Meta will spend between $125 billion and $145 billion on AI infrastructure in 2026. Its free cash flow fell from $26 billion in the first quarter of last year to $1.2 billion in the first quarter of this year. Investors have been asking the same question ever since: What happens if all that computing isn’t…
Now that Warren Buffett’s reign in Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) has ended after more than six decades, attention has focused on its new CEO, Greg Abel, and how his strategies may differ from Buffett’s. Since Buffett’s departure, Berkshire has made notable moves, including exiting 16 positions in the first quarter, with giants like Visa…
The mega initial public offerings of SpaceX (SPAX.PVT) and OpenAI (OPAI.PVT) could push AI trading into bubble territory, just as rising yields make investors more demanding about growth that may take years to come. Bank of America’s Michael Hartnett estimated that adding mega IPOs to current AI leaders could boost market concentration from the current…
SpaceX has tapped Goldman Sachs for the left lead position in its initial public offering prospectus, CNBC reported. Rounding out the leading banking group are Bank of America, Citigroup and JPMorgan Chase, and Bloomberg reports that Morgan Stanley also holds a leading position. A source told the Wall Street Journal that those three banks appear…
Alphabet (GOOGL) stock is up approximately 25.34% so far this year, as of this writing, Saturday afternoon, May 16, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 Index (SPY) rose about 8.4% in the same period. Google has managed to outperform the S&P 500, but it has also outperformed other members of the Magnificent…
citi group (NYSE: C) had a great first quarter in 2026. Revenue was up 14% year over year, and earnings went from $1.96 per share a year ago to $3.06 in 2026. Given the performance of the business, it shouldn’t be too surprising to find that the stock is up more than 60% over the…
Trust is important when it comes to where you keep your money. Not all financial institutions offer the same level of financial strength, security protection or long-term stability. To help consumers identify the safest places to bank, we developed a comprehensive rating system that evaluates banks based on a variety of key factors, including asset…
When the economy feels uncertain, investors return to the companies that keep money moving. That’s what makes banks relevant. They may not always be flashy, but they are integrated into everyday financial life. Every day, people deposit paychecks, businesses seek capital, customers apply for loans, and investors still look for places to manage their wealth….
Microsoft (MSFT) is a software giant, known for its Windows operating system and its Office software suite. It is also a hyperscaler. The biggest driver of the stock is artificial intelligence. The company’s revenue comes from three different business segments. These include productivity and business processes, intelligent cloud, and more personal computing. Microsoft’s cloud computing…
At its current valuation of $852 billion (1), privately held OpenAI has been a mega winner for a select group of investors. But a recent deal with a retail-oriented brokerage has opened access to the ChatGPT creator. In a recent press release (2), Robinhood says it purchased $75 million in OpenAI common stock to add…
