Berkshire Buys Alphabet Amid AI Surge | Business and Finance News

Berkshire Hathaway’s Greg Abel just made Alphabet a major portfolio darling—betting big on the tech giant even as its stock dips. Alphabet’s cloud business exploded 82% YoY, fueled by AI spending, but a $205B capex plan has squeezed free cash flow for the first time in a decade. Yet, with its P/E at an all-time low and AI-powered Gemini models powering growth, analysts see this as a buying opportunity—because Alphabet’s long-term bets on search and AI could rewrite the playbook. 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/b2f4f8ef406f9194