A record surge in equity supply is expected in 2026, with mega-IPOs like SpaceX, OpenAI, and Databricks combined with lockup expirations potentially flooding the market with over $700 billion in new shares. This surge coincides with the S&P 500 reaching an all-time high of 7,609 and a Shiller CAPE ratio near 42, indicating an extremely rich market. Historically, such large voluntary equity supplies cluster at market tops and often precede significant price declines, especially impacting newly issued shares rather than broad market indices. Investors should be cautious as the 2021 IPO and SPAC classes lost over 60% after their peaks, suggesting similar risks ahead for the 2026 wave.
In June, Google maintained steady user growth with 2.2 billion daily active users, while AI competitors Claude and Gemini saw sharp increases, growing 9% and 7% respectively. Gemini added the most daily users, gaining 8 million, followed by ChatGPT a...
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
