This Tech Stock Gets a Boost Thanks to a New Bet by Buffett's Berkshire Hathaway
Investopedia·2025-11-17 17:25

Core Insights - Shares of Alphabet, Google's parent company, surged over 5% following the announcement of a new stake by Berkshire Hathaway, which acquired approximately 17.8 million shares valued at about $4.33 billion at the end of the third quarter [1][2][8] Group 1: Investment Activity - Berkshire Hathaway's investment in Alphabet marks a significant move, especially considering Warren Buffett's historically cautious stance on tech stocks [2][3] - The new stake in Alphabet comes as Berkshire also reduced its holdings in Apple and Bank of America, although these remain among its largest investments [3] Group 2: Market Sentiment - The recent gains in Alphabet's stock contribute to an overall increase of more than 50% for the year 2025 [5] - A recent resolution of a carriage dispute between YouTube TV and Disney, which includes ESPN and ABC, is expected to enhance sentiment around Alphabet's stock [4]