Squawk on the Street
SOTS 2nd Hour: End of An Era At Berkshire, Top Tech Picks, and Milken: Day 1 with Blackstone’s Jon Gray 5/5/25
May 5, 2025
Jon Gray, President and COO of Blackstone, dives into the financial landscape with insights on Warren Buffett stepping down at Berkshire Hathaway and what that means for investors. He explores the growing importance of AI in various sectors and discusses strategic investment opportunities in private credit and emerging markets like Japan and India. The conversation also touches on the latest developments from the Milken Institute, highlighting how economic strategies are evolving amidst global market challenges.
42:29
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Quick takeaways
- Warren Buffett's surprising announcement of his resignation as CEO marks a significant transition for Berkshire Hathaway and its investment strategies.
- The rising demand for data centers driven by AI advancements highlights a critical investment opportunity amidst broader market volatility.
Deep dives
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