According to Tim Cook on Twitter, Warren Buffett is stepping down from Berkshire Hathaway, with Greg Abel taking over leadership. This confirmed succession plan removes prior market uncertainty about Berkshire’s future management, providing stability for BRK.A and BRK.B stocks. Traders should monitor Berkshire’s upcoming earnings announcements and any strategic shifts under Greg Abel, as these could influence share price volatility in the short term. Cook’s public endorsement increases investor confidence, supporting ongoing institutional buy interest (Source: Tim Cook Twitter, May 3, 2025).