It was learned on the 14th that U.S. investment company Berkshire Hathaway significantly increased its stake in Alphabet, the parent company of Google, during the April-June 2026 quarter. Under newly appointed CEO Abel, the company has been actively purchasing stocks, as revealed in a report filed with the U.S. Securities and Exchange Commission. This marks the second quarter since renowned U.S. investor Warren Buffett stepped down as CEO at the end of last year and Abel took over. In the quarterly earnings announced on the 8th, it became clear that Berkshire reduced the cash reserves Buffett had built up and adopted a more aggressive stance.
Berkshire Hathaway IncBerkshire increased its stake in Alphabet, reflecting active stock purchases under new CEO Abel.
Alphabet Inc Class CBerkshire's significant stake increase signals confidence in Alphabet's stock.
