Under its new president and CEO Greg Abel, Berkshire Hathaway has been on a roll, as the American multinational conglomerate recently committed USD 16.8 billion to buy homebuilder Taylor Morrison Home Corp., apart from helping Google build out its AI infrastructure further.
Abel, who succeeded legendary investor Warren Buffett as the CEO in January 2026, may go on a cash-spending spree, investors and analysts believe. Berkshire’s cash, which totaled USD 380.2 billion as of March 31, weighed on the conglomerate’s share price, with the latter recently going down 13% from their record high in May 2025, while the technology-heavy Standard & Poor’s 500 has risen 34% in the same period.
“Everyone has been waiting for Greg to do his thing, beyond Warren Buffett’s shadow, and we’re now seeing that,” said Steven Check, president of California-based Check Capital Management, which has so far invested USD 2.4 billion, including more than USD 700 million in Berkshire stock and options.
“It’s encouraging,” he told Reuters.
The USD 6.8 billion acquisition of Taylor Morrison, which operates in 12 American states, would help Berkshire expand its commitment to the housing industry of the world’s largest economy, which also includes the Clayton Homes manufactured housing business, as well as sellers of bricks, paint, and insulation. Berkshire also has its dedicated residential real estate brokerage.
“While Berkshire has pledged to keep a USD 30 billion cash cushion, investors have said it could consider buying back more of its stock or instituting its first dividend since 1967,” reported Reuters.
On June 1, Berkshire agreed to buy USD 10 billion of stock in Google’s parent Alphabet in a private placement, as part of an USD 80 billion equity fundraising by the tech giant. Berkshire began investing in Alphabet in Q3 2025 and owned USD 16.6 billion of shares as of March 31. The latest investment should make Alphabet one of the conglomerate’s five largest common stock holdings, which are led by Apple. Berkshire’s investments in Alphabet and Apple also mark a change in its investment strategy, as during Buffett’s time, the conglomerate was marked by its hesitancy to put money in technology companies.