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Another billionaire dumps mega-cap stock for AI bet
TheStreet81d agoneutral
Another billionaire dumps mega-cap stock for AI bet

Stanley Druckenmiller is one of the most-watched money managers on Wall Street, and his Duquesne Family Office Q1 2026 13F filing just landed. The headline number is brutal for Alphabet bulls. Duquesne sold all 385,000 shares of Alphabet (GOOGL) Class A stock during the quarter. That same stake had ...

Kioxia Shares Awash in Buy Orders After AI-Driven Profit Surge
Bloomberg81d agoneutral
Kioxia Shares Awash in Buy Orders After AI-Driven Profit Surge

(Bloomberg) -- Kioxia Holdings Corp.’s shares were untraded in a glut of buy orders Monday morning after the supplier of storage for AI data centers reported soaring profit and gave an outlook that trounced expectations.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenTrump Gets Revenge on Republican Who Voted to Convict HimHow Keir Starmer Imploded a

Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis
24/7 Wall St.81d agoneutral
Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis

Whirlpool (NYSE:WHR) CEO Marc Bitzer is making one of the bluntest recession comparisons of this earnings cycle. According to the Morning Brew Daily podcast segment covering the company’s Q1 results, CEO Bitzer told investors: “This level of industry decline is similar to what we have observed during the global financial crisis and even higher than ... Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis

The $40,000 Tax Move That Comes After Your 401(k) Hits Its Limit
24/7 Wall St.81d agoneutral
The $40,000 Tax Move That Comes After Your 401(k) Hits Its Limit

A 58-year-old engineer in Palo Alto, married filing jointly, earns $750,000 a year, has already stuffed $4 million into 401(k)s and IRAs, and parks another $1.2 million in a brokerage account that holds a single S&P 500 fund. The 401(k) is maxed. The mega backdoor Roth is maxed. The next tax dollar saved has to ... The $40,000 Tax Move That Comes After Your 401(k) Hits Its Limit

Warren Buffett’s Berkshire Hathaway Just More Than Tripled Its Stake in Alphabet
24/7 Wall St.81d agoneutral
Warren Buffett’s Berkshire Hathaway Just More Than Tripled Its Stake in Alphabet

Cash is suddenly king again on Wall Street. With recession fears lingering, interest rates still elevated, and consumers showing signs of fatigue, corporate America has been preparing for rougher weather ahead. Few companies have prepared more aggressively than Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B). The conglomerate ended the first quarter sitting on a staggering $397.6 billion cash pile, ... Warren Buffett’s Berkshire Hathaway Just More Than Tripled Its Stake in Alphabet

Gold Or Oil? This ETF Decides For You When Inflation Strikes
24/7 Wall St.82d agoneutral
Gold Or Oil? This ETF Decides For You When Inflation Strikes

Energy prices in the United States just did something violent. The PCE energy index jumped 11.56% month-over-month in March 2026, which pushed headline inflation back up to 3.5% year-over-year after a year of relative calm. West Texas Intermediate ripped from around $60 a barrel in January to over $100 today. If you have spent the ... Gold Or Oil? This ETF Decides For You When Inflation Strikes

Big earnings on deck: What to watch next week
Yahoo Finance Video83d agoneutralVIDEO
Big earnings on deck: What to watch next week

Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch for the week of May 18, including Nvidia (NVDA) and Walmart (WMT) earnings, Tuesday’s Pending Home Sales report, and the release of the Fed’s April FOMC meeting minutes on Wednesday.

SharonAI Holdings, Inc. Class A Common Stock Q1 Earnings Call Highlights
MarketBeat83d agoneutral
SharonAI Holdings, Inc. Class A Common Stock Q1 Earnings Call Highlights

SharonAI Holdings, Inc. Class A Common Stock (NASDAQ:SHAZ) used its first earnings call as a Nasdaq-listed company to highlight a rapid expansion in contracted AI compute demand, new data center capacity and a growing focus on storage as part of its GPU infrastructure offering. Chairman, CEO and Co

Nvidia, Retail Earnings: What to Watch in the Next Week
The Wall Street Journal83d agoneutral
Nvidia, Retail Earnings: What to Watch in the Next Week

Traders will look backwards—and forwards—at some of the world’s biggest companies. Nvidia, the most valuable public company by market capitalization, will report earnings next week, the last of the Magnificent Seven tech companies to show investors how AI continues to transform their business.