$ALAB Astera Tape Reports
Per Ticker.id: $ALAB Astera Tape Reports — 2 podcast mentions across 2 podcasts (30 days), latest 2026-08-17 15:30 UTC.
Welcome back. We are about 30 minutes into the hour here. 3 big movers we're watching this morning. First up, Astera Labs higher on an upgrade from Northland, which takes the stock to outperform here. The price target also hiked to $350 from $225, representing about 9% upside. Analysts bullish on what they call a, quote, longer than expected infrastructure infrastructure spending cycle and positive earnings revisions. That stock up about 3.3% right now. Then L Harris falling after the company announced its CEO is stepping down after a code of conduct violation. The company did reaffirm full-year guidance, but that stock down more than 3% right now. And we're watching shares of Alphabet. Berkshire Hathaway bolstering its stake in Google's parent company during the second quarter, according to the firm's 13-F filing, which shows positions as of the end of June. Berkshire Hathaway had purchased $7 billion of Alphabet during Q2, and that is in addition to the $10 billion the firm invested in a private placement as part of Alphabet's upsized $85 billion equity capital raise in early June. The firm now holds about $37 billion in Alphabet, its third largest holding behind only American Express and Apple. Berkshire Hathaway is now one of Alphabet's top 10 investors as well. Quarter to date, Alphabet declined about 3%, but it's up about 9% this year or so. Also in the quarter, Berkshire boosted its stake in Delta by about 44% to hold more than $5 billion worth of the airline. The firm also paring back some financials exposure, selling a bit more of Bank of America as well as Ally Financial. Its Capital One holding was cut in have here, guys.
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