Berkshire Hathaway, under new leadership by Greg Abel, nearly tripled its stake in the New York Times during the first quarter, marking a notable shift into digital media investments. The Times, valued at $11.7 billion, is transforming into a digital subscription business with strong growth in digital-only subscriptions and advertising, while print revenue declines are minimal. The company shows robust financial health with rising free cash flow, no debt, and increased dividends, supported by diversified offerings like games and audio content. This move reflects Berkshire's strategy to invest in durable cash flow businesses, presenting a potentially stable addition for retirement portfolios despite a relatively high valuation compared to traditional media stocks.
Alphabet's stock price has fallen below the level at which Berkshire Hathaway bought $10 billion worth of shares earlier this month. This drop means Berkshire's recent investment is now valued higher than the current market price, highlighting a pote...
Berkshire Hathaway, led by CEO Greg Abel, nearly tripled its Alphabet shares to about 57.8 million, valuing the stake at $16.6 billion, making Alphabet a top-five holding. This move follows strong Q1 2026 results from Alphabet, including a significan...
