Alphabet becomes Berkshire Hathaway's third-largest investment
· economictimes.indiatimes.com
In the second quarter, Berkshire Hathaway raised its investment in Alphabet by a significant eighty-three percent, positioning it as the company's third-largest holding, following Apple and American Express. The firm also diminished its cash reserves and ceased a prolonged selling trend. Additionally, investments in Delta Air Lines and Macy's saw increases, while Constellation Brands was removed from the portfolio, as outlined in a recent regulatory filing.
Synopsis
In the second quarter, Berkshire Hathaway raised its investment in Alphabet by a significant eighty-three percent, positioning it as the company's thi...