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Meta (META) Unveils Muse Glimmer as Open-Source AI Spending Debate Intensifies

Meta Platforms (NASDAQ:META) released a new open-weight AI model called Muse Glimmer on August 10, a compact system built for agentic tasks that can run on a Mac or PC with a single graphics card. CEO Mark Zuckerberg used the launch to press Washington …

Berkshire shares climb to highest level under Abel on strong results, new stakes

Investing.com -- Berkshire Hathaway Inc. shares were trading over 2.5% higher on Monday, reaching their highest level since legendary investor Warren Buffett announced his departure as chief executive in May 2025. The stock climbed as much as 3.3% earlier in the session after successor …

Google Stock Sputters, But These Catalysts Could Spark A Rebound

Google stock is in need of a jump-start after the recent DeepMind shake-up. Robust 2026 estimates may reignite the AI giant's shares. Continue Reading

Berkshire is buying stocks under Greg Abel, but who’s really in charge?

Yahoo Finance Markets and Data Editor Jared Blikre and Breaking News Reporter Jake Conley break down Berkshire Hathaway (BRK-A, BRK-B)'s new approach under CEO Greg Abel. The company bought more stocks than it sold for the first time in three years, signaling a potential …

Analyst Warns Alphabet (GOOG) Faces Two Major AI Problems; SpaceX (SPCX) a Better AI Bet?

Alphabet shares made headlines recently after Google (NASDAQ:GOOG, GOOGL) AI division saw a series of high-profile departures. Gene Munster, managing partner at Deepwater Asset Management, recently said on CNBC that the brain drain at Google should not be ignored, arguing that the departures of …

Meta's Latest AI Move Turns Heads

This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) is escalating its challenge to closed AI ecosystems, unveiling Muse Glimmer, a 30-billion-parameter open-weight model designed to run locally on consumer hardware. The release extends CEO Mark Zuckerberg's open-source push and gives developers another way …

Jeff Bezos Nears Major Liverpool Move

This article first appeared on GuruFocus. Amazon (NASDAQ:AMZN) founder Jeff Bezos is reportedly nearing a deal to acquire a major minority stake in Liverpool Football Club, putting one of the world's richest entrepreneurs behind one of soccer's most valuable brands. The transaction would value …

Sandisk Stock Sold Off on Earnings and Was Rewarded With an Upgrade

Argus Research analyst Jim Kelleher early Monday upgraded Sandisk to Buy from Hold with a 12-month price target of $1,600. Sandisk stock advanced 2.2% to $1,238.50 on Monday. At the time, Sandisk was trading around $1,757. Continue Reading

Meta shares rise on Muse Glimmer launch and a radical AI vision

Investing.com -- Meta's stock popped 2.4% this morning following the launch of Muse Glimmer, a highly efficient, 30-billion-parameter AI model capable of running on a single GPU. Positioned as a lightweight, distilled version of the more powerful Muse Spark 1.2, Glimmer is tailor-made for …

Another Bad News For Meta Stock Fans

This article first appeared on GuruFocus. Meta (NASDAQ:META) is heading toward another major legal test as U.S. states pursue claims over the alleged effects of Facebook and Instagram on children, with a federal trial in California scheduled to start Aug. 18. The legal pressure …

Taiwan Semiconductor Manufacturing (TSM) Shares Gain Attention After Ark Adds To Position

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Ark Invest increased its position in Taiwan Semiconductor Manufacturing (NYSE: TSM) after Meta shared …

Meta's New AI Model Takes Aim at China

This article first appeared on GuruFocus. Meta Platforms Inc. (META, Financials), the social media and AI giant, launched a new open-weight model as Mark Zuckerberg tries to strengthen the company's position in an increasingly competitive AI race. Warning! GuruFocus has detected 2 Warning Sign …

Airbnb CEO: Why AI is the best thing to happen to us

Airbnb CEO Brian Chesky reveals to Yahoo Finance Executive EditorBrian Sozzi how AI is driving the company's fastest growth in years, shares his bold predictions for the future of consumer tech, and confirms the existence of a secret internal AI lab. Video Transcript 0:02 …

JPMorgan Strategists Raise S&P 500 Target as AI Capex Pays Off

(Bloomberg) -- JPMorgan Chase & Co. strategists raised their S&P 500 Index forecast for a second time in two months, citing strong corporate earnings and the payoff from massive artificial intelligence spending. Most Read from Bloomberg Iran Shakes Up Security Team After Saying Oman …

Mobile Wallet Market Report, Till 2035 Now Available — Forecasts Growth from $15.65B to $177.31B, Profiles Apple, Google, PayPal, and 15 Other Key Players

Company Logo Global mobile wallet market poised for rapid expansion as biometric security, super apps, and emerging-market digital payment initiatives reshape the competitive landscape Mobile Wallet MarketMobile Wallet Market Dublin, Aug. 10, 2026 (GLOBE NEWSWIRE) -- The "Mobile Wallet Market, Till 2035: Distribution by …

Ross Gerber Cites Data to Make a Point: Take Out Alphabet and Amazon, S&P 500 Earnings Growth Looks Far Less Impressive

Alphabet Inc.(NASDAQ:GOOG) (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) are responsible for a large share of the S&P 500'ssecond-quarter earnings growth, a concentration highlighted by investor Ross Gerber using FactSet (NYSE:FDS) data. Alphabet, Amazon Drive 71% of Earnings Increase Gerber highlighted FactSet data cited by the …

Starlink 'Unbelievable Juggernaut Cash Machine,' Says VC David Friedberg; SpaceX CEO Elon Musk Responds With $1 Trillion+ Annual Revenue Projection

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk believes Starlinkcould become a massive business, with AI and robotics driving bandwidth demand and potentially pushing annual revenue above $1 trillion. Starlink Could Become a Cash Machine Earlier this week, former Alphabet Inc.(NASDAQ:GOOG) (NASDAQ:GOOGL) executive and …

Why Is Berkshire Hathaway (BRK.B) Deploying Cash More Aggressively Under Greg Abel?

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Berkshire Hathaway (NYSE:BRK.B) under new CEO Greg Abel carried out its largest quarterly share repurchase since 2021, alongside major new equity investments. The company used …

Tencent AI Spending Key After Magnificent 7 Rout

(Bloomberg) -- Tencent Holdings Ltd.'s spending plans will draw investor scrutiny as investors cool on lavish outlays on artificial intelligence. Most Read from Bloomberg Trump Amps Up Pressure on Billionaire Sargeant to Exit Venezuela Iran Shakes Up Security Team After Saying Oman Deal 'Very …

Berkshire Earnings Were Good—Not Great. A Real Bright Spot Was This.

A highlight was the repurchase of $4.5 billion of shares in the second quarter. The figure was just $235 million in the first quarter Continue Reading

Chinese EVs blocked from US buyers are still pouring into Waymo's robotaxi fleet

Photo Credit: Getty Images Chinese electric vehicles are becoming a global force, but American drivers are still largely locked out of buying them. Even so, those same vehicles are making their way onto U.S. streets through the expanding robotaxi fleet of Waymo, Alphabet's self-driving …

Berkshire breaks 14-quarter selling streak with $23.5B of stock buys — $10B went to 1 company at a private price

On June 2, Alphabet (NASDAQ:GOOGL) set the price on $18 billion of new stock it was selling to public investors, part of an $84.75 billion effort to raise money for its artificial intelligence buildout. Anyone who got shares in that sale paid $355.1982 apiece …

Salesforce to lay off 59 employees in Seattle and Bellevue

Salesforce, a major customer relationship management platform based in San Francisco, is laying off 59 workers in Seattle and Bellevue. The layoffs will occur at the company's worksites located at 929 108th Ave. NE in Bellevue and 744 N. 34th Street in Seattle, according …

'Very little to like': Wall Street assesses surprise July jobs report as stocks jump

Wall Street is increasingly betting the latest jobs report will take a Fed rate hike off the table and give stocks room to climb. The Bureau of Labor Statistics' July labor market report showed the economy lost 23,000 jobs, far short of expectations. The …

Alphabet Inc. $GOOG Shares Bought by Chemistry Wealth Management LLC

Analysten passen ihre Prognosen für Scout24 SE (ETR:G24) nach der Veröffentlichung der Ergebnisse für das zweite Quartal an

Dala Group LLC Acquires New Shares in Alphabet Inc. $GOOGL

Allen Capital Group LLC Purchases 1,467 Shares of Alphabet Inc. $GOOGL

Earnings beats ease concerns over record U.S. stock rally - WSJ

Investing.com -- Strong second-quarter earnings from major U.S. companies have pushed stock indexes to fresh highs and eased concerns that the rally relies too heavily on a small group of artificial intelligence companies, the Wall Street Journal reported. About 86% of the more than …

What Does Oracle (ORCL) Gain From Bringing New AI Models Into Its Apps?

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Oracle (NYSE: ORCL) and Google Cloud are expanding their partnership to bring Google's Gemini AI models into Oracle's enterprise applications. The collaboration will make Gemini's multimodal AI …

Broadcom (AVGO) Pairs AI Chip Boom With A Software Security Push

Broadcom (NASDAQ:AVGO) has drawn significant market attention in 2026 for its custom AI chips. But the company's August 6 announcement of new VMware vDefend and Avi Load Balancer capabilities is a reminder that its infrastructure software business, the one built to throw off steady, …

Tenable (TENB) Widens Its AI Security Net Just As Profits Turn A Corner

On August 4, Tenable Holdings (NASDAQ:TENB) announced that it now covers every major AI platform and developer tool through its Tenable One platform, adding Google Gemini to a list that already included Anthropic Claude, OpenAI's ChatGPT Enterprise, and Microsoft Copilot. It is a bet …

Does Broadcom (AVGO) Now Lead The Biggest AI Infrastructure Spend Outside GPUs?

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Broadcom (NasdaqGS:AVGO) has become a dominant supplier for hyperscale AI clusters used by major cloud and AI providers such as Anthropic, OpenAI, and Meta. …

Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile

OMAHA, Neb. (AP) — Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren …

Berkshire’s profit doubles as equity holdings surge; buys back $4.5 bln shares

Investing.com - Berkshire Hathaway Inc. drew down its record cash pile to $364.7 billion in the second quarter as Chief Executive Officer Greg Abel ramped up stock repurchases to $4.53 billion and oversaw a doubling in net profit. The shift in capital allocation marks …

Arete Wealth Advisors LLC Lowers Stock Holdings in Alphabet Inc. $GOOGL