Greg Abel's First Move: Will Berkshire Deploy Its 381 Billion War Chest in the AI Crash?
10 February 2026

Greg Abel's First Move: Will Berkshire Deploy Its 381 Billion War Chest in the AI Crash?

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Warren Buffett stepped down as Berkshire Hathaways CEO at the end of 2025 after over 60 years turning a textile flop into a trillion dollar powerhouse but he remains chairman as successor Greg Abel takes the helm amid market jitters that could hand Abel his first big splash. According to 247wallst Berkshire built a record 381.6 billion cash pile mostly in Treasury bills by late 2025 positioning it perfectly for the brutal early February Nasdaq plunge triggered by AI hype fizzling with Anthropics Claude plugins and Alphabets Project Genie sparking sector fears while Amazons Q4 earnings miss and whopping 200 billion 2026 capex guidance fueled a trillion dollar wipeout. Nasdaq reports this could mark Abels debut move with Berkshire eyeing a hefty sale of its 27 percent Kraft Heinz stake worth about 7.5 billion after resigning board seats last year as the food giant splits into growth brands like Heinz and slower ones like Lunchables hoping to mimic Kelloggs value unlocking split. The Motley Fool highlights DaVita another top holding surging over 30 percent this week after smashing quarterly results and issuing rosy 2026 earnings guidance of 13.60 to 15 dollars per share trading at a dirt cheap nine times forward earnings while steering clear of UnitedHealth which tanked on Medicare cuts. MarketBeat noted Monday that Berkshire Hathaway TSEBRK shares crossed above their 200 day moving average hitting 37.17 Canadian dollars amid a 1.43 trillion market cap though TradersUnion clocked a 2 percent US slide to 497.94 dollars Tuesday on selling pressure despite bullish long term signals above key averages. Amid Nasdaq volatility and AI reevaluation whispers swirl that Abels cash war chest could snag bargains echoing Buffetts be fearful when others are greedy mantra with no public appearances or social buzz from the Oracle lately but eyes on whether hell deploy amid the fear driven dip. All verified from these outlets no unconfirmed gossip here just the pulse of Berkshires post Buffett pivot.

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