Berkshire Hathaway Invests Heavily in Alphabet as New CEO Shifts Focus to Tech
Under new CEO Greg Abel, Berkshire Hathaway has significantly increased its investment in Alphabet by purchasing nearly $17 billion worth of shares over the past three quarters and plans an additional $10 billion private placement. This move marks a strategic shift toward tech investing for the conglomerate.
Topics: Alphabet Berkshire Hathaway CEO transition tech investing