Alphabet plans to raise $80 billion to pay for AI buildout
The Google parent company plans to raise the funds by selling stock.
FT AI·
Capital raising includes $10bn private placement to Berkshire Hathaway
Read full articleThe Google parent company plans to raise the funds by selling stock.
Berkshire's acquisition signals a strategic shift towards traditional assets, reinforcing its resilience against economic cycles and market volatility. The post Berkshire Hathaway acquires Taylor Morrison for $6.8B, deploying less than 2% of its cash hoard appeared first on Crypto Briefing.
The post Post-Buffett move by Berkshire Hathaway sends this stock soaring over 20% appeared on BitcoinEthereumNews.com. Taylor Morrison Home’s (NYSE: TMHC) stock surged more than 22% in pre-market trading on June 1 after Berkshire Hathaway (NYSE: BRK.B) announced plans to acquire the homebuilder. The all-cash deal, valued at approximately $6.8 billion, marks one of the first major strategic moves under Berkshire Hathaway CEO Greg Abel following Warren Buffett’s transition from chief executive to chairman earlier this year. Under the agreement announced on May 31, Berkshire Hathaway will acquire Taylor Morrison Home for $72.50 per share in cash, representing a 24% premium to the stock’s May 29 closing price of $58.50. Including debt, the transaction carries an enterprise value of roughly $8.5 billion. Taylor Morrison stock climbed to about $71.60 in pre-market trading, up approximately 22.5%. TMHC one-day stock price chart. Source: Google Finance The acquisition deepens Berkshire Hathaw
Berkshire's acquisition signals a strategic shift towards deeper housing market involvement, potentially influencing future investment trends. The post Berkshire Hathaway deploys $8.5B to take homebuilder Taylor Morrison private appeared first on Crypto Briefing.
The post Berkshire Hathaway makes $6.8 billion housing bet with Taylor Morrison deal appeared on BitcoinEthereumNews.com. Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway agreed Sunday to acquire homebuilder Taylor Morrison Home in a $6.8 billion deal, deepening the conglomerate’s bet on the U.S. housing market after a prolonged downturn. The Omaha, Nebraska-based company will pay $72.50 per share in cash for Taylor Morrison, according to a statement. The offer represents a 24% premium to the homebuilder’s closing price on May 29 and values the company at about $8.5 billion, including debt. The acquisition marks one of the first major strategic deals under Warren Buffett’s successor Greg Abel, who took over as CEO at the start of 2026. The acquisition, expected to close in the second half of 2026, is relatively modest by Berkshire standards as it’s sitting on a cash hoard nearing
The post Strategy STRC Pays Farmer’s Father 11.5% Yield, Critics Call It a Bitcoin Bait and Switch appeared on BitcoinEthereumNews.com. Key Takeaways A farmer’s son shared how his dad earns an 11.5% annualized yield through Strategy’s STRC preferred stock tied to 843,738 BTC. Critics like Glenn Cameron warn STRC trades Bitcoin sovereignty for counterparty risk to a sub-investment grade company. Strategy holds a June 8 vote on more frequent dividends, while a 411 BTC Coinbase Prime transfer sparked brief sell fears. Dad Earns 11.5% on Strategy STRC Shares The post spread quickly across crypto social media this weekend. The son described calling his father after the man noticed the new shares in his brokerage account. His father’s reaction was simple and direct. “I’ve never been paid this kind of money just for someone else to hold my money,” the father said. “I mean, someone is always holding it, the bank, the man in the moon, the cow next door, whatever. But nothing like 11 or 12%!” Th
A farmer’s son posted online that his father received 0.96% more Strategy STRC shares in a single day, and X posts like it, even the skeptical ones, have ignited a debate that cuts to the core of what bitcoin is meant to be. Dad Earns 11.5% on Strategy STRC Shares The post spread quickly across […]
The post SK Hynix Crosses $1 Trillion Valuation After 240% Rally in 2025 appeared on BitcoinEthereumNews.com. Key Takeaways SK Hynix achieved a $1 trillion valuation this week, marking only the second time a South Korean firm has reached this historic benchmark. Shares have skyrocketed 240% year-to-date, with gains exceeding 80% in May alone. First-quarter revenue surged nearly three times to 52.6 trillion won ($34.8bn), while operating profit jumped fivefold. The chipmaker commands 57% of the high-bandwidth memory (HBM) sector and secured roughly 70% of Nvidia’s Vera Rubin HBM supply contracts. American investors currently lack direct access, but the Roundhill Memory ETF (DRAM) — trading near $60 — allocates 27% to SK Hynix as its second-biggest holding. SK Hynix entered an elite tier of global corporations this week, surpassing the $1 trillion market capitalization mark amid unprecedented AI-fueled appetite for advanced memory solutions. SK hynix Inc. (000660.KS) The South Korean sem