Berkshire’s Shock Move: Buffett’s Empire Bets Big on Delta and Google While Dumping Amazon & Visa
Berkshire Hathaway surprised Wall Street with a dramatic portfolio shake-up in early 2026. Under the leadership of Greg Abel, the company returned to the airline industry with a massive $2.65 billion investment in Delta Air Lines and sharply expanded its stake in Alphabet, now valued at roughly $16.6 billion. Berkshire also boosted positions in The New York Times Company and opened a new investment in Macy’s.
At the same time, the conglomerate cut ties with several major names, selling shares of Amazon, Visa, Mastercard, and UnitedHealth Group. The aggressive repositioning signals a new era for Berkshire after Warren Buffett stepped back from day-to-day portfolio management, with investors closely watching how Abel reshapes one of the world’s most influential investment empires.