Berkshire Hathaway is entering a new chapter after Warren Buffett stepped down as CEO at the end of 2025, with successor Greg Abel reshaping the portfolio. Apple, Alphabet and Bending Spoons together represent about $114.4 billion, or 31.4%, of Berkshire's estimated $364 billion portfolio. None is a pure-play AI company, but each business model could become more valuable as AI adoption accelerates. Berkshire cut its Apple stake heavily in 2024 and 2025 before stabilizing at 227.9 million shares worth $79.1 billion, according to its second-quarter 13F filing. Its Alphabet stake grew to about 106 million shares worth $33.8 billion, while Google Cloud revenue rose 82% year over year to $24.8 billion in the second quarter.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Berkshire HathawayGreg AbelAppleartificial intelligence
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/27/2026 | 347.08 |
| Change that session | +0.92% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Warren Buffett's Successor, Greg Abel, Has 69% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for October.
Berkshire Hathaway CEO Greg Abel has cut the portfolio from 42 to 29 stocks, while its value grew 9% to $299 billion. The top five holdings still make up about 69%, led by Apple at 22%, followed by American Express at 17.1% and Coca-Cola at 10.9%. Abel has added heavily to Alphabet, which now accounts for 9.4% of the portfolio and is Berkshire's fourth-largest holding. The author says Alphabet trades at a forward P/E of about 22 with a cloud backlog of $514 billion, and expects Abel may keep adding to the position, though Alphabet's free cash flow is under pressure as its capex rises to $195 billion to $205 billion for fiscal 2026.
- Warren Buffett's Successor, Greg Abel, Has 32% of Berkshire Hathaway's $364 Billion Portfolio Invested in 3 Unstoppable AI Stocks
Greg Abel took over Berkshire Hathaway after Warren Buffett retired as CEO on Dec. 31, and has reshaped the $364 billion portfolio, dumping 16 stocks in the first quarter. Three AI-focused stocks, Apple, Alphabet, and Bending Spoons, now account for roughly 32% ($115.7 billion) of the portfolio. Apple is the largest position at $78.28 billion, or 21.5% of invested assets, while Alphabet is valued at $36 billion (9.9%) after Abel more than tripled the stake in the first quarter and bought around $17 billion more in the second quarter. Berkshire also agreed to buy 10 million Bending Spoons shares at $33 per share in a private placement, on top of a position worth $1.44 billion (0.4%).
- Warren Buffett's Successor, Greg Abel, Has 22% of Berkshire Hathaway Invested in This Stock That Just Crossed the $5 Trillion Mark
Greg Abel became Berkshire Hathaway's CEO at the start of the year and so far has made few major changes, closing some positions formerly managed by Todd Combs while keeping the company culture and most Buffett-era holdings. Apple (AAPL) is Berkshire's largest holding, about 22% of its public equity portfolio, and recently closed above a $5 trillion market cap, becoming only the second company to do so. In fiscal Q3 2026, Apple's revenue rose 16% year over year to $109.4 billion and EPS of $2.02 grew 29%, with iPhone sales reaching $54.3 billion, up 21.6%. The article argues that the iPhone 17, Apple's AI strategy, the foldable iPhone Duo and its large ecosystem could support long-term growth, though tariffs and legal challenges remain.
- Warren Buffett’s Successor, Greg Abel, Has Over 45% of Berkshire Hathaway’s $356 Billion Portfolio Invested in 3 Undeniable Winners
Greg Abel succeeded Warren Buffett as Berkshire Hathaway’s CEO after Buffett retired on December 31, keeping the company’s concentrated investment approach. More than 45% of Berkshire’s $160.6 billion in invested assets sits in three stocks: Apple ($76.73 billion, 21.6%), American Express ($46.72 billion, 13.1%) and Alphabet ($37.17 billion, 10.5%). Buffett had cut Berkshire’s Apple stake by 75% in the nine quarters before his departure, but Abel’s February letter described Apple as a concentrated holding expected to compound over decades. Abel more than tripled the Alphabet stake in the first quarter and added another $17 billion in the June-ended quarter, while Amex has been held since 1991 with a nearly 45% annual yield on cost.
- Greg Abel Is Reshaping Berkshire's Portfolio. Here's Who's In and Who's Out.
Nine months into his role as Berkshire Hathaway CEO, Greg Abel has begun reshaping the company's roughly $350 billion equities portfolio. In his first shareholder letter, he named Apple (the largest holding), American Express, Coca-Cola and Moody's as core long-term positions, along with Japan's five largest trading houses. Notably absent were Bank of America, which made up over 7% of the portfolio at the end of the second quarter and was slightly trimmed, as well as Chevron (over 5%) and Occidental Petroleum (4.5%). Alphabet has risen to 10.6% of the portfolio after tens of billions were invested, Delta was newly added at 1.3%, and the Lennar stake was increased. Berkshire has also resumed share buybacks despite holding hundreds of billions in cash.
- Berkshire Hathaway: Is the Stock Still a Safe Buy Without Warren Buffett?
Greg Abel took over as CEO of Berkshire Hathaway this year, replacing Warren Buffett, and the stock has risen around 9% so far this year. Buffett stepped down as chairman last month, with his son Howard taking the role to guard the company's values and culture, while Abel runs the business and Buffett is expected to be far less involved. The author flags uncertainty because Abel has no prior experience managing a portfolio the size of Berkshire's, and notes the company has added to its Alphabet stake and taken a stake in serial acquirer Bending Spoons, which could raise risk and volatility. He says the portfolio may look far different over the next few years, so he is taking a wait-and-see approach for now.
Related markets
Latest news
- Why is Dell (DELL) stock soaring today
Dell shares jumped 8.3% in the afternoon session after the company expanded its cybersecurity and resilience portfolio for AI environments and introduced new AI-focused personal computers. The new services include Security Hardening for the Dell AI Factory, available this month, which reviews configuration risks across physical, virtual and application layers; Resilience Operations for AI, available now, which identifies critical AI applications and writes recovery plans; and PowerProtect identity tools that restore clean copies of Active Directory, Microsoft Entra ID and Okta after an attack. Earlier, the stock gained 6.3% after Super Micro Computer raised its revenue forecast to $18.5 billion to $19.5 billion, and Dell expanded its Dell AI Factory collaboration with NVIDIA at the GTC Berlin event, with over 6,500 organizations adopting the offerings. Dell is up 294% year to date, but at $503.78 it trades 14.4% below its 52-week high of $588.40 from September 2026.
- Trump administration may let more Russian diesel onto market, energy secretary tells CNBC
U.S. Energy Secretary Chris Wright told CNBC that the U.S. may allow more Russian diesel onto the global market depending on Moscow’s behavior. He framed the Trump administration’s suspension of sanctions on Russian diesel exports as “an incentive” for Moscow to end the war in Ukraine. Under a Trump–Putin deal, Russia would export 800,000 metric tons of diesel in October and November, followed by another million tons; the first 300,000-ton shipment equals about 75,000 barrels per day over one month, and the 500,000-ton tranche about 124,000 bpd. Analysts say these volumes are small relative to global demand of around 28 million barrels per day, so they will not materially lower prices. Ukraine’s President Volodymyr Zelenskyy and several Republican senators have sharply criticized the deal.
- Nvidia's New $3 Billion AI Bet Is on One of Its Own Customers
Nvidia announced plans to invest $3 billion in Meta Platforms, one of its biggest customers, as part of Meta's recently announced stock offering. The companies will expand their technical partnership on Muse, Meta's AI assistant, and the model family that powers it, aiming to improve both training and inference. Meta plans to deploy more Nvidia hardware, including Vera Rubin GPU systems, Vera CPUs and networking technology, while work on tools for securing and monitoring AI agents remains exploratory with nothing agreed. The article notes the announcement does not say how much new business Nvidia gains, since Meta was already a major customer and the engineers had been collaborating. The author sees the deal as Nvidia deploying cash while Meta needs capital, but says Nvidia's growth depends on continued AI spending, with last quarter's revenue at $96.2 billion and data center making up over 90% of sales.
- Jensen Huang's Late-Night Calls With President Trump Come as Nvidia's China AI Chip Shipments Fall 44% in the First Half of 2026. Here's Why His Access Matters.
According to Reuters, ByteDance, Alibaba and Tencent have reportedly ordered more than $35 billion of Nvidia's RTX PRO 5500 graphics cards at list prices, though Nvidia may deliver only a fraction because Chinese demand exceeds planned production capacity. IDC reports Nvidia's shipments of data center AI chips to China fell 44% year over year in the first half of 2026, while Huawei held 28% of China's data center AI accelerator shipments versus Nvidia's 34%. The article argues political access does not guarantee sales: Nvidia received licenses for limited H200 shipments, but Chinese restrictions kept it from selling the full permitted amount, and those shipments were under 1% of data center quarterly revenue. Nvidia's second-quarter fiscal 2027 revenue rose 106% to $96.2 billion, and its third-quarter guidance of $108 billion assumes no China data center compute revenue, so restored China sales could add revenue beyond guidance. The author notes shareholders should separate that potential from realized profit.
- Stock Market Today, Oct. 27: Meta Raises Largest-Ever Equity Offering to Nearly $98 Billion to Fund AI Infrastructure Bet
Meta Platforms closed at $620.19, down 1.64%, on trading volume of 50.4 million shares, about 148% above its three-month average. The company projects its 2026 AI infrastructure spending at $135 billion to $145 billion, versus $72.2 billion in 2025. Its equity offering, originally targeted at $95 billion, was upsized by $2.5 billion to $97.5 billion after the Class A offering was oversubscribed fivefold, consisting of $25 billion of Class A common stock, $12.5 billion of mandatory convertible preferred shares, and $60 billion through a Class C non-voting share at-the-market program scheduled for early 2027. Nvidia and AMD said they would invest a combined $4 billion in Meta as part of deepening AI partnerships, easing some financing concerns. Meta's third-quarter revenue rose 26% to $64.6 billion with guidance above expectations, but investors remained focused on rising capital expenditures.
- Why Noble Stock Tumbled on Tuesday
Noble shares fell more than 5% on Tuesday after third-quarter results showed revenue of $729 million, down 9% year over year, and an adjusted net loss of $91.5 million ($0.57 per share), versus a profit of more than $30 million a year earlier. Revenue beat the average estimate of slightly under $714 million, but the adjusted loss compared with analysts' modeled profit of $0.24 per share. The company said several rigs transitioning to new contracts weighed on the quarter, while its two Brazil rigs resumed operations. Noble now projects 2026 adjusted EBITDA of $850 million to $900 million, with the top end lowered from $925 million, and raised capital expenditures to $680 million to $705 million from $615 million to $665 million, mainly due to customer-reimbursable expenses. Backlog grew $560 million to $6.7 billion, with $2.6 billion set to convert next year.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.