Warren Buffett steps down from Berkshire Hathaway leadership

Warren Buffett has stepped down from his leadership role at Berkshire Hathaway after six decades at the helm. Buffett took control of the company in 1965 when it was a struggling textile mill. Under his tenure, he transformed the business into a global conglomerate with diverse holdings. Market participants are monitoring the transition of leadership and the long-term strategic direction of the firm.