Group 1 - Google launched the Pixel 10A smartphone priced at $499 [1]

Core Insights - David Tepper has significantly increased his investments in Alphabet, Micron, and Meta, while reducing his positions in Alibaba and Amazon, indicating a strong focus on AI infrastructure [1] Group 1: Investment Increases - Tepper increased his Alphabet stake by 29%, now holding nearly 1.8 million shares, with Alphabet guiding for $175 billion to $185 billion in CapEx for 2026, primarily for AI infrastructure [1] - Micron's holdings were increased from 500,000 shares to 1.5 million, a 200% increase, with Q1 FY2026 revenue of $13.64 billion beating estimates by $410 million and non-GAAP EPS of $4.78 surpassing the $4.07 consensus [1] - Tepper also raised his stake in Meta, which reported Q4 2025 revenue of $59.89 billion and EPS of $8.88, guiding for $115 billion to $135 billion in CapEx for 2026 focused on AI infrastructure [1] Group 2: Investment Reductions - Tepper reduced his position in Alibaba, which reported a 53% year-over-year decline in net income to $2.90 billion due to aggressive investments in AI and quick-commerce [1] - Amazon's position was also reduced, with the company down 13% year-to-date, despite AWS growing 20% to $33 billion in Q3 2025 [1] Group 3: Strategic Focus - Tepper's investment strategy reflects a shift away from China risk and towards companies that are heavily investing in AI infrastructure, with Alphabet, Micron, and Meta all committing tens of billions to AI CapEx [1]

Core Insights - Impax Asset Management's "Impax US Sustainable Economy Fund" reported a modest outperformance against the Russell 1000 benchmark, driven by sustainability tilts and stock-specific gains, particularly in Health Care and Financials [1] - The Fund's Institutional Class achieved a total return of 16.00% in 2025, compared to 17.37% for the Russell 1000, influenced by sector allocation and company-level developments [1] - Management maintains a cautiously optimistic outlook, supported by falling interest rates, resilient corporate earnings, and continued investment in businesses benefiting from the transition to a sustainable economy [1] Fund Performance - The equity markets remained volatile in Q4 2025 due to concerns over elevated valuations and financing for large-scale data center investments [1] - The Fund's performance was more influenced by changing market leadership than macroeconomic deterioration [1] Company Focus: Alphabet Inc. (NASDAQ:GOOG) - Alphabet Inc. was highlighted as a top performer in the Fund's portfolio, with a focus on its exposure to Digital Infrastructure and Education, Enhanced Skills & Innovation opportunities [3] - The stock experienced a one-month return of -7.78%, trading between $142.66 and $350.15 over the last 52 weeks, and closed at approximately $302.82 per share on February 17, 2026, with a market capitalization of about $3.66 trillion [2] - Robust advertising revenue growth, particularly from YouTube and Search, and double-digit growth in cloud revenues contributed to positive investor sentiment for Alphabet Inc. [3]

The London Company, an investment management company, released “The London Company Large Cap Strategy” fourth-quarter 2025 investor letter. In Q4 2025, US equities ended the third consecutive quarter of higher returns, with the Russell 3000 Index rising 2.4%. A copy of the letter can be downloaded here. The market highlighted how investors balanced the optimism on earnings growth and concerns regarding AI returns and cooling macroeconomic factors. Against this backdrop The London Company Large Cap portfolio ...

Google and Alphabet Inc. Chief Executive Officer, Sundar Pichai on Wednesday unveiled “India-America Connect Initiative”, outlining plans to deploy new subsea cable routes aimed at strengthening artificial intelligence (AI) connectivity between the two countries and multiple locations across the Southern Hemisphere.Announcing the initiative, Pichai said that the project builds on the company’s previously announced investments in India’s AI infrastructure.“Last year, we announced a $15 billion AI hub in Viza ...

Meta CEO Mark Zuckerberg is scheduled to testify on Wednesday in Los Angeles Superior Court as part of a landmark trial about social media and safety that's being likened to the industry's "Big Tobacco" moment.The trial, which began in late January, centers on a young woman who alleged that she became addicted to social media and video streaming apps like Instagram and YouTube.Lawyers representing the plaintiff contend that Meta, YouTube, TikTok and Snap misled the public about the safety of their services ...

When low labor costs aren't the primary driver of manufacturing advantage, the world might experience a dramatic economic shift – and AI could be the key, a key Alphabet executive tells CNBC.Wendy Tan White is CEO of Intrinsic, a portfolio company of Google's parent. In a Fortt Knox interview last week, she laid out the company's vision for how artificial intelligence can help robots to adapt more quickly, do more complicated work and add value. The robotics play is part of a larger AI narrative driving mar ...

谷歌母公司Alphabet公司公布了几项新举措，以支持其在印度的扩张，其中包括将印度与美国和南半球 其他地区连接起来的新光纤线路。该公司首席执行官桑达尔·皮查伊在新德里举行的 人工智能峰会上大 力宣传了公司在人工智能领域的努力。印度总理莫迪在峰会上阐述了印度能够在人工智能领域引领潮流 的愿景。皮查伊是众多支持这一努力的知名首席执行官之一。公司表示，最新推出的"美印互联"计划将 铺设新的光纤线路，以提高印度与其他国家之间的网络连接速度和可靠性。该公司此前已在 太平洋、 非洲和澳大利亚周边地区建设海底光缆。 ...

Concentrated $53.6 Billion PortfolioChristopher Hohn's flagship fund remains one of the most concentrated in the hedge‑fund universe, with the top five holdings accounting for more than four‑fifths of disclosed U.S. equities.GE Aerospace, Visa, and Microsoft continue to anchor the book, reflecting Hohn's longstanding preference for dominant, cash‑generative franchises."We back a handful of world‑class businesses and let compounding do the work" is how Hohn has often described his philosophy, a stance mirror ...

Investment Opportunities - Japan plans to invest $36 billion in U.S. oil, gas, and critical mineral projects as part of a $550 billion pledge under a trade deal with the Trump administration [3][4] - The Portsmouth Powered Land Project in Ohio will be a significant focus, generating 9.2 gigawatts of electricity annually and operated by SB Energy, a subsidiary of SoftBank Group [4] - The Texas GulfLink deepwater crude oil export facility, valued at $2.1 billion, is expected to generate $20-30 billion in annual U.S. crude exports, totaling $400-600 billion over twenty years [5] Company Developments - Palantir Technologies has relocated its headquarters from Denver to Miami, although the company did not provide a specific reason for the move [7][8] - YouTube experienced a major outage affecting over 350,000 users globally due to a glitch in its recommendation system, which has since been resolved [6][7] Market Trends - Futures for Dow, S&P, and Nasdaq are showing positive movement, with crude oil prices up 0.3% at $62 per barrel and Bitcoin increasing by 0.8% to over $68,000 [9] - Allegro MicroSystems is set to host an Analyst Day event in Boston to discuss its strategy, growth opportunities, and financial model [10]