Abel’s Bold Tech Bet at Berkshire | Business and Finance News

Greg Abel’s bold move as Berkshire Hathaway’s new CEO is reshaping the giant’s portfolio—selling stakes in Amazon and Domino’s while aggressively doubling down on Apple and Alphabet. Together, these two tech titans now make up 30% of Berkshire’s $351 billion portfolio, with Abel nearly tripling Alphabet’s stake and adding $10 billion via private deal. He sees Alphabet’s search dominance, cloud growth, and AI potential as a Buffett-style long-term play, while Apple’s ecosystem, brand strength, and AI-driven future remain his top bet. Despite market skepticism, Abel believes these stocks offer solid value and cash flow—perfectly aligned with Berkshire’s classic investment philosophy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c31f156018f73fbc