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This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. Congratulations to Golden Tempo on winning the Kentucky Derby. However, as a financial journalist, I felt inclined to root for Emerging Market. Stock futures are falling this morning. The market is coming off a winning week. Here are five key things investors need to know to start the trading day:
1. Is Abel able?
Greg Abel, CEO of Berkshire Hathaway, meets with shareholders at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 1, 2026. David A. Grogan | CNBC
Berkshire Hathaway on Saturday held its first annual meeting since Warren Buffett left the chief executive role at the start of the year. CEO Greg Abel discussed company performance and answered questions from attendees, at times flanked by other leaders from the trillion-dollar conglomerate. Here's what to know: Abel addressed everything from artificial intelligence to Berkshire's equity portfolio, all while aiming to show he would run Berkshire in a similar fashion to his predecessor.
In an exclusive interview with CNBC's Becky Quick on the sidelines of the meeting, Buffett said the investing environment isn't "ideal" for Berkshire.
Berkshire's cash pile expanded to a record $397.4 billion in the first quarter. The conglomerate said its operating earnings grew in part from a rebound in its insurance business.
The "Berkshire Bazaar of Bargains" shopping event drew smaller crowds and shorter lines than in years past, a sign of waning interest in the meeting without Buffett at the helm.
But investors appeared largely pleased with Abel's performance so far, even if it lacked the parcels of wisdom and life advice that Buffett became known for dolling out.
2. With you in spirit
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