Berkshire Hathaway invests in Alphabet: Warren Buffett’s Berkshire Hathaway invests $4.3 billion in Alphabet, marking a shift in Buffett’s investing strategy
Berkshire Hathaway has taken a rare step into new tech territory, revealing a major investment in Google’s parent company, Alphabet that immediately grabbed Wall Street’s attention. In a securities filing issued late Friday, it made a new wager on tech behemoth Alphabet Inc.
The move marks a noticeable shift for Warren Buffett’s empire, which has traditionally stayed cautious around high-growth tech stocks. The filing also arrives as Berkshire continues cutting back its long-held Apple position, signaling a potentially new direction as Buffett prepares to hand over leadership, as per a report by CNBC.
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