Happy Friday!

Big Tech’s once-positive cash flows are going negative, and investors are worried. Meanwhile, with living costs rising, Americans are delaying their retirement.

We will cover those topics and more in today’s Weekly Digest.

In case you missed out, here are the articles we published over the past few days: 👇

➡️ Big Tech is funneling massive amounts of cash to their AI initiatives, and this is turning their once-positive cash flows negative. Alphabet (GOOGL) was punished by investors when capex soared.

➡️ This government contractor has delivered above-average returns over the past few years. That said, the market appears cautious about its long-term profitability.

➡️ Strong financial advice starts with understanding the problems clients want solved. For advisors, knowing those concerns can shape how they communicate their value and build relationships.

➡️ Financial expertise can open the door, but persuasion can determine whether prospects take the next step or not. Here’s why.

Meanwhile, here are other pieces of news and information that you might find interesting:

• “Zero-fee” investment accounts come with hidden annual costs, PensionBee breaks this down in a report.

• As the cost of living climbs, Americans are pushing their retirement timelines further out of financial need.

• Fannie Mae and Freddie Mac recently raised the minimum reserve requirement for the capital expenditures and deferred maintenance of condominiums.

That’s all for today’s Weekly Digest. See you next week!