Alphabet Class C
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 […]
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CNBC Sport: Disney and YouTube TV stalemate drags on
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. It’s day 14 of the Disney – YouTube TV standoff. This marks the […]
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Waymo begins offering freeway robotaxi rides in San Francisco, LA and Phoenix
Waymo robotaxis will now take passengers on freeways in three major U.S. cities, marking a major milestone for the driverless, ride-hailing company. Alphabet-owned Waymo on Wednesday said it will begin offering those types of trips in the San Francisco, Phoenix and Los Angeles markets “when a freeway route is meaningfully faster.” The Google sister company […]
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Waymo announces new CFO Steve Fieler
A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Waymo has tapped Google executive Steve Fieler as its new chief financial officer, the self-driving company announced on Monday. The new CFO comes as the […]
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Former Google, Meta executives raise $100 million for high-capacity AI servers startup
Ofer Shacham is CEO of Majestic Labs. Tal Givony Three former Meta and Google silicon executives on Monday announced they’ve raised a total of $100 million to build technology they say will reduce cloud companies’ spend on data center buildouts. Called Majestic Labs, the startup’s co-founders are Ofer Shacham, Sha Rabii and Masumi Reynders, all […]
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Family offices make fewer deals but still flock to AI startup mega-rounds
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, […]
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Stock futures climb marginally after Trump-Xi meeting in South Korea: Live updates
Stock futures moved higher marginally Thursday as U.S. President Donald Trump and Chinese President Xi Jinping concluded their meeting in Busan, South Korea. This also comes as investors digested a batch of Big Tech earnings and the Federal Reserve’s interest rate decision. Futures tied to the Dow Jones Industrial Average rose 37 points, or 0.07%. […]
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Google expects ‘significant increase’ in capital expenditure in 2026, execs say
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Google parent Alphabet is planning a “significant increase” in spend next year as it continues to invest in AI infrastructure to meet the demand […]
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Stocks making the biggest moves after hours: Alphabet, Meta, Starbucks, Microsoft and more
Check out the companies making headlines in after-hours trading. Alphabet — Shares of the Google parent jumped nearly 5% on the back of strong results , which included better-than-expected Google Cloud revenue and YouTube advertising revenue. Alphabet earned $3.10 per share, on an adusted basis, topping the $2.33 per share estimate from LSEG. The search […]
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Alphabet set to report Q3 earnings after the bell Wednesday
Alphabet is set to report third-quarter earnings after the bell Wednesday. Here’s what analysts are expecting according to LSEG consensus: Revenue: $99.89 billion Earnings per share: $2.33 Wall Street is also watching several other numbers in the report: YouTube advertising revenue: $10.01 billion, according to StreetAccount Google Cloud revenue: $14.74 billion, according to StreetAccount Traffic acquisition costs (TAC): $14.82 […]
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