Berkshire’s unusually modern bet on Alphabet forces a fresh look at Warren Buffett’s playbook

Just a week after Berkshire Hathaway revealed it had purchased 17.8 million Class A shares of Alphabet in the third quarter, the position is already up about $415 million, rising to nearly $5.35 billion as the stock rose 8.4%. This once again raises the question of whether the famously cautious company is becoming increasingly comfortable […]

Google parent Alphabet rises 6% to hit record after Berkshire Hathaway makes rare tech bet with $4.9 billion stake

Shares of Alphabet rose nearly 6% to a record high on Monday after Berkshire Hathaway’s new stake boosted the tech giant’s efforts in artificial intelligence amid heightened concerns about a looming bubble.The purchase of 17.85 million Alphabet shares — worth about $4.93 billion at the close on Friday — is one of the latest major […]