications Diageo Domino's Pizza Heico Lamar Advertising Liberty Latin America Series A Liberty Latin America Seri...