Alphabet introduced its first-ever listed income security, the Series A and C Mandatory Convertible Preferred stocks, paying a 6.25% annual dividend and trading on Nasdaq. This new instrument, part of the largest US equity capital raise, funds Alphabet's AI infrastructure expansion and offers income investors a defined yield until conversion to common stock in 2029. While the preferred shares provide steady income, they cap upside potential compared to common stock, appealing to investors seeking income with some exposure to Alphabet's growth. The move marks a shift from Alphabet's traditional reliance on buybacks and minimal dividends.
Microsoft's growing accounts receivable, reaching $80.9 billion in fiscal 2026, suggests it is financing its customers, particularly in AI-related contracts like with OpenAI. This trend highlights shifting power dynamics where dominant customers may ...
David Tepper's Appaloosa LP disclosed its Q2 2026 portfolio centered on five mega-cap AI-related stocks: Amazon, Micron, Taiwan Semiconductor, Meta, and Alphabet. Tepper maintained Amazon as the largest holding and trimmed Micron shares by 41%, takin...
Greg Abel, Warren Buffett's successor at Berkshire Hathaway, invested about $17 billion in Alphabet during Q2 2026, making it a core holding. This move aligns with Alphabet's strong fundamentals, including 24.2% revenue growth and a low valuation. Ab...
The U.S. 30-year Treasury yield surged to 5.33%, its highest since 2007, driven by concerns over rising government debt and inflation risks. Nasdaq plans to launch a 23-hour trading session starting December 2026, pending regulatory approval, expandi...
Google has won a $10 million bankruptcy auction for Spirit Airlines' internal business data and software, which includes around 100 million emails and 500 million Microsoft Teams messages. The data will be used to improve Google's products and AI mod...
