🚨 $8.2 BILLION GONE: Buffett's Google Bet Just Got a Reality Check.
And this could get even uglier.
Alphabet ($GOOGL) just suffered its steepest one-day percentage decline since going public in 2004.
Shares plunged as much as 13.7% in a single session.
But here's where things get REALLY interesting.
Berkshire Hathaway owns approximately 106 MILLION shares of Google.
At the end of Q2, that stake was worth around $37.8 BILLION.
After the sell-off?
Just approximately $29.6 BILLION.
That's roughly $8.2 BILLION wiped off its market value in ONE DAY.
And there's another twist.
Berkshire hasn't disclosed its exact purchase price.
But estimates put its average cost somewhere around $300–$320 per share.
At an assumed $310 average cost, Berkshire could be sitting on an estimated $3.2 BILLION paper loss.
Read that again.
One of the world's most respected investors. A massive bet on one of the world's biggest tech companies. And potentially billions underwater.
But the bigger question isn't about Buffett.
It's about Google.
Is Wall Street losing confidence in Google's ability to turn massive AI investments into profits?
Because if investors start questioning the AI business model, this could be more than just a bad day for Alphabet.
📉 Even Warren Buffett isn't immune to a brutal market sell-off.
#WarrenBuffett #BerkshireHathaway #Google #Bilverse #CryptoNews
And this could get even uglier.
Alphabet ($GOOGL) just suffered its steepest one-day percentage decline since going public in 2004.
Shares plunged as much as 13.7% in a single session.
But here's where things get REALLY interesting.
Berkshire Hathaway owns approximately 106 MILLION shares of Google.
At the end of Q2, that stake was worth around $37.8 BILLION.
After the sell-off?
Just approximately $29.6 BILLION.
That's roughly $8.2 BILLION wiped off its market value in ONE DAY.
And there's another twist.
Berkshire hasn't disclosed its exact purchase price.
But estimates put its average cost somewhere around $300–$320 per share.
At an assumed $310 average cost, Berkshire could be sitting on an estimated $3.2 BILLION paper loss.
Read that again.
One of the world's most respected investors. A massive bet on one of the world's biggest tech companies. And potentially billions underwater.
But the bigger question isn't about Buffett.
It's about Google.
Is Wall Street losing confidence in Google's ability to turn massive AI investments into profits?
Because if investors start questioning the AI business model, this could be more than just a bad day for Alphabet.
📉 Even Warren Buffett isn't immune to a brutal market sell-off.
#WarrenBuffett #BerkshireHathaway #Google #Bilverse #CryptoNews
