Welcome! Thank you for subscribing to the Earnings360 newsletter, your daily source for quarterly earnings news and updates.
Each morning edition contains a wrap-up of today's pre-market earnings announcements and yesterday's earnings announcements after the closing bell.
Please take a moment to confirm your subscription below so we can ensure these updates reach your inbox.
Confirm Your Subscription Here
The Earnings360 Team
Just For You Alphabet: Buffett's Bet on Its Next Phase of GrowthWritten by Ryan Hasson. Published 11/18/2025. 
Key Points - Berkshire's nearly $5 billion position in GOOGL marks a rare Buffett move into high-growth tech, signaling confidence in the company’s next phase of expansion.
- Alphabet’s fundamentals continue to strengthen, highlighted by its first quarter with $100 billion in revenue and surging AI-driven cloud growth.
- Despite hefty gains, Alphabet’s valuation remains reasonable relative to the S&P 500, with rising institutional inflows and continued bullish sentiment reinforcing its long-term outlook.
Alphabet (NASDAQ: GOOGL) has gone from laggard to leader in the year's second half — a shift Wall Street has noticed. After trailing the broader market and its Magnificent Seven peers earlier in the year, Alphabet has flipped the script. Shares are up 41% this quarter alone, outpacing nearly every mega-cap tech stock. That relative strength just received a huge vote of confidence. Berkshire Hathaway (NYSE: BRK.B) disclosed a 17.8 million share stake in Alphabet's Class A stock during the third quarter — an investment worth nearly $5 billion at Monday's close. The move surprised many investors because Buffett typically avoids high-growth tech names, and when Warren Buffett departs from his usual playbook, investors naturally ask: should they take note? Why Berkshire's Move Turned Heads Bitcoin's biggest moves are often missed by the skeptics — but after calling the $60,000 top, nailing the November 2022 bottom, and watching Bitcoin surge 500%+, I'm now tracking a little-known "Bitcoin loophole" that can target outsized payouts without needing to buy the coin outright. With Wall Street quietly accumulating Bitcoin at record levels — even bidding above market in some cases — the next wave could hit sooner than most expect, and this loophole may offer a far more powerful way to capture the upside. Click here to see how the Bitcoin loophole works and why I'm preparing for the next surge Buffett's stake in Alphabet puzzled even seasoned market watchers. Historically, Berkshire has preferred undervalued companies with long records of predictable cash flows, not high-growth technology stocks. The last major Berkshire move into a Magnificent Seven company was Apple (NASDAQ: AAPL) in 2016 — a decision that proved extraordinarily profitable. Apple remains Berkshire's largest equity holding and is worth more than $60 billion even after recent trimming. Alphabet, by contrast, isn't unloved or beaten down. The stock has gained 71% over the past six months and is up 50% year-to-date. It's unusual to see Berkshire buy into a name with that kind of momentum, especially after the company traded at a forward P/E near 18 just months ago. Still, Buffett has long admired Alphabet; in 2017 he said he regretted not buying the stock earlier, noting how GEICO and other Berkshire businesses spent heavily on Google advertising for years. So what changed? Put simply, Alphabet's fundamentals are now broad, durable and too compelling to ignore. Alphabet's Dominance Is Only Getting Stronger Alphabet's latest quarter showcased its competitive strength. The company reported its first-ever quarter of $100 billion-plus in revenue — $102.35 billion — above expectations of $99.9 billion. Net income climbed to $34.97 billion from $26.3 billion a year earlier, and EPS beat estimates by $0.58, highlighting how its AI-first strategy is translating into financial momentum. Search and YouTube both posted solid gains: Search revenue rose 15% year-over-year to $56.56 billion, while YouTube contributed $10.26 billion. Advertising revenue topped $74 billion, underscoring the resilience of digital ad demand after a choppy first half. Google Cloud remains the standout growth driver. Revenue rose 35% year-over-year to $15.15 billion, and the backlog surged to $155 billion as AI-related demand accelerates. Management said Alphabet signed more billion-dollar cloud deals this year than in the previous two years combined. The company has raised its 2025 capital expenditure target to as high as $93 billion, much of it for data centers, signaling preparation for the next global cycle of AI adoption. And while modest, its 0.29% dividend yield adds another element of appeal for long-term investors. Sentiment, Valuation, and the Road Ahead Wall Street's tone has grown increasingly bullish. Analysts retain a Moderate Buy rating, with roughly 7% upside based on consensus price targets. Institutional appetite has surged as well, with inflows exceeding $140 billion over the past 12 months compared with $74 billion in outflows. Even after its second-half rally, Alphabet remains reasonably priced. A P/E ratio of 28 sits below the S&P 500 average of 30 and is cheaper than every other Magnificent Seven stock except Meta Platforms (NASDAQ: META). Alphabet appears to be doubling down because demand isn't slowing — it's accelerating. With broad-based growth, rapidly scaling AI and cloud businesses, and now the backing of Warren Buffett, Alphabet's next chapter looks like it's just getting started.
| 
