Why Google Stock Is Moving Today
Alphabet shares are rallying sharply today, driven by a combination of fresh institutional interest, a key content‑distribution breakthrough, and growing optimism around Google’s newest AI model, Gemini 3.
Berkshire Hathaway’s New Stake Lifts Sentiment
Google’s move began after Berkshire Hathaway disclosed a significant new position in Alphabet. A quarterly 13F filing revealed that Warren Buffett’s firm purchased roughly 17.85 million shares, valued at about $4.3 billion, making Alphabet one of Berkshire’s largest equity holdings.
Analysts noted the stake is boosting confidence in Google’s long‑term AI strategy and its ability to reignite growth. Coverage from outlets including Barron's highlighted how the purchase contributed to a surge in early trading (Barron’s).
YouTube‑Disney Deal Resolves a Content Blackout
Shares also reacted positively to news that Google reached a deal with Disney to restore ABC, ESPN, FX, NatGeo, and other channels to YouTube TV after a two‑week blackout. The standoff had removed major sports and entertainment programming, but the agreement restores the full lineup and reassures investors about YouTube TV’s competitive position.
CNBC reported that the deal “preserves the value” of YouTube TV’s offering and restores Disney’s channels immediately, ending the disruption for millions of subscribers (CNBC).
Growing Anticipation Around Gemini 3 Boosts AI Momentum
A major tailwind today is building enthusiasm for Gemini 3, Google’s next‑generation AI model. Coverage from MarketWatch noted analysts are increasingly bullish that Gemini 3 will accelerate user adoption across Google Search, Workspace, Cloud, and consumer products—strengthening the company’s AI monetization roadmap (MarketWatch).
Additional reporting from Morningstar emphasized that expectations for Gemini 3 are now seen as Alphabet’s “next big catalyst,” reflecting Wall Street’s shifting perception that Google is better positioned in the AI race than earlier in the year (Morningstar).