Today: 24 June 2026
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TSX:8766 23 April 2026

Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Greg Abel now controls about 94% of Berkshire Hathaway’s $300 billion stock portfolio after Todd Combs’ departure, consolidating authority more than Warren Buffett had planned. Abel has kept major U.S. holdings largely intact but increased investments in Japanese firms, including a new $1.8 billion stake in Tokio Marine. Recent portfolio trims, such as Apple and Amazon, reflect Buffett’s last quarter in charge.

Stock Market Updates

IREN stock falls as Wall Street stays split on AI cloud payoff

IREN stock falls as Wall Street stays split on AI cloud payoff

24 June 2026
IREN plunged 3.78% to $54.72 as tech stocks tumbled on AI spending worries, but analysts remain split with targets from $36 to $100; Microsoft’s $9.7B contract and a new $3.65B GPU financing facility drive bullish bets, while risks from uncontracted revenue targets and delivery timelines leave the stock highly volatile.
Blue Owl (NYSE:OWL) trades near year low after new credit fund filing

Blue Owl (NYSE:OWL) trades near year low after new credit fund filing

24 June 2026
Blue Owl Capital plunged 3.4% to $8.91 on volume 68% above average, nearing its 52-week low, as investors weighed a 10.3% dividend yield against slipping fee-paying assets, $1.2 billion in BDC redemptions, and 13.9% software-credit exposure, despite Blue Owl Credit Income Corp. reporting $19.4 billion NAV, $11.6 billion liquidity, and positive year-to-date returns in a new SEC filing.
Joby Aviation stock falls as heavy volume tests eVTOL rally

Joby Aviation stock falls as heavy volume tests eVTOL rally

24 June 2026
Joby Aviation plunged 3.14% to $9.55 on Tuesday with trading volume surging to 38.08 million shares—43% of shares sold short—amid high short interest and no new company news, leaving the stock 54% below its 52-week high and highlighting volatility tied to FAA certification timing, cash burn, and market risk-off sentiment.
Hershey gains $1.7 billion as cocoa risk leaves HSY valuation gap

Hershey gains $1.7 billion as cocoa risk leaves HSY valuation gap

24 June 2026
Hershey shares surged 4.9% to $179.27, adding $1.7 billion in value despite remaining about 25% below its 52-week high, as investors bet on margin recovery from lower cocoa costs; however, cocoa prices have started rising again amid Ivory Coast weather risks, leaving Hershey’s rebound vulnerable if input costs climb or volumes weaken.
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