Ed Kalengi

Bloomberg's Amy Morris reports from Washington.

Warren Buffett's Berkshire Hathaway has acquired 17.9 million shares of Google Parent Alphabet during the third quarter, while further trimming its holdings in Bank of America and Apple.

Berkshire's Alphabet stake, representing 0.31% of the outstanding shares...

was worth about $4.9 billion as of the market close.

Buffett, who plans to step down as chief executive officer at year-end, has been finding ways to deploy some of Berkshire's cash pile, which rose to a record $382 billion at the end of the quarter.

Google plans to invest $40 billion in three new Texas data centers, ramping up its footprint as competitors such as OpenAI and Anthropic map out their own multi-billion dollar bets in the state.

The investment will be made through 2027.

One data center will be in Armstrong County in the Texas Panhandle and two in Haskell County, a stretch of West Texas near Abilene.

One of the Haskell facilities will be co-located with a new solar and battery energy storage plant designed to ease the impact on the power grid.

Federal Reserve Bank of Dallas President Lori Logan signals she will not support another interest rate cut unless the data warrants it.

Dallas Fed President Lori Logan.

And Walt Disney and YouTube have reached an agreement to restore channels such as ABC and ESPN to the online video service.

The multi-year deal includes Disney's full channel lineup and access to the recently launched online version of ESPN.

The Friday numbers on Wall Street.

The Dow lost 309.

NASDAQ gained 30.

The S&P dropped three.

The 10-year Treasury yield is at 4.15%.

The two-year Treasury yield stands at 3.60%.

Bitcoin fell below $95,000 for the first time in about six months as a bout of risk aversion sweeping across markets saw investors pull nearly $900 million from funds investing in the token.