Berkshire Hathaway Class B

BRK.B

Market cap $1.03T

Buffett, as CEO of Berkshire Hathaway, delivered six decades of market-beating returns. Abel took over the CEO role in January and aims to follow the path traced by the investing giant.

The artificial intelligence boom has created plenty of winners, but one company sits at the center of it all.

On June 1, CNBC reported that Berkshire Hathaway (NYSE:BRK-B | BRK-B Price Prediction) invested an additional $10 billion in Alphabet (NASDAQ:GOOGL) through a private stock purchase, deepening its bet on artificial intelligence.

Alphabet is raising $80B to fund its AI infrastructure cycle — one of the largest equity financing events in history, with Berkshire anchoring the deal at a negotiated discount. In under nine months, Greg Abel has committed ~$27B to Alphabet, mirroring the Apple playbook but at twice the speed and with a private equity-style deal structure. This is not dilution — it is the first "AI IPO", and Berkshire just got the anchor allocation at a price retail investors could not access.

It's hard to believe that some might consider Alphabet (NASDAQ:GOOG | GOOG Price Prediction) to be an underdog in the AI race.

All eyes were on what Berkshire Hathaway (NYSE:BRK.B | BRK.B Price Prediction) was up to in its very first quarter with Warren Buffett's successor, Greg Abel, at the helm.

Berkshire Hathaway's $8.5 billion all-cash acquisition of Taylor Morrison provides a new valuation benchmark for mid-cap homebuilders and definitively validates the structural undersupply in the U.S. residential real estate sector.

Stocks look cheap, and there is a need for innovation in residential construction.

Berkshire Hathaway's latest 13F filing shows the company trimmed down its portfolio. Berkshire Hathaway purchased shares of Delta Air Lines, its first step back into the industry since the COVID-19 pandemic.

In one weekend, Warren Buffett's successor has given shareholders a reason to believe he is a savvy dealmaker.