Buffett’s Google bet comes 2 decades after billionaire investor ‘inspired’ search giant’s IPO

Key Points

Warren Buffett’s Berkshire Hathaway revealed late Friday that it owns a $4.3 billion stake in Google parent Alphabet as of the end of the third quarter.
Alphabet shares rallied on Monday and are now up about 50% this year, driven in part by the artificial intelligence boom.
Berkshire’s rare bet on a big internet company comes a little over two decades after Google’s founders said they were “inspired” by Buffett in the company’s IPO prospectus.

Source

Finance

Fed Governor Waller backs December rate cut as support for weakening labor market

November 17, 2025

Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at […]

Finance

Stocks making the biggest moves midday: Brinker International, Alphabet, Quantum Computing & more

November 17, 2025

Check out the companies making the biggest moves midday: Brinker International — The Chili’s parent jumped more than 8%, on pace for its largest one-day advance since April. Short interest amounts to 12% of Brinker’s float, FactSet data shows. Brinker continues to rebound after tumbling as much as 18% between reporting earnings on Oct. 29 […]

Finance

Jeffrey Gundlach sees one of the ‘least healthy’ stock markets of his career, urges 20% cash

November 17, 2025

Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Wall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their […]