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Hedge fund billionaire Daniel Loeb added several mega-cap and technology companies to his Third Point LLC portfolio in the first quarter of FY26.
The investor placed his bets on Meta Platforms, Inc. and Alphabet Inc., acquiring 90,000 and 175,000 shares, respectively, in the quarter.
META: Recent Key Events
Meta posted first-quarter revenue of $56.31 billion, beating analyst estimates of $55.45 billion and adjusted earnings of $7.31 per share, beating estimates of $6.78 per share, according to Benzinga Pro.
The company expects second-quarter revenue of $58 billion-$61 billion versus estimates of $59.50 billion.
CEO Mark Zuckerberg said the company is increasing its infrastructure capital expenditure forecast for the year, citing higher component costs, particularly in memory pricing.
The company acquired Assured Robot Intelligence, a humanoid robotics startup, for an undisclosed sum, adding the team to its Superintelligence Labs research division as it advances its humanoid robotics ambitions.
The company is temporarily granting competing AI chatbot developers free access to WhatsApp in Europe as it seeks to resolve escalating antitrust concerns from EU regulators and avoid potentially billions in penalties.
Meta has started paying a limited group of creators in USDC via crypto wallets on the Solana and Polygon blockchains, beginning with Colombia and the Philippines. The program is expected to expand to more than 160 countries by the end of the year, with Stripe handling payments and USDC issued by Circle.
AI Chief, Alexandr Wang, has debunked rumors that the company’s SuperIntelligence Lab is staffed with top AI researchers who were poached from rival companies with lucrative pay packages.
Meta is moving thousands of employees into new AI-focused divisions while simultaneously cutting roughly 8,000 jobs as Zuckerberg accelerates the company’s massive AI ambitions.
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META ETF Exposure: Funds With The Biggest Weightings
Capital Group Growth ETF (NYSE:CGGR): 7.92% Weight
First Trust Dow Jones Internet Index Fund (NYSE:FDN): 8.55% Weight
Natixis Loomis Sayles Focused Growth ETF (NYSE:LSGR): 8.76% Weight
GOOGL: Recent Key Events
Alphabet reported quarterly earnings of $5.11 per share, which blew past the analyst consensus estimate of $2.62 and revenue of $109.9 billion beat the Street estimate of $106.93 billion and was up from $90.23 billion in the same period last year. The company also announced a 5% increase in the dividend.
The company said Anthropic is committed to spending $200 billion with Google Cloud over five years as part of a recent agreement.
Google is reportedly developing an AI personal agent for its Gemini app, capable of performing tasks on behalf of the user.
Alphabet and Blackstone Inc. said they are forming a new artificial intelligence cloud and data center venture in the U.S.
Trending: Avoid the #1 Investing Mistake: How Your ‘Safe’ Holdings Could Be Costing You Big Time
Google DeepMind has reportedly agreed to hire more than 20 researchers from AI startup Contextual AI and license its technology in a deal valued between $80 million and $90 million.
Google and Samsung Electronics Co. have unveiled new AI-powered smart glasses featuring Gemini integration, real-time translation and deep Android XR support, marking a major push into next-generation wearable computing.
Alphabet announced plans to raise $80 billion through equity offerings in order to help fund investments in AI compute infrastructure, citing “unprecedented customer demand.”
GOOGL ETF Exposure And Passive Flow Risk
WisdomTree US Quality Growth Fund (NYSE:QGRW): 9.02% Weight
Parnassus Core Select ETF (NYSE:PRCS): 9.70% Weight
Jensen Quality Growth ETF (NYSE:JGRW): 9.09% Weight
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Vinovest
Fine wine and rare whiskey have historically moved independently of the stock market, making them a compelling alternative asset. Vinovest manages authenticated, insured portfolios of investment-grade wine and whiskey starting at $5,000 — sourcing, storage, and insurance all handled for you.
FarmTogether
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EquityMultiple
For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000, with only ~5% of opportunities passing their due diligence process.
Fundrise
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EnergyX
EnergyX is a clean energy technology company focused on direct lithium extraction and refinery technologies for the lithium-ion battery supply chain. Its proprietary DLE systems are designed to recover lithium from brine resources more efficiently and with less environmental impact, supporting efforts to expand lithium supply for electric vehicles, grid-scale storage, and other battery applications.
American Hartford Gold
American Hartford Gold is a precious metals dealer that helps clients buy physical gold and silver coins and bars, either for direct delivery or within self-directed precious metals IRAs. The company’s services include gold and silver IRAs, IRA rollovers, and home delivery of bullion, giving investors a way to use tangible metals to diversify portfolios and seek protection against inflation and market volatility.
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