See the full story in the original article.
Read the original on Yahoo Finance ↗
Keywords
artificial intelligenceretireesJeff Bezospersonal finance
Open a keyword to see other news on the same topic.
Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.6T |
| Close on 11/03/2026 | 250.69 |
| Change that session | +2.06% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- ‘Hard to Know If We’re in an AI Bubble’ Jeff Bezos Says, But Should a Retiree Buy AI Stocks? — ‘I Would Usually Tell a Retiree to Buy the S&P 500’
In an October 7 interview with Fox News host Bret Baier, Jeff Bezos said it is hard to know whether AI is in a bubble, but the technology itself is real. He noted that in such periods every experiment gets funded, good and bad alike, making it hard for investors to tell them apart, even though the inventions themselves persist. The article cites a JPMorgan basket of 41 AI-linked companies that accounts for roughly 49% of the S&P 500's market value, and says the five largest hyperscalers are guiding toward about $800 billion in 2026 AI infrastructure spending, while the cleanest measures of above-trend AI revenue remain only a fraction of that. Asked about retirees, Bezos said he would usually tell them to put their money in the S&P 500, a broad, low-cost index that already holds major AI companies in proportion to their size, an approach Warren Buffett and other long-term investors have long advocated.
- Jeff Bezos Says Retirees Should Buy the S&P 500 Instead of AI Stocks — but That Could Be Riskier Than You Think
Jeff Bezos said he would usually advise retirees to put money into the S&P 500 rather than AI stocks, while calling AI transformative and noting that picking winners is hard. The article says the index is concentrated: the 10 largest companies make up about 40% of its value, according to State Street's October 2026 holdings data. For $10,000 invested in SPY, roughly $4,000 sits in those 10 companies, with Nvidia at nearly 8% and Amazon at nearly 4%. Charles Schwab's September 2026 analysis put information technology at 39.7% of the S&P 500. The article also outlines alternatives such as RSP, which allocates about 0.2% to each constituent with quarterly rebalancing, plus international equities, smaller companies, bonds, and cash or short-term bonds for near-term expenses.
- ‘Hard to Know If We’re in an AI Bubble’ Jeff Bezos Says, But Should a Retiree Buy AI Stocks? — ‘I Would Usually Tell a Retiree to Buy the S&P 500’
Jeff Bezos says it is hard to know whether AI is in a bubble, but that the technology is real. He argues that in such periods every experiment gets funded, good and bad ideas alike, making it hard for investors to tell them apart. The article notes that a JPMorgan basket of 41 AI-linked companies accounts for roughly 49% of S&P 500 market value, and the five largest hyperscalers are guiding toward about $800 billion in 2026 AI infrastructure spending, while AI-related revenue remains a fraction of that. Asked whether a retiree should own AI stocks, Bezos said he would usually tell a retiree to buy the S&P 500, a broad, low-cost index that already holds major AI companies in proportion to their size.
- Fewer Families Own Stocks Directly, 19.0% in 2025, but Their Typical Holding Jumped 83% to $30,000
The Federal Reserve's newest Survey of Consumer Finances shows the share of families directly holding individual stocks fell from 21.0% in 2022 to 19.0% in 2025. Among families that still held shares, the median holding rose 83%, from $16,400 to $30,000 in 2025 dollars, while the mean was $524,300 because a few large portfolios pull it up. The article cites rising stock prices and a possible factor that families leaving the market tended to have smaller accounts, alongside heavy concentration: the top 1% by wealth held 50.9% of household corporate equities and mutual funds in Q2 2026, versus 0.6% for the bottom 50%. For retirees holding individual stocks, the article flags concentrated positions, underestimated overall stock exposure, and capital gains taxes that can keep concentrated holdings in place longer than planned.
- Microsoft Offers Voluntary Exits to 60,000 Workers. After 37 Years, He Risks Losing a 401(k) Tax Break With One IRA Rollover
Microsoft offered voluntary exits on October 26 to about 60,000 eligible employees in the U.S., Canada, India and Britain. Using a hypothetical 62-year-old with 37 years at the company, the article describes a $1.2 million 401(k) that includes $250,000 of Microsoft stock. Under net unrealized appreciation (NUA) rules, the example pays $42,400 in federal tax, versus $55,000 if the shares go into a traditional IRA, a $12,600 difference before other effects. The benefit requires distributing the whole balance from qualified plans within one tax year after a qualifying event, such as leaving the employer or reaching age 59½, and it is lost once shares move into an IRA. The article also notes that the timing of income and later sales can affect Medicare premium surcharges.
- BUFR Holders Left $62,250 on the Table on a $300,000 Position While Chasing Calm
BUFR fell at most 8.76% from October 22, 2021 to October 23, 2026, compared with a worst drop of 11.98% for VOO during April 2–8, 2025, and had a lower daily standard deviation (0.659% versus 1.064%). Even so, a $300,000 position grew to $477,300 in BUFR, versus $539,550 in VOO over the same window, a $62,250 gap. The author attributes the gap to the fund's structure: it tracks the S&P 500's price return, so dividends are excluded, and in exchange for downside protection it gives up gains above a set level. Over five years, BUFR returned 59.1% versus 79.85% for VOO, and over the year ending October 23, 2026, it returned 11.57% versus 14.45%. The author says BUFR suits retirees or near-retirees who tend to sell during sharp downturns, and suggests investors compare the fund's cost with their own account history.
Related markets
Latest news
- Stock Market Today: Nasdaq Craters 3% As Chips Sell Off; Arm Misses Key Metric (Live Coverage)
The Dow Jones index rose on Thursday following a postelection rally. Shares of Cava and Dutch Bros plunged on their earnings.
- Amazon and Google Could Outperform Nvidia as AI Trade Enters New Phase, Says Joseph Carlson
YouTube investor Joseph Carlson argues that Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) could outperform Nvidia (NASDAQ:NVDA) as AI investors move from companies selling hardware to those turning it into revenue. His view comes a day after Democrats swept Congress, and data-center critics also notched key wins.
- Sandisk Sinks 14%, Micron Down 10% as a Top Phone Chipmaker Blames Weak Sales on “Industry-Wide Memory Dynamics”
Sandisk (SNDK) fell 14%, Micron (MU) 10% and Seagate (STX) 12% after Qualcomm (QCOM), a top phone chipmaker, reported handset chip revenue down 26% to $5.14 billion in the quarter to Sept. 27, citing industry-wide memory dynamics. Sandisk's own Edge revenue, from phones, PCs and cars, rose 320% year over year despite 20% fewer exabytes shipped, as price drove results. Analysts still expect Sandisk's normalized EPS to more than triple to $227.80 in fiscal 2027, with multiyear contracts supporting a gross margin of about 80%. The shares trade at 4.4x forward earnings, the lowest in a year and below the 10.8x average, and the author says the selloff has run ahead of the damage.
- SK hynix Sinks 9% as Qualcomm’s 26% Handset Plunge Deepens Memory Chip Rout
SK hynix (SKHY) fell 9% after Qualcomm (QCOM) reported handset chip sales down 26% to $5.14 billion in the quarter ended Sept. 27. Qualcomm said chip costs, memory included, are rising and it is raising its own prices to match, and it expects a flat handset market in 2027. Higher memory prices lifted SK hynix's gross margin from 57.4% in the quarter to September 2025 to 85.7% a year later, mainly on conventional DRAM used in phones and PCs. Apple reported a record September-quarter iPhone result, but its inventories more than doubled to $14.5 billion, which the author reads as stocking up before memory prices rose further. SK hynix trades at 2.9x forward earnings, and contracts with 14 customers cover over half of its planned 2027-2028 capacity, though most prices are still set monthly or quarterly.
- Deputy PM: No mandatory requirement for people and businesses to switch to pure electric vehicles
The Government Office issued Dispatch No. 11281/VPCP-CN dated 5/11/2026 to the Ministry of Construction, conveying Deputy Prime Minister Phạm Gia Túc's directives on refining the Strategy for Transport Services Development to 2035, with a vision to 2050, and the Action Programme on green energy transition and greenhouse gas emission reduction in transport. The Ministry of Construction is tasked with leading the work, incorporating General Secretary and State President Tô Lâm's guidance on national logistics, and reporting to the Prime Minister before 15/11/2026. The Deputy PM stressed there will be no mandatory requirement or compulsory timetable for vehicle owners, people and businesses to switch to pure electric or other green vehicles, particularly road motor vehicles. Instead, measures will encourage a voluntary transition suited to economic and social conditions and transport infrastructure.
- Elon Musk faces a new $28.5 trillion problem after Texas upset
Shares of Space Exploration Technologies (SPCX) fell 5.5% and Tesla dropped 5.1% after Democrats won the U.S. midterm elections, raising concerns about regulatory scrutiny and possible delays to expansion of AI infrastructure. In Texas, where Musk has major operations, Gina Hinojosa defeated Republican Gov. Greg Abbott and has proposed suspending new data-center projects until stronger protections on electricity costs, water use and community concerns are in place, a move particularly relevant to SpaceX's plan to raise AI computing capacity from 1.7 gigawatts at the end of September to as much as 3 gigawatts by year-end and 13 gigawatts in 2027. Musk spent nearly $500 million supporting Republican candidates and political groups, and Democratic lawmakers may examine his government contracts and his earlier role in the Department of Government Efficiency. No statewide data-center moratorium has been enacted yet, and the financial impact remains uncertain.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.