Berkshire Hathaway Increases Alphabet (GOOGL) Stake by $17 Billion, Now Third Largest Holding
Berkshire Hathaway significantly increased its investment in Alphabet, adding $17 billion in Q2, making it the company's third-largest equity holding. This move reflects a strategic shift as Berkshire also reduced its financial sector holdings, raising concerns among some investors about its cash management approach under CEO Greg Abel.