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After Months of Watching AI Innovation ETFs Run These 3 Active Funds Stand Out and the Revolution Has Barely Started
24/7 Wall St.65d agoneutral
After Months of Watching AI Innovation ETFs Run These 3 Active Funds Stand Out and the Revolution Has Barely Started

Goldman Sachs models $765 billion in annual AI capital spending for 2026, climbing toward $1.6 trillion by 2031. That kind of multi-year buildout is the backdrop for three actively managed (or active-leaning) AI funds that have separated themselves from the passive crowd: the iShares A.I. Innovation and Tech Active ETF (NYSEARCA:BAI), the iShares Future AI ... After Months of Watching AI Innovation ETFs Run These 3 Active Funds Stand Out and the Revolution Has Barely Started

Goldman’s Future Tech ETF Turned $10k Into $15.2k While the S&P 500 Made $1.1k
24/7 Wall St.65d agoneutral
Goldman’s Future Tech ETF Turned $10k Into $15.2k While the S&P 500 Made $1.1k

A $10,000 stake in Goldman Sachs Future Tech Leaders Equity ETF (NASDAQ:GTEK) on the last trading day of 2025 was worth about $15,200 at Monday’s close, with the fund up 52% year to date through June 1, 2026. The same $10,000 dropped into the S&P 500 via the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) over ... Goldman’s Future Tech ETF Turned $10k Into $15.2k While the S&P 500 Made $1.1k

Investing.com65d agoneutral
Illinois governor to pause data center tax breaks amid AI concerns

Investing.com -- Illinois Governor JB Pritzker plans to temporarily stop processing applications for tax breaks offered to data centers seeking to build in the state, according to a report by NBC News on Friday. The pause will begin July 1 and is part of an effort to develop new rules for how these facilities should operate.

The Tech Stock Everyone Wrote Off Just Quietly Built a $553 Billion Backlog
24/7 Wall St.65d agoneutral
The Tech Stock Everyone Wrote Off Just Quietly Built a $553 Billion Backlog

Ten years ago, Oracle (NYSE: ORCL) was the database company everyone respected but few investors loved. It had missed the first wave of cloud, ceded ground to Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOGL), and seemed destined to be a slow-growth dividend payer. A decade later, it is one of the most aggressive AI infrastructure ... The Tech Stock Everyone Wrote Off Just Quietly Built a $553 Billion Backlog

The Chip ETF That Turned a $10k Bet Into Nearly $20k This Year
24/7 Wall St.65d agoneutral
The Chip ETF That Turned a $10k Bet Into Nearly $20k This Year

If you put $10,000 into Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) on the last trading day of 2025, you are sitting on about $19,400 this morning. The same $10,000 in the S&P 500 (via SPY) is worth roughly $11,140. SOXQ is up 94% year to date through June 2, 2026, against 11% for SPY. The headline ... The Chip ETF That Turned a $10k Bet Into Nearly $20k This Year

Vanguard’s $223 Billion Growth ETF VUG Is Quietly Beating Most Large Cap Active Funds at One Tenth the Cost
24/7 Wall St.65d agobullish
Vanguard’s $223 Billion Growth ETF VUG Is Quietly Beating Most Large Cap Active Funds at One Tenth the Cost

The pitch for Vanguard Growth ETF (NYSEARCA:VUG) sits at the cheap end of a long-running debate about whether active stock pickers can beat an index dominated by mega-cap growth names. VUG charges 0.03% and currently holds about $234 billion in assets, tracking the CRSP US Large Cap Growth Index via full replication. For a 52-year-old ... Vanguard’s $223 Billion Growth ETF VUG Is Quietly Beating Most Large Cap Active Funds at One Tenth the Cost

Amazon, Microsoft employees demand urgent answers from big tech
TheStreet65d agoneutral
Amazon, Microsoft employees demand urgent answers from big tech

The four largest technology companies in the world are collectively making approximately $725 billion on capital expenditures in 2026, the overwhelming majority on AI infrastructure. In the same period, those same companies have laid off tens of thousands of workers. Meta's CEO told staff directly ...

Billionaire Investor Bill Ackman: Buying Microsoft, Meta, and Amazon Today Could Be Like Adding Buffett’s Berkshire Hathaway 25 Years Ago
24/7 Wall St.65d agobullish
Billionaire Investor Bill Ackman: Buying Microsoft, Meta, and Amazon Today Could Be Like Adding Buffett’s Berkshire Hathaway 25 Years Ago

Billionaire investor Bill Ackman of Pershing Square has laid out one of the more provocative big-cap calls of this AI cycle. On the All-In Podcast, he argued that today’s mega-cap incumbents are being treated the way the market treated Warren Buffett’s empire, Berkshire Hathaway, at the peak of the dot-com bubble: as yesterday’s story while ... Billionaire Investor Bill Ackman: Buying Microsoft, Meta, and Amazon Today Could Be Like Adding Buffett’s Berkshire Hathaway 25 Years Ago

The S&P 500 Snubs SpaceX as Elon Musk Describes a Coming ‘Massive Growth Phase’
24/7 Wall St.65d agoneutral
The S&P 500 Snubs SpaceX as Elon Musk Describes a Coming ‘Massive Growth Phase’

Elon Musk used a JPMorgan-hosted investor event this week to pitch SpaceX as entering a new chapter, telling Jamie Dimon that the company is “embarking on a massive new growth phase, and we need capital for that.” The IPO is scheduled to price on NASDAQ on June 12, 2026. S&P Global declined to change its ... The S&P 500 Snubs SpaceX as Elon Musk Describes a Coming ‘Massive Growth Phase’

LinkedIn co-founder Reid Hoffman to step down from Microsoft's board
Reuters65d agoneutral
LinkedIn co-founder Reid Hoffman to step down from Microsoft's board

Reid Hoffman, billionaire co-founder of networking website LinkedIn, has ‌decided not to stand for re-election ‌to Microsoft's board of directors at its 2026 ​annual shareholder meeting, the software giant said in a filing on Friday. Hoffman, who has served on the board since 2017, ‌will stay on ⁠till the meeting. In 2016, ​he sold LinkedIn ​to Microsoft for $26.2 ‌billion in what was at the time the tech giant's largest-ever deal.

Bloomberg65d agoneutral
OpenAI Would’ve ‘Imploded’ If Altman Didn’t Return, Ex-CTO Says

(Bloomberg) -- OpenAI would likely have unraveled if Sam Altman hadn’t returned as chief executive officer following his brief ouster in 2023, former tech chief Mira Murati said, offering her clearest account yet of one of Silicon Valley’s most dramatic boardroom battles.Most Read from BloombergBecerra Advances in California’s $300 Million Governor RaceSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every Cylinder‘Sell Indonesia’ Sweeps Trading Desk

3 Inflated  Stocks We’re Skeptical Of
StockStory65d agoneutral
3 Inflated Stocks We’re Skeptical Of

The stocks featured in this article are seeing some big returns. Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.

Cloud AI Update - Devenex Launches Governance Infrastructure for Enterprise AI Agents
Simply Wall St.65d agoneutral
Cloud AI Update - Devenex Launches Governance Infrastructure for Enterprise AI Agents

Devenex has introduced a new governance infrastructure intended to manage the execution of AI agents within enterprises, highlighting a key development in the Cloud AI sector. As AI agents increasingly perform critical tasks such as modifying financial records and approving workflows, there is a growing need for robust oversight mechanisms. This infrastructure, launched at Google Cloud Next 2026, provides enterprises with a control layer that ensures all AI-initiated actions are governed...

AI CEO On CNBC: ‘We Are Replacing Junior Employees with AI.’ The Only Solution is a Tax on AI and Robots
24/7 Wall St.65d agoneutral
AI CEO On CNBC: ‘We Are Replacing Junior Employees with AI.’ The Only Solution is a Tax on AI and Robots

On CNBC’s Squawk Box on June 4, 2026, Andrew Yang, CEO of Noble Mobile and founder of the Forward Party, made a candid admission about how AI is reshaping his own company and called for a sweeping change to how the U.S. taxes automation. When he was asked whether companies are cutting entry-level hiring because ... AI CEO On CNBC: ‘We Are Replacing Junior Employees with AI.’ The Only Solution is a Tax on AI and Robots