Berkshire Hathaway Takes $4.3 Billion Stake in Alphabet

Elon Musk Says Tesla Could Build Chip Fab, Work With Intel

Warren Buffett’s Berkshire Hathaway purchased shares in Google parent Alphabet worth $4.3 billion at the end of the third quarter, a vote of confidence in the search giant after its shares have surged this year.

The investment, disclosed in a quarterly regulatory filing, adds to Berkshire’s exposure to the tech industry, which Buffett once shied from. The firm also owned a $60.5 billion stake

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *