Berkshire Sinks on Buffett; Netflix and Film Tariffs; Nvidia Taiwan Exposure

Stock Movers · May 5, 2025 · 4m

On this episode of Stock Movers:- Berkshire Hathaway (BRK-B) fell in premarket trading after Warren Buffett announced he will be stepping down as CEO of Berkshire Hathaway at year-end, with Greg Abel set to take over upon board approval. Bloomberg Intelligence analysts Matthew Palazola and Eric Bedell expect Abel to maintain Berkshire’s ethos, and say that he may also bring a fresher approach to capital management.- Netflix (NFLX) shares are lower after President Trump announced plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies to the…