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Berkshire’s Rare Tech Bet Lifts Alphabet Shares to Record High
Berkshire Hathaway’s $4.
Shares of Alphabet climbed nearly 6% to record highs after Berkshire Hathaway disclosed a new stake of about $4.9 billion in the company. The move marked a notable departure from Berkshire’s typical aversion to pure‑play tech firms and serves as a strong endorsement of Alphabet’s AI and cloud strategy. Analysts say the investment signals confidence in the firm’s long‑term growth trajectory despite mounting scrutiny around tech valuations and competition.