Alphabet Stock Soars Due to Berkshire Hathaway Acquisition
US markets witnessed a strong surge in Alphabet shares on Monday.
Alphabet, the parent company of Google,
saw its stock rise by more than 5% before the start of trading.
This sudden surge is attributed to Berkshire Hathaway's
acquisition of a significant new stake.
The company purchased more than 18 million new shares in Alphabet,
a powerful move reflecting the strong confidence
in the technology sector within the US market.
Technical Outlook for Google Stock
We expect to see continued upward movement in Google's stock.
If the stock breaks through and closes above $292,
we anticipate further gains, potentially reaching
levels close to $310 and then $320.
