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'Magnificent 7' Earnings Rush Reveals AI Spending Surge, With Hyperscaler Capex Set To Reach $725 Billion In 2026

by The Wealth Advisor Contributor
(Yahoo! Finance) - The biggest companies making the biggest artificial intelligence investments signaled Wednesday that they’re not done raising their investment ambitions to meet this moment.

Featured

Berkshire’s Ailing Share Price Clouds Abel’s First Annual Meeting As CEO

(Bloomberg) - Days before his first annual meeting as the chief executive officer of Berkshire Hathaway Inc., Greg Abel is facing a problem that seldom confronted his legendary predecessor: a floundering stock price.

Yen Soars As Japan Intervenes After Issuing ‘Final’ Warning

(Bloomberg) - The yen surged as much as 3%, its biggest intraday gain in almost two years, after Japan intervened in the foreign-exchange market, hours after officials delivered a “final” warning to investors against selling the

Beyond the Call Center: Fiduciary Trust Shows Custody Still Matters in Wealth Management

Fiduciary Trust’s custody model prioritizes speed, service, and advisor relationships—keeping operations in-house to facilitate client service.

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America's National Debt Is Now Larger Than The Entire Economy

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Companies

Apple Tops Q2 Earnings Estimates On Strong iPhone, China Sales

(Yahoo!

TAMPs

How Amplify Platform Aims to Give Advisors Their Business—and Their Sundays—Back

Most TAMPs promise efficiency. Amplify Platform is after something bigger. Built on an AI-native data lake from day one, the platform seeks to eliminate the operational drag that keeps advisors stuck reconciling spreadsheets instead of serving clients. From frictionless digital onboarding to a proprietary risk engine that simulates millions of fat-tail outcomes in under a second, Amplify is making a case that the infrastructure underneath an advisory firm matters more than most realize.

TAMPs

Scale Without Sacrifice: Envestnet on Protecting the Advisor-Client Relationship Through Growth

The RIA channel’s growth is easy to attribute to technology. Vibhaw Arya, Head of Strategic Relationships, RIAs, at Envestnet, attributes the appeal to something else entirely. In a wide-ranging conversation, Arya lays out a philosophy centered on the advisor-client relationship—and explains how integrated infrastructure, AI-powered personalization, UMA architecture, and a genuine partnership model all exist to serve that partnership. The tools change. The priority doesn’t.

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FundFocus

Bill Ackman’s Pershing Square USA Sinks 16% After $5 Billion IPO

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Inside Jack Schlossberg's Trust Fund Amid Political Campaign

Model Portfolios + Strategists

“Sleep Like a Baby” Portfolio is Delivering One of Its Strongest Years on Record

Companies

The Only Number That Matters For 'Magnificent 7' Earnings This Week: Morning Brief

Companies

Microsoft Beats But Expectations Were Steep

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