Berkshire Hathaway, under new CEO Greg Abel, ended a 14-quarter streak of net selling by purchasing 48.1 million shares of Alphabet worth $37.8 billion, making it the company's third-largest holding. This marks a strategic shift from hoarding cash to investing heavily in a tech giant with strong market dominance and cash flow. Warren Buffett, though retired, influenced the decision, emphasizing long-term value over short-term price. Berkshire still holds $365.5 billion in cash, signaling potential for more large investments ahead.
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...
Amazon and Alphabet both reported strong Q2 2026 results with AWS posting its fastest growth in 18 quarters and Google Cloud surging 82% year-over-year. Amazon's revenue reached $200.61B with AWS operating margins at 39.4%, while Alphabet posted $119...
The iShares Large Cap Core Active ETF (BLCR) has delivered a remarkable 105% price return since its launch in late 2023, outperforming peers and large-cap growth indices. Its strategy focuses on fundamentally strong stocks with high earnings growth a...
Nvidia CEO Jensen Huang announced at a Goldman Sachs conference that the company expects its revenue to grow by 70% year-over-year next year, potentially reaching around $680 billion. This bullish outlook is supported by strong demand for Nvidia's ad...
