Alphabet Surge Driven by Berkshire Hathaway Stake Acquisition

about 1 month ago

Norah

"Yes. Uh ticker G O G L here we are seeing it leading the it's the biggest gainer in the mag 7 stocks. If we look at what's going on this Monday morning in trading and this is after uh Berkshire Hathaway acquired nearly 18 million shares in the company during the third quarter. Uh they did the firm did trim its holdings in Bank of America and Apple. But I mean, just based off of the fact that they're building out their stake here, Berkshire Hathaway, a lot of people are always keeping an eye on what Warren Buffett is doing, and you're definitely seeing that reflected in the trade today. Shares of Google up for their highest level on record."

The insight outlines Alphabet's strong performance, with shares reaching record highs as Berkshire Hathaway builds a sizable stake by acquiring 18 million shares, signaling robust investor confidence driven by Buffett's involvement.

Related Stocks