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I Have 90% of My Net Worth in One Stock. How Do I Diversify Without a Massive Tax Bill?
24/7 Wall St.93d agoneutral
I Have 90% of My Net Worth in One Stock. How Do I Diversify Without a Massive Tax Bill?

Ben Carlson of Ritholtz Wealth Management has flagged what he calls “one of the biggest trends that I’ve seen in the wealth management space in the last 5 years”: clients walking in the door already asking for tax-aware diversification, rather than advisors having to sell it to them. The two archetypes he cited on The ... I Have 90% of My Net Worth in One Stock. How Do I Diversify Without a Massive Tax Bill?

Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts
Bloomberg93d agobearish
Meta Moves 7,000 Workers Into AI Roles Ahead of Job Cuts

(Bloomberg) -- Meta Platforms Inc. is reassigning 7,000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes planned staff reductions later this week. Most Read from BloombergStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil Sanctio

Pitchbook93d agoneutral
NextEra, Dominion combination ushers in new era of power, utilities consolidation

On Monday, Florida-based NextEra Energy, North America’s largest investor-owned electric utility, announced it had entered an agreement to combine with Dominion Energy, creating the world’s largest regulated electric utility business. The $66.8 billion all-stock transaction is the latest evidence of growing consolidation in the US public energy and utilities sector to meet the exponential demand for power to fuel the AI buildout. Goldman Sachs estimates in a February report that global data cent

CIO touts 'AIR 7' as AI-heavy alternative to 'Magnificent 7'
Reuters Videos93d agoneutralVIDEO
CIO touts 'AIR 7' as AI-heavy alternative to 'Magnificent 7'

<body><p>STORY: "I just continue to question whether or not the 'Mag 7' has as big an influence on the stock market returns as they did in previous years," Mahn said.</p><p>He therefore turned his focus to the "AIR 7," which Mahn said stands for "AI Revolution 7," a "stock basket" that spans memory and chip production, as well as data center owners, coolers and power providers.&nbsp;</p><p>Mahn's "AIR 7" stocks include Taiwan Semiconductor, Micron Technology, Digital Realty, Vertiv Holdings and American Electric Power. Two of the Magnificent 7 stocks, Nvidia and Alphabet, round out his "AIR 7" picks.</p></body>

Alphabet (GOOGL) Among the Best Stocks to Buy for 5 Years According to Billionaires
Insider Monkey93d agobullish
Alphabet (GOOGL) Among the Best Stocks to Buy for 5 Years According to Billionaires

​Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Stocks to Invest in For 5 Years According to Billionaires. On May 15, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL) has issued 576.5 billion yen, around $3.6 billion in yen-denominated bonds, marking the largest such issuance ever by a foreign company. ​The report noted that this is the […]

Meta Platforms Is Down 11% in a Month While Alphabet Is Up 16%. What’s Going On?
24/7 Wall St.93d agoneutral
Meta Platforms Is Down 11% in a Month While Alphabet Is Up 16%. What’s Going On?

Two of the largest names in digital advertising have moved in opposite directions over the past month, and the gap is striking. Meta Platforms (NASDAQ:META) stock is down 11% over the trailing month, while Alphabet (NASDAQ:GOOGL) stock is up 16% in the same time frame. Both reported their financial results on April 29, and the ... Meta Platforms Is Down 11% in a Month While Alphabet Is Up 16%. What’s Going On?

NextEra to buy Dominion for $67 billion, betting on AI power demand
Reuters Videos93d agobullishVIDEO
NextEra to buy Dominion for $67 billion, betting on AI power demand

<body><p>STORY: :: Amazon Web Service</p><p>Two powerhouse utility companies are merging as the AI boom fuels data center demand.</p><p>:: NextEra Energy</p><p>NextEra Energy on Monday said it will buy Dominion Energy in an all-stock transaction valued at nearly $67 billion.</p><p>:: Dominion Energy</p><p>The deal is one of the biggest in the U.S. power industry, and will create the world's largest regulated electric utility company by market value.</p><p>:: NextEra Energy</p><p>:: Amazon Web Service</p><p>The transaction gives NextEra greater reach into supplying electricity to Big Tech's burgeoning data centers, with Dominion's customers including Alphabet, Amazon, Microsoft, Meta and CoreWeave.</p><p>:: Archive</p><p>It also follows an agreement NextEra made last year with Google to reopen a nuclear power plant in Iowa.</p><p>The energy sector has seen a wave of consolidation recently as rapid data-center buildout lifts power demand for the first time in two decades, opening up a lucrative revenue stream and boosting profit prospects.</p><p>:: Archive</p><p>This year, AES Corp agreed to be acquired by a consortium led by Global Infrastructure Partners and Swedish private-equity firm EQT. That followed Constellation Energy's deal for Calpine and Blackstone's purchase of TXNM Energy last year.</p><p>Monday's announcement sent shares of NextEra lower by as much as five-and-a-half percent, while Dominion's stock rose as much as eleven-and-a-half percent to its highest level since November of 2022.</p></body>

Bill Ackman Is Going All in on Microsoft. Should You Do the Same?
24/7 Wall St.93d agoneutral
Bill Ackman Is Going All in on Microsoft. Should You Do the Same?

After selling off significantly, Microsoft (NASDAQ:MSFT) looks compelling on the numbers, and Bill Ackman appears to agree. Pershing Square has reportedly been loading up on Microsoft while trimming its Alphabet (NASDAQ:GOOGL) position, a rotation worth examining because Microsoft has lagged the rest of mega-cap tech this year even as its AI business compounds at triple-digit rates. ... Bill Ackman Is Going All in on Microsoft. Should You Do the Same?

Deal Creates One Of World's Largest Utilities, Major Power Provider For AI Data Centers
Investor's Business Daily93d agoneutral
Deal Creates One Of World's Largest Utilities, Major Power Provider For AI Data Centers

NextEra Energy agreed to acquire Dominion Energy in an all-stock deal that creates the world's largest regulated utility and a major electricity provider for AI data centers. NextEra stock broke an important support level, while Dominion topped a buy point. The combined company will serve some 10 million utility customer accounts across Florida, Virginia, North Carolina and South Carolina.

SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla
Bloomberg93d agoneutral
SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla

(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and

Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27
Bloomberg93d agobearish
Apple Readies AI Writing Help, App Shortcuts and Wallpapers for iOS 27

(Bloomberg) -- Apple Inc. is preparing a wave of artificial intelligence features for its next iPhone and iPad operating systems, including a grammar checker and new shortcut options, part of an effort to narrow the gap with capabilities available on rival devices.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as

Forget Hyperscalers, These Stocks Are The New AI Plays
24/7 Wall St.93d agoneutral
Forget Hyperscalers, These Stocks Are The New AI Plays

The leading AI chip names are dominating every AI headline, and for good reason: their chips and platforms sit at the center of the buildout. But here’s what you should actually be watching. The crowded chip trade already prices in every bullish scenario investors can dream up. Retail money piles in on every dip, options ... Forget Hyperscalers, These Stocks Are The New AI Plays

Alphabet Balances Youth Safety Settlement With New AI Growth Plans
Simply Wall St.93d agoneutral
Alphabet Balances Youth Safety Settlement With New AI Growth Plans

Alphabet’s YouTube has agreed to settle a youth mental health lawsuit with a Kentucky school district, marking one of the first resolutions in a broader wave of U.S. school district cases targeting social media platforms. Snap reached a related settlement in the same litigation, which seeks to recoup youth mental health costs allegedly linked to social media usage. Alphabet, ticker NasdaqGS:GOOGL, is preparing to kick off Google I/O 2026, where it is expected to spotlight new AI features,...

5 Revealing Analyst Questions From Xponential Fitness’s Q1 Earnings Call
StockStory93d agoneutral
5 Revealing Analyst Questions From Xponential Fitness’s Q1 Earnings Call

Xponential Fitness's first quarter results fell short of Wall Street’s expectations, with revenue and non-GAAP earnings both missing consensus estimates. Management attributed the underperformance to lower digital traffic, which was impacted by significant changes in advertising platforms like Meta and Google. CEO Michael Nuzzo noted that these digital shifts reduced the company's ability to generate new member leads, while ongoing brand divestitures also played a role. On the positive side, Nuz