Warren Buffett Steps Down as CEO, Berkshire Adjusts Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
Source: Fool
- Buffett's Transition: Warren Buffett will step down as CEO of Berkshire Hathaway at the end of 2025 while remaining chairman, with Greg Abel taking over as CEO, indicating a smooth leadership transition and continued strategic involvement in investment decisions.
- Exit from Amazon: As of March 31, Berkshire Hathaway has completely exited its Amazon holdings, reducing its stake from 10 million shares in September 2025 to under 2.3 million, reflecting a significant shift in the company's investment strategy towards tech stocks.
- Acquisition of Macy's: In the first quarter, Berkshire Hathaway purchased nearly 1.7 million shares of Macy's valued at $30.1 million, marking a strategic entry into the retail sector and indicating a reassessment of investment opportunities in consumer goods.
- Positive Outlook for Macy's: Despite a 16.5% drop in Macy's stock this year, its P/E ratio has fallen from 13 to 8, making it an attractive investment for Berkshire, which reflects confidence in the retailer's potential for future sales growth amidst broader economic challenges.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 274.000
Low
175.00
Averages
280.01
High
325.00
Current: 274.000
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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