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Alphabet becomes Berkshire Hathaway's third-largest investment

In the second quarter, Berkshire Hathaway raised its investment in Alphabet by a significant eighty-three percent, positioning it as the company's third-largest holding, following Apple and American…

  • Berkshire Hathaway increased Alphabet investment by 83% in Q2.
  • Alphabet stake grew to 106 million shares, valued at $37.8B.
  • Buffett credited himself with Alphabet investment decision.

Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal

Crude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks.

  • Brent crude nears $90 per barrel amid tanker attacks and Iran-Iraq peace deal stalemate
  • Tanker attacks, especially on Abu Dhabi National Oil Company vessels, drive oil price surge
  • OPEC forecasts weaker demand growth and increased U.S. crude inventories may lower prices

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