James Gruber

Greg Abel has taken his role, and by all accounts, investors seem impressed by his proposed operational changes at some of Berkshire's largest businesses.

Here's a statistic, though, that the newish CEO may not enjoy.

Since Buffett announced his retirement one year ago, Berkshire's stock has underperformed the S&P 500 by a staggering 41%.

It's something Abel will be keen to turn around.

Finally, a quick note.

You may have noticed a small change to our episode titles from the start of May.

We've shortened the time reference to AM or PM to make more room to describe each episode.

Same content, just clearer titles.

And that's it for today.

The ComSec Media and Markets team is monitoring developments on today's local trading session.

So check out our afternoon episode of the podcast for all the key updates.

I'm James Gruber.

Have a great day.

Wall Street resets its highs after more corporate earnings.

And our share market is expected to open lower.

While the US and Iran appear to be talking about more talking.

Good morning, I'm James Gruber.

And I'm Gillian Bowen.

It's Monday the 4th of May and this is the morning edition of the ComSec Market Update.

Now, when we last spoke, we were previewing the release of Apple's results after the closing bell.