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Business

“Alphabet’s $118 Billion Cash Pile Poses a New Problem”

“…The Google owner generated nearly $29 billion in cash in the second quarter after cutting thousands of jobs and efforts to stanch losses in its various moonshot projects. That left Alphabet with cash and short-term marketable securities of about $118… Continue Reading…

Business

“Berkshire’s operating earnings pop 18% last quarter with Buffett’s cash pile at record $149 billion”

“Berkshire Hathaway saw another double-digit increase in its operating profit thanks to a continuous rebound in its railroad, utilities and energy businesses from the pandemic, while the company’s cash pile hit a record high as Warren Buffett continued to sit on… Continue Reading…