Search results for Greg Abel
AI & Enterprise
Berkshire CEO steps up $10 billion bet on Alphabet with two-track investment in AI and power infrastructure
Berkshire Hathaway is expanding its investment in Alphabet, betting on growth in the artificial intelligence industry while also seeking gains from rising power demand from data centres. Greg Abel, Berkshire\'s CEO, said the company sees Alphabet as a key AI player and also expects indirect benefits as Berkshire Hathaway Energy supplies electricity to data centres. Berkshire approved an additional $10 billion Alphabet purchase and plans large energy infrastructure spending through 2026.
Crypto
Trump made 1,051 trades in June, first buys Berkshire and rebought Coinbase
U.S. President Donald Trump (도널드 트럼프) made 1,051 individual trades in stocks, bonds and exchange-traded funds in June, according to a report. A financial disclosure released on Aug. 22 put the total value of transactions in a range of $78.1 million to $263.1 million. Trump first bought Berkshire Hathaway and traded a wide mix of shares and ETFs, including repeated buying and selling of crypto-related Coinbase.
Finance
Berkshire Hathaway is overtaken by tech stocks, with focus also on succession
Berkshire Hathaway is lagging the S&P 500 so far in 2026, with its Class B shares down 1.8 percent while the index is up 10.7 percent, according to Cryptopolitan. Including dividends, the performance gap widens further, with the S&P 500 total return at 11.4 percent. The gap was largest on June 1 and narrowed somewhat after a June rebound, but the overall trend remained weak. Investors are also watching succession to Greg Abel.
