In Q4, Berkshire Hathaway reduced its Bank of America holdings while offloading stakes in Apple and Amazon and bolstering its position in New York Times. This reallocation highlights a strategic shift toward media investments after trimming exposure to major tech and financial stocks.

Bank of America CEO Brian Moynihan joined peers in a 2025 compensation surge, with top bank CEO pay increasing by up to $45 million. Compensation committees cited strong trading performance, record deal volumes, and easing regulatory constraints as key drivers.

Moynihan forecasted positive momentum for 2026, emphasizing continued growth in investment banking and M&A pipelines. He noted that potential volatility from tariff recalibrations could temper deal flow but remains optimistic about balance sheet expansion and market-share gains.