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Pomerantz LLP is investigating Alphabet Inc. for potential securities fraud related to delays in delivering its AI model Gemini 3.5 Pro and significant financial disclosures. Alphabet's stock dropped notably after reports of delays and disappointing AI training results, followed by announcements of increased capital expenditures and negative free cash flow in Q2 2026. The investigation focuses on whether Alphabet and its executives engaged in unlawful practices affecting investors. This legal scrutiny could impact Alphabet's reputation and investor confidence going forward.
Released on August 14, Berkshire Hathaway’s second-quarter 13F filing showed the conglomerate became a net buyer of nearly $19.8 billion in stocks, its first net-buying quarter in 14 quarters. The shift was driven primarily by an 83% increase in its Alphabet Inc. (NASDAQ:GOOGL) stake, to about 106 million shares worth $37.8 billion, making it Berkshire’s […]
Alphabet was a popular buy among some successful funds in Q2.
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