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Alphabet Gains Institutional Backing as Berkshire Confirms Massive $35B Stake

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Berkshire Hathaway CEO Greg Abel highlighted the conglomerate's $35 billion stake in Alphabet, ranking it among its top equity holdings.
  • Abel reaffirmed Berkshire's confidence in Alphabet's artificial intelligence positioning while detailing utility strategies for hyperscaler data centers.
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