Warren Buffett Continues to Load Up on Alphabet, and This 1 Number Is the Big Reason Why

Berkshire Hathaway, led by CEO Greg Abel, expanded its stake in Alphabet (GOOGL) with a $10 billion private placement, buying $5 billion each of A and C shares. This purchase, split between public and private markets, makes Alphabet Berkshire's third-largest holding. The company's cash reserves decreased from $400 billion to $365.5 billion after the purchase.

Rezolve Ai (RZLV) announced Google (GOOG) selected its distributed database technology for Google Cloud Web3, marking its first major commercial deployment. The initial phase covers 100 terabytes of data from 10 blockchain networks. Rezolve aims to expand its platform, citing growing AI infrastructure spending as a potential opportunity. The deal validates Rezolve's technology and strategy, according to its CEO.

Walmart (WMT) reported earnings of $187.9B, beating estimates. Alibaba (BABA) reported $39.64B revenue, up 9% YoY, but missed earnings estimates. Amazon (AMZN) plans to expand Prime Air to 500 U.S. locations. PayPal (PYPL) is in talks for a potential buyout. NetEase (NTES) reported mixed Q2 results. Futu (FUTU) beat revenue estimates. Nokia (NOK) plans to cut most of its China workforce. Meta (META), Google (GOOG), and Snap (SNAP) won a legal reprieve. NVIDIA (NVDA) explores partnership with Reb

Berkshire Hathaway (BRK.A, BRK.B) increased its Alphabet (GOOG) stake by 83% in Q2, valuing it at $38B. This gives Berkshire indirect exposure to SpaceX (SPCX) via Alphabet's 4% stake. SpaceX's Q2 revenue grew 92% YoY to $7.81B, but shares fell 40% from their IPO peak. Analysts are divided on SpaceX's outlook.

Alphabet (GOOG) could earn a 7% stake in Marvell (MRVL) through a warrant tied to future purchases of custom silicon. The deal, worth up to $12.2B, requires Google to meet revenue milestones with Marvell's products. Marvell's expansion in AI infrastructure, including chips and networking hardware, is central to the partnership.

India ordered Google to shut down hundreds of Firebase accounts linked to bank-impersonation scams. Officials cited malware distribution and theft of sensitive financial data, with 57 Firebase-hosted sites targeted in August. Google faces liability for unremoved links within three hours. The company did not immediately respond to requests for comment.