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Berkshire Bets $17B on Alphabet as Cloud and AI Growth Accelerate

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Berkshire Hathaway disclosed a massive $17 billion investment in Alphabet, turning it into a core portfolio holding.
  • The move highlights Alphabet's attractive valuation, 24% year-over-year revenue expansion, and 82% growth in Google Cloud.
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GOOGL price history

343.57 +7.66% over the displayed period

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