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Business news — August 9, 2026

Business publications published on August 9, 2026 (UTC). This is a fixed calendar-day archive.

2 publications

Business Trade Commodities Equities
Aug 9, 2026, 12:57 UTC
Greg Abel Invests $19.8 Billion in Stocks, Changes Berkshire's Strategy
Greg Abel, the new CEO of Berkshire Hathaway, invested a net amount of $19.8 billion in the stock market during the second quarter, ending a more than three-year selling streak led by his predecessor, Warren Buffett. Abel spent a significant chunk of the company's massive cash pile, investing $10 billion in Alphabet and repurchasing about $4.5 billion of its shares. This marked a change in Berkshire's strategy under Abel's leadership.
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Business Trade Logistics Commodities
Aug 9, 2026, 05:14 UTC
Nvidia to Invest Up to $3 Billion in Lancium
Nvidia is set to invest up to $3 billion in Lancium, a power infrastructure developer behind the Stargate data center campus in Texas. The investment gives Nvidia a stake of around 20% in Lancium, which is also backed by Blackstone. The deal is reported to involve straight equity, with no construction credit guarantees or lease obligations.
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