Today, large tech companies don’t just dominate the returns of major stock indices; they also dominate discussions about ethical uses of technology, including artificial intelligence (AI). From 2022-2025, the seven largest tech companies collectively accounted for more than half of the returns of the S&P 500. But big tech companies have also made headlines through their contracts with the US Department of Defense (DoD), US Immigration and Customs Enforcement (ICE), the Israeli Defense Forces (IDF), and state-owned entities in Russia and China.
Friends Fiduciary
Friends Fiduciary Welcomes New Executive Director
Last month Friends Fiduciary named a new Executive Director: Ethan Birchard. PYM, as well as many meetings, Friends schools, retirement communities, and other Quaker organizations trusts Fiduciary to invest funds and advocate for change in a way that is in alignment with Quaker testimonies. The announcement letter from Bennett Lomax (Doylestown Meeting), board chair for Fiduciary, shares some information about Ethan and welcomes him to the role.
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