The S&P 500 earnings yield reached 5.03%, its highest level since late March 2026, a setup similar to the period before a major equity rally in April and May 2026. This increase, combined with a price-to-earnings ratio below 20, suggests potential positive momentum for the market. Key upcoming events include the Federal Open Market Committee meeting on July 29 and earnings reports from Microsoft and Amazon later that week. Investors should watch for distortions in earnings per share due to gains from Anthropic and other mark-ups from companies like Alphabet, particularly in segments like Waymo, YouTube, and SpaceX, distinguishing between operating and non-operating income.
The Vanguard Information Technology ETF (VGT) excludes major tech-adjacent companies like Alphabet (Google), Meta, and Amazon due to a 2018 sector reclassification that moved these firms out of the Information Technology sector. Instead, VGT focuses ...
Leading US AI companies like Google, Microsoft, Meta, Oracle, and Amazon are driving economic growth with heavy capital spending. However, their rapid investment and financial moves, including Alphabet's $80 billion equity raise and unclear AI spendi...
In July, President Donald Trump disclosed 1,156 securities transactions totaling between $79 million and $270 million. The largest trades included sales of Microsoft and Amazon shares worth between $5 million and $25 million each on July 20. This act...
Steve Eisman, known for predicting the subprime crisis, warned that 70% of AI revenue among major cloud providers comes from just two companies, OpenAI and Anthropic, with OpenAI potentially facing trouble. This concentration risk raises concerns abo...
IREN has secured over 5 gigawatts of power capacity with major contracts totaling $13.1 billion from Microsoft and NVIDIA, positioning it as a key player in AI infrastructure. Despite this, the company reported a $684 million net loss in Q4 with reve...
