Alphabet Inc. Shares Surge After Berkshire Hathaway’s $4.9 B Investment
Berkshire Hathaway disclosed that it owns 17.85 million Alphabet shares, representing a stake of roughly $4.9 billion as of September 30. That vote of confidence sent Alphabet’s stock sharply higher. Berkshire’s major bet surprises investors Berkshire Hathaway, the legendary conglomerate helmed by Warren Buffett (soon to hand over leadership), revealed a new position in Alphabet…