Google parent Alphabet shares surge 6%, hit record after Berkshire Hathaway makes rare tech bet with $4.9 billion stake
Alphabet shares rallied nearly 6% to a record high on Monday after Berkshire Hathaway‘s new stake provided an endorsement of the tech giant’s artificial intelligence efforts amid heightened worries over a looming bubble. The purchase of 17.85 million Alphabet shares – worth about $4.93 billion as of close on Friday – is one of the…