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FORGOTTEN HISTORY: 5 | History Defined

As Greg Abel Deploys Cash, Michael Burry Argues Berkshire Hathaway Is No Longer 'An Attractive Investment'

Michael Burry cites concerns that Abel is deploying the company’s large cash reserves too aggressively instead of waiting for exceptional opportunities.

Barchart

Michael Burry Calls Time on Berkshire Hathaway, Says It Has Lost Buffett's 'Fat Pitch' Discipline

Michael Burry says Berkshire has lost Buffett's patience as Greg Abel deploys cash and steps up share buybacks

International Business Times UK

Alphabet Is Poised to Be an AI Winner, Analyst Says

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) stock traded lower by almost 2% on Tuesday as mega-cap technology stocks weakened. The Nasdaq fell 0.13%, while the S&P 500 slipped 0.08%.

Benzinga

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The AI Boom Is Making Memory Chips Much More Expensive, Impacting Laptop And Smartphone Prices

Surging AI demand is driving up memory chip prices and squeezing supplies available to consumer electronics makers. Morgan Stanley expects the crunch to push PC and smartphone inflation significantly higher.

International Business Times

Meta, TikTok, Google and Snap Just Lost a Major Court Battle— and Must Face More Than 3,000 Lawsuits Over Addictive Platforms Targeting Young Users

A U.S. appeals court has given the green light for thousands of lawsuits against leading social media companies Meta Platforms (NASDAQ:META), Alphabet’s Google (NASDAQ:GOOGL) (NASDAQ:GOOG), ByteDance’s TikTok, and Snap Inc’s Snapchat (NYSE:SNAP).

Benzinga

Without Warren Buffett, Berkshire Hathaway is no longer an attractive investment: ‘Big Short’ fame Michael Burry

Veteran investor Michael Burry said Berkshire Hathaway has lost its investment appeal after Warren Buffett’s succession, arguing that Greg Abel may lack Buffett’s patience for major opportunities. Burry also flagged concerns over Berkshire’s large cash pile, saying its recent moves appear more strategic than investment-focused.

The Economic Times

US Stock Market: Berkshire shares rally on strong Q2 results, accelerating capital deployment

Berkshire Hathaway shares hit their highest level since Warren Buffett announced his CEO departure in 2025 after successor Greg Abel accelerated capital deployment. Cash fell to $364.7 billion as Berkshire repurchased $4.5 billion of shares and invested $23.5 billion in stocks. Strong second-quarter profits and revenue growth further boosted investor…

The Economic Times

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Corporate America Is The Strongest It's Been In 5 Years: Here’s Why

S&P 500 companies are on track to deliver their strongest earnings growth in five years.

Benzinga

Warren Buffett's Successor Greg Abel Uses Berkshire's $365B Cash Pile to Break 14-Quarter Selloff Streak

Under Greg Abel, Berkshire Hathaway has taken a bold approach, including a $10 billion stake in Alphabet and an $8.5 billion acquisition of Taylor Morrison, diverging from Warren Buffett's caution.

International Business Times UK

Quote of the day by Sundar Pichai: Wear your failures as a badge of honor. They are proof that you tried something hard

Sundar Pichai perceives failures as evidence of courageously tackling challenging ventures, reflecting on his inspiring journey from Chennai to becoming the CEO of Google. Joining the tech giant in 2004, he spearheaded the Chrome browser's development. His ascent to CEO of both Google and Alphabet showcases a steadfast spirit and…

The Times of India

US Stock Market: Berkshire steps up buybacks, boosts Alphabet stake as cash falls

Berkshire Hathaway began deploying its cash pile in Q2, buying nearly $20 billion more stocks than it sold and ending a 14-quarter selling streak. It also repurchased $4.5 billion of its own shares in Q2 and bought about $10 billion of Alphabet stock, while posting better-than-expected operating profit.

The Economic Times

Ross Gerber Cites Data to Make a Point: Take Out Alphabet and Amazon, S&P 500 Earnings Growth Looks Far Less Impressive

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) are responsible for a large share of the S&P 500’s second-quarter earnings growth, a concentration highlighted by investor Ross Gerber using FactSet (NYSE:FDS) data.

Benzinga

$20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters?

Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on net stock purchases and $4.5 billion on share buybacks in Q2. Alphabet entered its top five holdings alongside Apple, American Express, Coca-Cola and Bank of…

The Economic Times

Berkshire Hathaway spends down cash pile under CEO Greg Abel

Berkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks and nearly $20 billion in equities, including investments in Alphabet and Taylor Morrison. Operating earnings rose 16% to nearly $13 billion despite lower insurance underwriting profits.

The Economic Times

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Benzinga

Berkshire Hathaway's Buyback Engine Roars Back As Net Earnings More Than Double To $25.7 Billion

Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) said Saturday that second-quarter net earnings attributable to shareholders jumped to $25.67 billion, more than double the $12.37 billion posted a year earlier, as a rebound in the conglomerate’s stock portfolio combined with a sharp step-up in share repurchases under CEO Greg Abel.

The Times of India

US Democrats eye probes into Trump-linked firms over impeachment if they regain House control: Report

In a significant move, US House Democrats are gearing up for extensive investigations into the business practices of the Trump administration. Their strategy involves utilizing hearings and subpoenas to scrutinize decisions made that may have led to personal gains. Major corporations such as Apple and Alphabet might find themselves under…

International Business Times UK

Google Lays Off 52 Employees in Washington, Including Engineers, Managers, and Recruiters

Google is cutting 52 jobs in Washington, marking its largest layoff in the state since Alphabet's 2023 workforce reduction, affecting engineering and business roles across multiple offices.

Barchart

Dear GOOGL Stock Fans, Here's What Google's AI Shakeup Means for Alphabet

Google just announced a major AI leadership shakeup with Chief Scientist Jeff Dean departing after 27 years.

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Benzinga

SpaceX Stock Meltdown Takes $28 Billion Bite Out of Google's Portfolio

Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) newest 13F filing just put a number on one of the biggest bets in Big Tech history — and the market has already started rewriting it.

The Economic Times

Alphabet looks to raise up to $25 billion from latest bond sale: report

Alphabet aims to raise between twenty and twenty-five billion dollars through its latest bond offering in the U.S. This strategic move follows a downturn sparked by the company's capital spending forecasts. Offering notes with maturities spanning two to forty years, Alphabet joins other tech giants adopting debt funding for their…

The Economic Times

Alphabet seeks up to $25 billion from its latest bond sale: Bloomberg

Alphabet is seeking up to twenty-five billion dollars from its latest U.S. bond offering. This move comes after the tech giant's capital spending outlook triggered a significant selloff. Hyperscalers are issuing more bonds to fund costly artificial intelligence investments. Big Tech companies are expected to spend over seven hundred thirty…

The Guardian - UK

Big shake-up in Google’s AI team as DeepMind chief executive steps down

Two senior engineers are leaving company to launch startup amid fears Google is falling behind in AI race

International Business Times UK

Google Chief Scientist Jeff Dean Quits After 27 Years To Launch Tech Giant Backed AI Startup

Jeff Dean, a key figure in Google's AI advancements, leaves after 27 years to start Discovery Loop, a new AI venture backed by Alphabet, amid a major AI leadership reshuffle.

The Economic Times

US stocks: Alphabet shares fall 4% as DeepMind chief shifts role in Google’s AI shakeup

Alphabet's Class C shares declined significantly after a major AI leadership restructuring. DeepMind CEO Demis Hassabis is moving to a new chief scientist role. Several prominent Gemini researchers have departed the company recently. This overhaul occurs as Google DeepMind faces challenges with its latest AI model. The company's cloud business,…

Fortune

Demis Hassabis steps down from Google DeepMind CEO role amid a major AI leadership shake-up

Google DeepMind is undergoing a major restructuring following model delays and a string of high-profile exits.

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