Greg Abel's Week Is Off to Quite a Start -- WSJ

Dow Jones06-02

By Heather Gillers

It's been a busy few days for Berkshire Hathaway CEO Greg Abel, who took over for Warren Buffett Jan 1.

On Sunday night Berkshire announced it would buy home builder Taylor Morrison Home Corp. for $6.8 billion in cash. Then on Monday, Google parent Alphabet announced Berkshire would also be buying $10 billion worth of newly issued Alphabet stock expected to finance artificial intelligence capital expenditures.

Some investors aren't sure what to make of the one-two punch yet. Berkshire Hathaway's Class B shares fell 0.9% Monday, then made up about 0.3% afterhours.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

June 01, 2026 17:55 ET (21:55 GMT)

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Then on Monday, Google parent Alphabet announced Berkshire would also be buying $10 billion worth of newly issued Alphabet stock expected to finance artificial intelligence capital expenditures. \n\n\n     Some investors aren't sure what to make of the one-two punch yet. Berkshire Hathaway's Class B shares fell 0.9% Monday, then made up about 0.3% afterhours. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  June 01, 2026 17:55 ET (21:55 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640672179","isCrawlerRequest":true}