Warren Buffett’s Successor, Greg Abel, Tripled Berkshire’s Stake in This Megacap AI Stock (Hint: Not Apple)
Key Points Berkshire Hathaway CEO Greg Abel has built a large position in Alphabet since taking over for Warren Buffett earlier this year. Alphabet reported strong financial results in the second quarter, but the stock declined due to concerns about capital expenditures. Alphabet’s investments in artificial intelligence (AI) infrastructure are paying off, and the stock…