Berkshire Hathaway’s post-Buffett era commenced with a slight dip in shares as Greg Abel assumed the CEO role. The conglomerate, now valued over $1 trillion, faces challenges finding needle-moving acquisitions amidst a record cash pile. Abel inherits a strong financial position, with Buffett remaining as chairman to support the transition.
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting