Invest in tech giants for their dividends. Sales and revenue growth might already be baked into current valuations, but dividend growth might not be. The trillion-dollar stocks Microsoft Apple Amazon.com Alphabet Meta Platforms and Nvidia have accounted for almost half of the $9 trillion-plus gain of the over the past 12 months.
Weitz Investment Management, an investment management firm, released its “Large Cap Equity Fund” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund’s Institutional Class returned +7.79% compared to a +10.30% return for the Russell 1000 Index. The Fund’s Institutional Class has returned +31.94% for the […]
Alphabet's Google and augmented reality startup Magic Leap are forming a strategic technology partnership and working on building immersive experiences that blend the physical and digital worlds. Magic Leap said in a blog post on Thursday that the two companies have agreed to a partnership. A Google spokesperson confirmed the agreement.