Alpha Wealth Funds' Insiders Fund reduces Alphabet (GOOG) position, citing market's intolerance for aggressive AI spending
Alpha Wealth Funds' "Insiders Fund" stated in its Q2 2026 investor letter that it has reduced its position in Alphabet, believing the market will not tolerate the company and other hyperscalers spending all free cash flow on data centers for the next two years. The fund noted Alphabet's recent $80 billion stock offering for AI infrastructure has shifted it from a cash-generating asset to a capital-intensive one, weighing heavily on the stock. The fund underperformed the S&P 500 in Q2, partly due to its ~30% concentration in Alphabet.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
-
2
Gold fell 2.66% from its previous close, currently trading at $3,881.04.
-
3
Citadel Securities has poached Matthew Zimmerman from Diameter Capital Partners to head investment-grade corporate bond trading.
-
4
Google DeepMind has launched Gemini 4 Hydrogen, with pricing set at $1.50 and $7.50 per million tokens for input and output, respectively.
-
5
What is RCN coin? Where to trade and buy RCN coin?
-
6
What is HNW coin? Where can HNW coin be traded and bought?
-
7
Microsoft services suffer widespread outage impacting thousands of users in North America; Amazon Web Services and Google users also report disruptions
-
8
September Ethereum Price Outlook: Can Polymarket's $2,600 Target Be Achieved?
-
9
How Will BlackRock's Staked Ethereum ETF Impact the Ethereum Ecosystem on Its First Day with $15.5 Million in Inflows?
-
10
What is BFT token? Can BFT token be held for the long term?
Markets Today
Recommended Reading




