Berkshire (BRK.A) Increases Alphabet Stake by $17 Billion in Q2

Published on 9/2/2026 · Source: cnbc.com

#BRK.A #GOOGL #AI #Investments #Portfolio

Berkshire (BRK.A) Increases Alphabet Stake by $17 Billion in Q2

AI Summary

Summarized by AI from the source below

Berkshire Hathaway CEO Greg Abel announced a $17 billion increase in the company's investment in Alphabet during the second quarter. This move made Alphabet the third largest holding in Berkshire's equity portfolio, with a total of approximately 106 million shares valued at around $36.6 billion. Abel described Alphabet as a 'significant player' in artificial intelligence. Berkshire's investments are noteworthy as they reflect confidence in AI technologies and their potential returns, impacting market perceptions of both Berkshire (BRK.A) and Alphabet (GOOGL).

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

About Alphabet Inc. (Class A) (GOOGL)

Alphabet is the parent of Google, generating most of its revenue from search and advertising while expanding in cloud computing, YouTube, and AI. Class A shares (GOOGL) carry voting rights.

The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.