Buffett-Backed Berkshire Doubles Down on Alphabet

Berkshire Hathaway's latest 13F filing revealed an impressive Alphabet bet. The conglomerate lifted its stake in Google's parent by 83% during the second quarter, adding roughly 48 million shares worth about $17 billion.

This significant increase pushed Alphabet into the upper ranks of Berkshire's portfolio and raised questions for investors: if Berkshire is aggressively accumulating, should they follow?

The investment thesis behind Berkshire's purchase aligns with a familiar Buffett template. Alphabet is a dominant, cash-rich company available at a sensible price and valuation.

Search revenue climbed 17% last quarter, and user query volumes reached fresh records, suggesting AI is broadening the business rather than cannibalizing it. Google Cloud is now growing at a remarkable pace, expanding profitability sharply as its contracted backlog pushes past the half-trillion mark.