Altimeter Capital, led by Brad Gerstner, fully exited its 519,290 shares in Alphabet in Q1 2026, shifting its investment to two new positions: 1.7 million shares in Arm Holdings and nearly 149,000 shares in Axon Enterprise. This move reflects a strategic rotation from a high-valuation mega-cap to companies deeply involved in AI infrastructure and public safety tech. Arm, a key player in AI chip architecture, shows strong revenue growth and major customer demand, while Axon focuses on AI-driven public safety equipment and software, despite recent stock declines. Retail investors should note the shift highlights a focus on AI enablers and niche operators, though both stocks carry high valuations and volatility risks.
Google has filed a lawsuit against Outsider Enterprise, an alleged Chinese cybercrime network using AI to send scam texts impersonating Google and other brands to steal passwords and credit card data. The group reportedly scammed hundreds of thousand...
SpaceX reported $4.9 billion in losses in 2025, driven mainly by its AI division, which includes the social media app X and xAI. Despite this, its Starlink satellite internet service generated $1.19 billion in operating profit in Q1 2026 and is expec...
Google has filed a lawsuit against Outsider Enterprise, an alleged Chinese cybercrime network using AI to send scam texts impersonating Google and other brands. The group reportedly scammed hundreds of thousands of victims, causing losses estimated i...
The IPO market is seeing a shift from the traditional FAANG companies to a new group dubbed MANGOS, which includes Meta (or Microsoft), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Several of these companies are planning to go public soon, presenti...
Alphabet Inc. (GOOGL) continues to demonstrate robust revenue growth fueled by its leadership in cloud computing, data centers, and artificial intelligence markets. The company’s ventures into autonomous driving with Waymo and the expanding electric ...
