Alphabet's $900 million investment in SpaceX in 2015 has grown to a $94.2 billion stake as of mid-2026, marking a rare 100x return. This stake now represents 95% of Alphabet's investment portfolio and highlights the company's willingness to make long-term, high-risk bets beyond its core ad and cloud businesses. Despite SpaceX's stock volatility and the illiquid nature of this gain, Alphabet's core operations continue to grow strongly, with 24% revenue growth and a below-sector P/E ratio, making the SpaceX windfall a valuable bonus for patient investors.
In Q2 2026, Baron Global Opportunity Fund's Institutional Shares gained 26.7%, significantly outperforming the MSCI ACWI Index's 14.9% rise. The fund initiated five new positions including Alphabet and Samsung Electronics, and increased holdings in s...
AI infrastructure investments are growing faster than revenue, causing major tech companies like Broadcom to face negative free cash flow and increased debt. Despite strong AI revenue growth, Broadcom struggles with margin compression and supply cons...
Google has gained access to nearly 90% of Fortune 100 companies with its Gemini Enterprise AI but is focusing on converting this presence into revenue through a strategic partnership with Accenture. This joint venture places Accenture engineers train...
Meta's $18 billion child safety settlement requires TikTok and YouTube to adopt similar protections and pay $5.3 billion combined. Meta tried running ads on TikTok urging them to join the deal, but TikTok rejected the ads citing a ban on political co...
Alphabet and Meta reported Q2 2026 earnings with contrasting outcomes: Alphabet's cloud revenue surged 82% year-over-year, driven by strong AI infrastructure adoption and a growing search business, expanding its operating margin to 34%. Meta saw a 27...
