Buffett Says Alphabet Can Beat 95% of Wall Street Stock Picks

Warren Buffett said Alphabet (GOOGL) is more likely to beat 90% to 95% of Wall Street stock picks, according to BeInCrypto, making the rare endorsement on CNBC’s Squawk Box. The Berkshire Hathaway chairman confirmed he initiated the position, ending speculation that CEO Greg Abel was behind the bet. Berkshire started buying in Q3 2025, added through early 2026, and bought $10 billion more in June via a private deal tied to Alphabet’s $80 billion AI raise. Alphabet shares jumped 3.65% to $370.36 after the interview, with Berkshire’s stake now topping $31 billion. Buffett called Alphabet’s planned $180 billion to $190 billion in capital spending this year “real money” but noted the company generated $174 billion in operating cash flow over the past year and grew Q1 revenue 22% to $110 billion.