The S&P 500 and Nasdaq kept their record rallies going. Here are 3 key takeaways

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Is Alphabet (GOOGL) Still Attractive After 136% Rally And AI Investment Surge

YahooMay 2, 2026

Some investors may be wondering whether Alphabet is starting to look expensive or still offers value, even after a strong run in its share price. The stock last closed at US$385.69, with returns of 12.0% over 7 days, 29.7% over 30 days, 22.4% year to date and 135.9% over the past year, which naturally raises questions about growth expectations and risk. Recent headlines have focused on Alphabet's ongoing investments in artificial intelligence and cloud services, as well as regulatory...

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Elon Musk Testifies He 'Didn't Read' OpenAI's For-Profit Fine Print, Claims Sam Altman Misled Him: 'Can't Steal A Charity'

YahooMay 2, 2026

On Thursday, Elon Musk told a California courtroom that he backed OpenAI with millions of dollars under the belief it would remain a nonprofit focused on humanity. Musk Says OpenAI Abandoned Its Original Nonprofit Mission During cross-examination, Musk testified that while he was aware of preliminary discussions about restructuring OpenAI in 2017, he did not fully review the legal details, Reuters reported. "My testimony is I didn't read the fine print, just the headline," Musk said. The Tesla I

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Concentration Risk High as Top Two Stocks Steer U.S. Communication Services ETF Performance

YahooMay 2, 2026

The communication services sector is a concentration bet dressed up as diversification. After the 2018 GICS reshuffle pulled Meta, Alphabet, Netflix, and Disney out of technology and consumer discretionary, the sector became dominated by a handful of mega-cap platforms sitting alongside legacy telecom and traditional media. Anyone buying a passive sector fund here is mostly ... Concentration Risk High as Top Two Stocks Steer U.S. Communication Services ETF Performance