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Buffett’s $28B Alphabet Bet Under Siege as AI Spending Spree Rattles Markets
Berkshire Hathaway holds roughly $28 billion in Alphabet, but the Google parent’s stock got hammered after Q2 capex doubled and free cash flow turned negative for the first time since its 2004 IPO. The selloff is a warning shot across the bow of Big Tech’s AI spending binge.
