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Buffett Doubles Down on Alphabet with Massive $36B Stake

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

News Summary

  • Berkshire Hathaway significantly expanded its stake in Alphabet, boosting holdings by 83% to $36 billion, making it its third-largest equity investment.
  • Warren Buffett personally initiated the multibillion-dollar purchase, demonstrating strong institutional confidence in Alphabet's business model and massive artificial intelligence initiatives.
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