Noam Shazeer, Google's vice president of engineering and co-lead of its Gemini AI models, announced he is leaving Google to join OpenAI. Shazeer had returned to Google in August 2024 as part of DeepMind after co-founding the AI startup Character.AI. His departure highlights the intense competition among tech giants for top AI talent. This move comes shortly after Google introduced new AI products and as OpenAI prepares for its upcoming IPO, signaling a dynamic phase in the AI industry.
JPMorgan's Nasdaq Equity Premium Income ETF (JEPQ) pays a high yield mostly from option-premium income taxed as ordinary income, not qualified dividends. Holding JEPQ in a taxable account at a 24% tax bracket can cost $12,000 annually in taxes on $50...
Berkshire Hathaway's new CEO Greg Abel is actively reshaping the portfolio, focusing on big tech and consumer franchises that Warren Buffett once missed out on. In Q1 2026, Abel significantly increased holdings in Alphabet, which showed strong earnin...
In Q1 2026, Alphabet reported $109.9 billion revenue with strong 63% growth in Google Cloud and a massive $460 billion backlog, highlighting its diversified AI-driven business. Meta posted $56.3 billion, driven by a 33% rise in advertising, but faced...
The top ten US technology stocks now represent nearly 40% of the S&P 500's market capitalization, the highest concentration since the late 1990s dotcom bubble. This surge is driven by giants like Microsoft, Apple, NVIDIA, Amazon, Alphabet, and Meta, ...
Samsung Electronics is attracting growing interest from companies like BYD, AMD, and Google for advanced chip manufacturing due to capacity constraints at Taiwan Semiconductor Manufacturing Company (TSMC). These potential orders include processors fo...
