Global Markets
Alphabet Shares Surge: Berkshire Hathaway’s Stake and Larry Page’s $8 Billion Net Worth Boost
724FinanceKemal Tekin

Alphabet shares climbed 3.9% to $373 by 3 PM GMT, propelling Larry Page’s net worth up by $8 billion.
Berkshire Hathaway’s Deep Dive into Alphabet
Share Performance: Drivers and Momentum
Alphabet has outperformed the Nasdaq this year, up 17.9% versus the index’s 12% gain. AI demand spurred a 48% jump in Google Cloud and Services revenue, pushing annual revenue past $400 billion.
Wealth Ripple: Page and Brin’s Net Worth
AI Spending Outlook
Alphabet projects $185 billion in capital expenditures for fiscal 2026, with $105 billion earmarked for AI and data‑center expansion. This underscores the company’s strategy to sustain its competitive edge and capture more cloud market share.
Markets view Berkshire’s move as “smart money” flowing into AI‑centric megacaps; Alphabet’s spending trajectory and share momentum are likely to recalibrate Asia‑Pacific tech‑focused fund allocations. In Q2 2026, heightened AI‑driven dividend and growth expectations should boost risk appetite.