Berkshire Hathaway Holds $41 Billion in Alphabet (GOOGL) Stock
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowBerkshire Hathaway (BRK.A) disclosed in its latest 13F filing that it owns 68,462,015 Class A shares and 17,944,778 Class C shares of Alphabet (GOOGL, GOOG), valued at approximately $30.7 billion as of March 31. This combined position of nearly $41 billion in Alphabet now ranks as Berkshire's fourth-largest holding. In addition to the stock holdings, Berkshire announced a $10 billion private placement in early June. Alphabet reported a revenue increase of 22% year-over-year to $110 billion for Q1, with a 30% rise in operating income.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Alphabet Inc. (Class A) (GOOGL)
Alphabet is the parent of Google, generating most of its revenue from search and advertising while expanding in cloud computing, YouTube, and AI. Class A shares (GOOGL) carry voting rights.
The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.
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