We're about to witness a massive wealth transfer from retail investors to SpaceX's insiders.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Crypto is creating a parallel market where investors can value companies before they go public.
Nvidia dominates the AI accelerator market, but Alphabet just became a more serious threat.
The cryptocurrency industry's most popular meme token just plummeted to a new 52-week low.
A science that only seemed experimental just a few years ago is now an increasingly commercialized must-have.
A record send-off met an after-hours drop of as much as 8%. The market was looking past the quarter.
Nvidia stock was gaining early Wednesday after the chip maker got a vote of confidence from Elon Musk’s SpaceX It might not be hurting that its chief artificial-intelligence processor rival Advanced Micro Devices looks set for a bad day. Nvidia shares were up 2.5% at $217.30 in the premarket. The move comes after SpaceX said it would exclusively use Nvidia AI chips.
Many of Lynch's best picks came from consumer stocks.
Advanced Micro Devices shares declined before the bell on Wednesday as the chipmaker's stronger-than-expected revenue forecast fell short of lofty expectations and investors sought clearer signs that a multibillion-dollar AI spending boom will translate into faster growth. The move underscores elevated expectations facing AMD as it aims to challenge Nvidia's dominance amid intensifying competition with Intel racing to regain technology leadership after strong results. "We suspect expectations had moved higher following Intel’s results a couple of weeks ago, and the buyside already has a fairly bullish outlook," said Stacy Rasgon, analyst at Bernstein.
Sacrificing additional transparency is a dangerous game to play.
The power business now earns more profit than the famous yellow machines do.
Monthly revenue at Taiwanese contract electronics manufacturer Foxconn hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time as strong demand for AI products boosted sales, the company said on Wednesday. Foxconn, a major supplier to Nvidia and Apple, said revenue last month rose 54.2% from a year earlier to T$946.5 billion. Its cloud and networking products division, which includes AI servers, saw strong growth, benefiting from "strong pull-in momentum for AI products", the company said.
With a recent modest payout increase, Enterprise Products extends its status as one of the most venerable dividend names in the midstream space.
These growth stocks have more reasonable valuations.
Wood continues to bet big on Tesla's disruptive potential.
Before you rush to buy the dip or sell in panic, here's what really caused the sell-off, and whether now is finally a good time to start buying.
CoreWeave and Nebius both court the same hyperscaler clients with NVIDIA hardware at their core, yet their financial blueprints point toward completely opposite fates if GPU pricing shifts or interest rates bite.
Everyone is watching AI chipmakers, but the real battle may be unfolding in memory, and SK Hynix is leading the charge.
Every dollar hyperscalers spend building alternatives to Nvidia has to go somewhere, and one company keeps collecting it across custom silicon, switch fabric, and AI networking without most investors noticing.
AMD just posted data center revenue that more than doubled, yet one rival may pose a far greater existential threat to Nvidia without ever competing directly for a single GPU sale.
Now is the time to buy hyperscaler stocks as they start to break out.
(Bloomberg) -- Shares of SK Hynix Inc. advanced, lifted by an overnight rally in US chipmakers and speculation that the Korean firm may soon unveil buybacks and other details of a broader shareholder return plan. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersIran Weighs Allowing Europe to Clear Mines in Strait of HormuzTrump Discusses Iran W
The data management specialist is partnering with an artificial intelligence (AI) leader.
Both companies view robotics as a big part of their future, but Nvidia has some advantages that Tesla doesn't.
Elon Musk said SpaceX will buy chips exclusively from Nvidia going forward, passing on rival Advanced Micro Devices.
In its most recent quarter, Microsoft Cloud's revenue was $59.3 billion, up 27% year over year,
The space, satellite broadband, and AI company made a surprise announcement regarding the AI chipmaker.
Broader headwinds in the AI sector weighed on ASML as well as a pair of key news reports.