Greg Abel, Warren Buffett's successor at Berkshire Hathaway, invested about $17 billion in Alphabet during Q2 2026, making it a core holding. This move aligns with Alphabet's strong fundamentals, including 24.2% revenue growth and a low valuation. Abel also showed selective caution by trimming Bank of America shares, re-entered airlines via Delta Air Lines, and expressed optimism in housing through homebuilders like D.R. Horton. The Alphabet purchase highlights confidence in AI and cloud services as key growth drivers, with a long-term investment horizon expected.
Alphabet won a $10 million bankruptcy auction for Spirit Airlines' internal business records, beating a $7.5 million bid from AI startup Mercor. The data includes 100 million emails, 500 million chats, code, and operational records but excludes passe...
Relay, an AI-powered workflow automation tool launched in 2021, is shutting down, with paid access ending September 14 and free access already closed. Founder and CEO Jacob Bank, who previously worked at Google, is joining Google's Chrome team as VP ...
Alphabet Inc. maintains a Strong Buy rating despite a recent post-earnings stock drop and negative free cash flow caused by increased capital expenditures. The company's cloud revenue surged 82% year-over-year, with a backlog of $514 billion, half of...
Alphabet reported negative free cash flow for the first time due to soaring capital expenditures, which are expected to reach $200 billion this year and possibly $300 billion next year. The company has raised over $50 billion in long-term debt and pl...
Amazon's custom silicon business, now generating over $25 billion annually and growing at triple-digit rates, is a major but underappreciated part of its AWS cloud operations. Key products like Trainium2 and Graviton power AI workloads for clients in...
