Google-parent Alphabet’s shares rally after Berkshire reveals $4.9 billion stake

Alphabet Inc. shares are experiencing significant gains following the announcement that Berkshire Hathaway has acquired a $4.3 billion stake in the company. This investment signals strong confidence from Berkshire, a major player in the investment world, in Alphabet's future performance. The news has positively impacted Alphabet's stock price, reflecting investor optimism about the company's growth potential.

N. Chandrababu Naidu, the Chief Minister of Andhra Pradesh, aims for a 15% growth rate in the state, supported by $1 trillion in investments over the next decade. This ambitious plan includes attracting major companies like Google and focuses on becoming a leader in green energy, quantum computing, and biotechnology. Naidu's strategy reflects a broader push for technological advancement and sustainable development in the region.

Google's DeepMind tool is enhancing hurricane forecasting by providing faster and more accurate predictions, which could potentially save lives and property. During Tropical Storm Melissa, meteorologist Philippe Papin from the National Hurricane Center confidently predicted the storm would escalate to a category 4 hurricane within 24 hours, marking a significant forecasting achievement. This model is noted for being less expensive and time-consuming compared to traditional methods.