Berkshire Doubles Down on Alphabet | Business and Finance News

Berkshire Hathaway just went all-in on Alphabet, adding $17 billion in new shares—nearly 106 million total—making it their third-largest investment behind American Express and Apple. A big chunk of those shares came straight from Alphabet in a private deal, while the rest were bought on the open market. Meanwhile, they trimmed their Bank of America stake by 6%—part of an eight-quarter sell-off—and also cut positions in Capital One and Ally Financial. This bold move follows Alphabet’s $85 billion AI funding round, highlighting where Wall Street’s biggest players are betting big. With $365.5 billion still sitting on their balance sheet, Berkshire’s cash pile remains massive—even if it dipped slightly from the prior quarter. 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/3cc2c82ea6a2bfa3