Why Google is making headlines in Berkshire's biggest quarter of stock-buying

JUST IN: Berkshire Hathaway has bought roughly 106 million shares of Alphabet, its biggest stock-buying quarter in years, and boosted its Delta Air Lines stake by 44%.

Berkshire Hathaway just bought roughly 106 million shares of Alphabet.

That's Warren Buffett's shop, the company that spent decades saying it didn't really do tech, loading up on Google's parent in what turned out to be its biggest stock-buying quarter in years. The man famously said missing Google early was one of his big mistakes. Well, somebody in Omaha just corrected it, at scale.

And it wasn't the only move. Berkshire also boosted its Delta Air Lines stake by 44 percent, which is its own little plot twist given how publicly Buffett dumped the airlines back in 2020. So the most patient money in America spent the quarter buying a trillion dollar tech giant and doubling down on planes.

When Berkshire sits on a cash pile that size and suddenly starts spending, the rest of the market pays attention. This quarter, it spent.

This is Sara White, reporting for HIT.

Source Read the original reporting at timesofindia.indiatimes.com