Technology stocks, led by the Magnificent Seven, experienced their largest single-day drop in over a year due to rising oil prices, higher interest rates, and a stronger dollar. Despite concerns about Federal Reserve rate hikes and consumer stress, economic indicators such as low unemployment claims and strong retail sales suggest ongoing economic growth. Credit approvals for lower-to-middle credit consumers have improved, and small business formation is accelerating, which counters recession fears. Investors are advised to diversify beyond tech stocks and consider tracking the equal-weighted S&P 500 for more balanced exposure.
The State Street SPDR Portfolio S&P 500 ETF (SPYM) provides a straightforward, low-cost way to invest in the 500 largest U.S. companies with an expense ratio of just 0.02%. It delivers broad market exposure with a heavy concentration in mega-cap tech...
Alphabet Inc. reported robust Q2 results featuring double-digit growth in advertising revenue, a 17% year-over-year increase in search revenue, and an 82% year-over-year surge in Google Cloud revenue. The company’s negative free cash flow is attribut...
Big Tech companies like Google, Microsoft, Meta, and Amazon are accelerating AI revenue growth but facing financial challenges as capital expenditures (capex) rise faster than operating cash flow. The company with the highest capex in 2026 has turned...
Alphabet Inc. reported a huge Q2 earnings beat with EPS of $9.11, far exceeding analyst expectations of under $3. The net income surged 298%, mainly due to $99 billion in 'other income' from valuation gains in SpaceX and Anthropic, rather than core b...
Google introduced a new biometric feature allowing users to unlock or recover their accounts using selfie videos instead of passwords. Users record a short video with guided head movements, which is encrypted and stored securely, to verify their iden...
