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Berkshire Hathaway buys more stocks under new CEO Greg Abel, with Google growing as a key AI investment.

Market News
24 Aug 2026
Seeking Alpha
View Source
Bullish
Berkshire Hathaway buys more stocks under new CEO Greg Abel, with Google growing as a key AI investment.

Under new CEO Greg Abel, Berkshire Hathaway has increased its stock purchases, reversing a long trend of selling. Google has become the third largest holding in Berkshire's equity portfolio, reflecting its leadership in artificial intelligence through cloud and device partnerships. The company also engaged in share buybacks at higher valuations, which slowed book value growth due to cash reserves. This shift signals confidence in Abel's leadership and Berkshire's strategic focus on AI and growth stocks.

More News (BRK.B)

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