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. Abel also showed selective caution by trimming Bank of America shares, re-entered airlines via Delta Air Lines, and expressed optimism in housing through homebuilders like D.R. Horton. The Alphabet purchase highlights confidence in AI and cloud services as key growth drivers, with a long-term investment horizon expected.
Broadcom is building its AI business by co-designing custom chips and networking solutions for major hyperscalers under long-term contracts, unlike Nvidia which sells GPUs broadly. This approach has secured multi-year deals with companies like Google...
Google introduced the Fitbit Edge, a new wearable priced at $179.99, positioned between the Fitbit Air and Pixel Watch. It features a slim band with an OLED display for maps, notifications, weather, and music controls. The device supports Google Heal...
The Fidelity Blue Chip Growth ETF (FBCG) has been upgraded to a BUY rating due to renewed momentum in AI-related blue chip stocks and attractive valuations compared to the Russell 1000 Growth index. The ETF's portfolio is heavily concentrated, with 5...
Ray Dalio cautions that stocks have limited room for error as rising bond yields narrow the advantage of equities over bonds. He highlights that AI companies are burning cash rapidly, creating liquidity challenges despite strong earnings, with some f...
Nvidia's GPUs are in high demand as AI labs and businesses seek powerful processors, leading to a surge in neocloud providers renting these chips. Over 300 neoclouds now offer GPU rentals, growing 55% in less than a year, complementing major cloud pr...
