Berkshire (BRK.B) Ends 14-Quarter Selling Streak with $23.5B Purchases

Berkshire Hathaway (NYSE:BRK.B) ended a 14-quarter net selling period by purchasing approximately $23.5 billion of stocks in the second quarter. The company invested $10 billion in Alphabet (NASDAQ:GOOGL) through a private placement, acquiring Class A shares at $351.81 and Class C shares at $348.20. Additionally, Berkshire's net earnings for the quarter rose to $25.67 billion, while operating earnings increased by 16% to $12.98 billion. This shift in strategy may indicate potential opportunities for investors previously concerned about Berkshire's past selling trend.