Berkshire Backs Alphabet Amid AdX Sale Rejection
Alphabet Inc., owner of Google and parent company of numerous subsidiaries, has managed to avoid another potential breakup remedy after a court rejected the Department of Justice's request to force the sale of AdX.
This comes as Berkshire Hathaway, led by Warren Buffett, has made Alphabet its third-largest holding. In addition, Greg Abel, vice chairman and CEO of non-insurance businesses at Berkshire Hathaway, recently referred to Google as a 'significant player' in artificial intelligence.
Alphabet's Google Cloud revenue saw an impressive 82% year-over-year growth in Q2 FY26, accompanied by a 14.9 percentage point expansion in operating margin.
A financial writer on Seeking Alpha remains neutral on the stock due to its chart performance and lack of fresh perspective. The author mentions that despite 'impeccable fundamentals', the recent lower lows since May cannot be ignored.