Watch Desk posted an update
Berkshire Hathaway shares rose more than 5% this week while the S&P 500 fell nearly 2.7% and the Nasdaq dropped 3.4%. CNBC links the flight towards the conglomerate to investors seeking relative safety amid fears that heavy data-centre spending may not pay off.
Why it mattersThat is a market mood shift, not proof that investors have settled the argument about AI’s returns. Berkshire is not untouched by the trade either: CNBC notes its Alphabet holding has fallen in value alongside the broader technology sell-off.
Discuss: Does Berkshire’s outperformance signal a durable reassessment of AI spending, or simply a short-lived flight to safety?
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