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Greg Abel Poured $23 Billion of Berkshire's Cash Into Alphabet Stock

The Motley Fool·
Greg Abel Poured $23 Billion of Berkshire's Cash Into Alphabet Stock

Greg Abel, the new CEO of Berkshire Hathaway, has invested approximately $23 billion into Alphabet stock, making it Berkshire's fifth-largest holding worth $31.5 billion. The investment reflects confidence in Alphabet's cloud infrastructure, AI capabilities, and competitive positioning in the rapidly expanding AI market, with analysts projecting strong revenue and earnings growth through 2028.

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