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Alphabet Surges as Berkshire Hathaway Expands Stake to $36.6B on AI Strength

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Berkshire Hathaway expanded its stake in Alphabet with a $17 billion addition, making it the conglomerate's third-largest equity holding.
  • CEO Greg Abel praised Alphabet's leading AI position, citing positive AI productivity across Berkshire's subsidiaries, reinforcing strong institutional confidence in Google's long-term growth.
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