Stock Movers Alphabet Leads Big Tech Gains, Dell Falls, StubHub Sinks
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Nov 17, 2025 Emily Grafeo, a Bloomberg News Cross-Asset Reporter, dives into the market's latest movers. She highlights Alphabet's surge following Warren Buffett's hefty purchase of shares, indicating a shift towards tech by Berkshire. Dell is on the decline after a serious downgrade from Morgan Stanley, revealing challenges in the hardware sector. Meanwhile, StubHub faces a significant drop in its stock price due to potential legislative changes regarding ticket resale, raising questions about its future in North America.
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Buffett Stakes A Claim In Alphabet
- Berkshire Hathaway bought 17.9 million shares of Alphabet, signaling confidence in Google's cash-generation and capital allocation.
- Analysts see Buffett's move as endorsement of Alphabet's value and a shift in Berkshire's tech exposure strategy.
Buying Alphabet Signals Confidence In CapEx
- Buffett's purchase reassures investors about Alphabet's capital spending and free cash flow potential.
- Market commentary frames this as part of a changing of the guard at Berkshire toward more tech exposure.
Memory Cycle Pressure Hits Dell
- Morgan Stanley downgraded Dell from overweight to underweight citing a weakening memory cycle and hardware demand.
- The downgrade pressured Dell shares and highlighted risks across hardware OEMs like HP and Pegatron.