Berkshire Rebalances with Big Tech Move | Business and Finance News

Berkshire Hathaway just pulled off a bold portfolio reset—buying big into Alphabet (up 83% in Q2, now their third-largest holding) while slashing stakes in Bank of America and Capital One. For the first time in 14 quarters, they’re net buyers, adding nearly $20 billion in equities. Warren Buffett personally initiated the Google moves, but CEO Greg Abel holds final say. They also dumped Constellation Brands entirely and added to early-year bets like Delta and Macy’s—signaling a clear shift from legacy holdings to a new era shaped by both Buffett’s instincts and Abel’s vision. 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/c6b1ff7b91bf4984