Berkshire's $930 million Bending Spoons buy is an unexpected curveball
Berkshire bought Bending Spoons for $930 million, according to Barron's, a deal that departs from the value-stock investment strategy the company followed for years under Warren Buffett's guidance, since Bending Spoons is a pricey growth equity. Separately, IonQ stock fell 9.5% on Wednesday, in a session in which D-Wave, Quantinuum and Rigetti Computing also posted substantial declines.
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IASummary generated by artificial intelligence from a story by Barron's. It may contain errors: the original source prevails.