10AM Hour: Berkshire’s Alphabet Stake, Real Estate Execs React to NYC Pied-à-Terre Tax, Ferrari EV Sets Auction Record 8/17/26

Berkshire Hathaway makes a major bet on Alphabet, boosting its stake in the second quarter and making the Google parent its third-largest position. On today’s Squawk on the Street, we break down what may be behind the move. Plus, Brown Harris Stevens CEO Bess Freedman explains why she says the pied-à-terre tax is already chilling New York City real estate. And Ferrari’s new EV sets an auction record after its May debut drew skepticism on Wall Street. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.