Congressman Buys Magnificent Seven Stock, Blue Chip Stock — And a Stock You’ve Never Heard Of
benzinga_article·- Representative David Taylor disclosed several stock transactions made in August, including the sale of Microsoft and purchases of Alphabet, Procter & Gamble, and Installed Building Products. - The purchases featured major tech and consumer blue-chip stocks alongside Installed Building Products, a smaller regional company headquartered in Taylor's home state of Ohio. - Taylor has consistently timed his trades in Installed Building Products to generate profits and has executed over 200 stock trades since 2025.Jim Cramer says the data center trade is under attack. Here’s who could benefit
CNBC·- Jim Cramer stated that the data center investment thesis is facing pressure due to political pushback and stricter community requirements regarding resource usage. - This shifting landscape may cause investors to hesitate on premium valuations for traditional beneficiaries like GE Vernova and Micron. - Major technology companies such as Amazon, Alphabet, Microsoft, and Meta are positioned to benefit as they possess the financial resources to navigate stricter regulations.Google’s Chip Veteran Just Joined Anthropic
benzinga_article·- Anthropic has hired former Google TPU leader Amir Salek to support its compute infrastructure development and in-house semiconductor business. - Salek brings extensive industry experience, having previously delivered the first 7 generations of TPU solutions at Google and founded Nvidia's SoC organization. - This hiring supports Anthropic's multi-chip strategy to reduce reliance on scarce Nvidia GPUs and develop custom processors for its Claude AI models.SpaceX plans to put Nvidia-powered AI satellites in orbit next year
MarketWatch·- SpaceX plans to launch its first Nvidia-powered Starmind AI satellites by the fourth quarter of 2027 and scale operations in 2028. - The partnership aims to reduce the costs of space-based data centers using the Starship rocket and expand infrastructure for Grok. - Morgan Stanley expects SpaceX to incur $53 billion in AI-related capital expenditures in 2026 and $130 billion in 2027.Tesla (TSLA) Beats Uber and Google with Approval for a Larger Robotaxi Fleet in Nevada
Tip Ranks·- Tesla secured approval from Nevada's transportation authority to operate a fleet of up to 5,000 robotaxis. - This capacity surpasses the 1,000-vehicle permit limits granted to competitors like Google's Waymo and Uber's subsidiary Aviari. - Despite this regulatory milestone, Tesla shares dropped by over 3 % to approximately $ 351 on Monday afternoon.Here’s How Much You Would Have Made Owning Alphabet Stock In The Last 15 Years
benzinga_article·- Alphabet stock has outperformed the market over the past 15 years with an average annual return of 24.21%. - An initial investment of 1000 dollars in Alphabet 15 years ago would be worth 25,926.13 dollars today. - This historical performance highlights the significant impact of compounded returns on cash growth over time.How To Trade SPY, QQQ And 6 Mega Caps: Key Technical Levels For AAPL, MSFT, NVDA, GOOGL, META, And TSLA
benzinga_article·- The market session lacks major economic catalysts, leaving trading activity driven primarily by technical levels, Treasury yields, and positioning following the recent options expiration. - Key large-cap assets such as SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA face crucial support and resistance levels that will determine their short-term directional bias. - Traders are advised to monitor volume and price acceptance around these specific pivot points to gauge market stability and potential trend continuation or reversal.Alphabet Inc. $GOOG Shares Purchased by Perigon Wealth Management LLC
Market Beat·- Alphabet Inc. reported quarterly revenue of $119.80 billion and earnings per share of $9.11, surpassing analyst expectations. - Institutional investors like Perigon Wealth Management LLC adjusted their stakes, while the company expanded its AI infrastructure with Marvell and advanced its Waymo autonomous-driving unit. - Multiple financial analysts maintained a consensus "Buy" rating on the stock with an average target price of $415.55.TD Asset Management Inc Reduces Stake in Alphabet Inc. $GOOGL
Market Beat·- TD Asset Management reduced its stake in Alphabet Inc. by 10.1% during the second quarter, while the company reported strong quarterly earnings with $9.11 earnings per share and $119.80 billion in revenue. - Institutional investors and insiders adjusted their holdings, alongside positive developments including Rosenblatt upgrading Alphabet to a strong buy and Waymo expanding its commercial robotaxi operations. - Alphabet maintains a consensus buy rating with an average target price of $420.19, supported by robust AI infrastructure momentum and strong financial performance.Alphabet Inc. $GOOGL is Leuthold Group LLC's 2nd Largest Position
Market Beat·- Alphabet Inc. experienced notable institutional portfolio adjustments, insider stock transactions, and positive developments including strong quarterly earnings, expanding AI infrastructure agreements, and regulatory approvals for Waymo robotaxis. - The company reported strong second-quarter performance with earnings per share of $9.11 and revenue reaching $119.80 billion, while maintaining an average analyst rating of "Buy" with a price target of $420.19. - Alphabet also announced a quarterly dividend of $0.22 per share payable on September 14th, alongside significant strategic growth in its AI and cloud computing sectors.Advanced Micro Devices, Inc. $AMD Stock Position Lifted by Danske Bank A S
Market Beat·- Advanced Micro Devices, Inc. reported strong financial results for the quarter ending in August 2026, featuring record revenue of $11.54 billion and earnings per share of $1.66. - Institutional investors and major hedge funds, including Danske Bank A S and Vanguard Group Inc., adjusted their stakes while corporate insiders executed pre-arranged stock sales totaling millions of dollars. - Wall Street analysts maintain a consensus Moderate Buy rating with an average target price of $546.95, amid ongoing developments regarding AI chip competition and valuation risks.Broadcom Has Seen Its Biggest Customer Drop a Key Chip Before. History Says What the Stock Did Next.
Motley Fool·- Broadcom shares dropped about 5% after Marvell Technology expanded its custom chip agreement with Google, raising investor concerns over artificial intelligence competition. - Historical precedent shows that when Apple dropped Broadcom for in-house wireless chips, Broadcom successfully navigated the transition and grew significantly through other partnerships. - While Google is deeply tied to Broadcom's soaring artificial intelligence revenue, such customer transitions typically unfold slowly, and future earnings reports will ultimately determine the impact.Billionaires Stanley Druckenmiller and Dan Loeb Both Sold Broadcom and Piled Into This Virtual Monopoly Artificial Intelligence (AI) Stock Instead
Motley Fool·- Prominent investors Stanley Druckenmiller and Dan Loeb completely exited Broadcom while establishing positions in Alphabet to capitalize on the artificial intelligence revolution. - The investment shift reflects concerns over Broadcom's lofty valuation and intense competition, favoring Alphabet's vertical integration, proprietary silicon, and global distribution network. - Alphabet reported strong financial results with $119.8 billion in total revenue and an 82% surge in Google Cloud revenue during the second quarter.Greg Abel Just Spent $23.5 Billion on 9 Stocks for Berkshire Hathaway. Here's the Best of the Bunch.
Motley Fool·- Berkshire Hathaway invested roughly $23.5 billion to acquire shares in 9 publicly traded companies last quarter, marking its first net stock purchases since 2022. - The purchases included notable stakes in U.S. homebuilders, Japanese trading houses, and a major investment of about $15 billion in Alphabet. - Alphabet stands out as the best buy due to its high return on investment, expanding cloud profitability, and attractive valuation trading at 16.5 times forward earnings.