Berkshire Hathaway Boosts Alphabet Stake 83% to $37.8 Billion

M&A · PartnershipEarnings Impact 4
โดย Insider Monkey·US·Read original
Summary · why it matters

Berkshire Hathaway increased its stake in Alphabet by 83% during the second quarter to nearly 106 million shares worth about $37.8 billion, making Google's parent its third-largest stock holding behind Apple and American Express. The stake includes a $10 billion private placement completed on June 4, with Alphabet saying the proceeds would support general corporate purposes including capital expenditures to scale AI infrastructure and global compute. Alphabet's second-quarter revenue rose 24% to $119.8 billion, while Google Cloud revenue jumped 82% to $24.8 billion and cloud operating income more than tripled to $8.8 billion. Alphabet raised its 2026 capital-spending forecast to $195 billion to $205 billion in July, and Reuters reported the company burned $5.9 billion of cash in the second quarter, its first quarterly cash burn on record. Morgan Stanley analyst Brian Nowak has called the recent weakness a tactical buying opportunity and raised his price target to $415.

Impact on stocks 7

Artificial Intelligence▲ · 4 stocks
Alphabet Inc Class C
GOOG
▲ PositiveCapitalrelevance

Berkshire's increased stake and analyst price target raise signal confidence.

Energy Transition & Power Demand▲ · 1 stocks
Digital Finance & Tokenization▲ · 1 stocks
Financials▲ · 1 stocks

Theme Impact 3

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