Berkshire's Abel Takes Big Swing With Back-to-Back Deals -- Market Talk
Dow Jones06-02 05:22
1722 ET - Only five months into his term as CEO of Berkshire Hathaway, and Greg Abel is already making big moves. Berkshire agreed to invest $10 billion in Google parent Alphabet to expand its artificial-intelligence computing infrastructure, just one day after the company said it would buy homebuilder Taylor Morrison Home for $6.8 billion in cash. The back-to-back, multi-billion-dollar deals represent the two biggest plays yet from Abel, who is seen as more hands-on and willing to shake things up than his storied predecessor, Warren Buffett, according to The Wall Street Journal. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
June 01, 2026 17:22 ET (21:22 GMT)
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