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Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure
24/7 Wall St.117d agoneutral
Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure

Apple (NASDAQ:AAPL), the most vertically integrated company in tech, is turning to Nvidia and Google Cloud to power its most advanced AI workloads. According to CNBC’s MacKenzie Sigalos, Apple software chief Craig Federighi confirmed that the company’s new frontier language model, FM Cloud Pro, will run on Nvidia GPUs hosted in Google Cloud for agentic ... Apple Will Run Advanced AI Model on Nvidia GPUs via Google Cloud, Ditching Private Infrastructure

Alphabet’s AI Spend, Waymo Expansion And Search Shifts Weigh On Valuation
Simply Wall St.117d agoneutral
Alphabet’s AI Spend, Waymo Expansion And Search Shifts Weigh On Valuation

Alphabet (NasdaqGS:GOOGL) agreed to a multi year AI cloud deal with SpaceX, paying US$920 million per month through June 2029 for access to 110,000 Nvidia GPUs. Waymo acquired a 5,500 acre autonomous vehicle testing site in Arizona that was previously used by Apple for self driving development. Google introduced Search profiles, giving publishers and creators dedicated pages in Google Search that may affect how content is discovered and monetized. These moves touch three core areas for...

Will XRP Explode? The Rare RSI Signal That Preceded Every Major Rally Just Flashed Again
24/7 Wall St.117d agobullish
Will XRP Explode? The Rare RSI Signal That Preceded Every Major Rally Just Flashed Again

The XRP (CRYPTO:XRP) price recently slid to a 15-week low and trades around $1.15, down roughly 40% this year. The current crypto market selloff has pushed XRP’s monthly RSI—a momentum gauge that smooths price action over whole months—down to about 41.6. That’s one of the lowest readings in XRP’s history, and a zone it has ... Will XRP Explode? The Rare RSI Signal That Preceded Every Major Rally Just Flashed Again

The Capex Signal That Will Make or Break IGPT in the Next 12 Months
24/7 Wall St.117d agoneutral
The Capex Signal That Will Make or Break IGPT in the Next 12 Months

The Invesco AI and Next Gen Software ETF (NASDAQ:IGPT) has had the kind of stretch that turns a niche thematic fund into a portfolio anchor: shares are around $100, up roughly 68% year to date and 121% over the past year. The fund tracks the STOXX World AC NexGen Software Development Index, powered by a ... The Capex Signal That Will Make or Break IGPT in the Next 12 Months

Veteran Hedge Fund Manager: Anthropic Targets $500 Billion Market Opportunity as ‘Just Coding Alone Has Completely Taken Off’
24/7 Wall St.117d agoneutral
Veteran Hedge Fund Manager: Anthropic Targets $500 Billion Market Opportunity as ‘Just Coding Alone Has Completely Taken Off’

Whale Rock Capital founder and veteran hedge fund manager Alex Sacerdote laid out one of the clearest bull cases for the AI buildout on Episode 477 of the Invest Like the Best podcast. His argument is that AI-powered coding is the proven unlock of the entire AI wave, and he believes the market is barely ... Veteran Hedge Fund Manager: Anthropic Targets $500 Billion Market Opportunity as ‘Just Coding Alone Has Completely Taken Off’

There's more 'adoption of options' among retail traders: Schwab
Yahoo Finance Video117d agoneutralVIDEO
There's more 'adoption of options' among retail traders: Schwab

Retail investors are piling back into AI trade leaders, according to the latest Schwab Trading Activity Index (STAX) report. Charles Schwab head trading and derivatives strategist Joe Mazzola breaks down the latest trends in retail trading activity, including how investors are reacting to geopolitical risks from the Middle East.

New Inflation Data Confirms the end of Kevin Warsh’s Honeymoon
24/7 Wall St.117d agoneutral
New Inflation Data Confirms the end of Kevin Warsh’s Honeymoon

Kevin Warsh was sworn in as the new Federal Reserve chairman on May 22, 2026, after months of tension between departing Fed chair Jerome Powell and President Donald Trump. Trump has long advocated for a reduction in interest rates to promote economic growth and provide relief to would-be homebuyers facing a difficult housing market and ... New Inflation Data Confirms the end of Kevin Warsh’s Honeymoon

Hedge Fund Investor Says Today’s AI Boom Is ‘Nothing’ Compared to 1999 Dot-Com Bubble
24/7 Wall St.117d agoneutral
Hedge Fund Investor Says Today’s AI Boom Is ‘Nothing’ Compared to 1999 Dot-Com Bubble

As concerns grow that today’s AI rally is starting to resemble the dot-com bubble, hedge fund investor Gavin Baker pushed back on that comparison during a recent appearance on the All-In Podcast. Baker argued that today’s AI boom is “a roller coaster that’s kind of a gentle sine wave” compared to 1999. Co-host David Friedberg ... Hedge Fund Investor Says Today’s AI Boom Is ‘Nothing’ Compared to 1999 Dot-Com Bubble

This Historically Cheap Cash Cow Is the Best Value and Growth Stock on Wall Street
24/7 Wall St.117d agoneutral
This Historically Cheap Cash Cow Is the Best Value and Growth Stock on Wall Street

Alphabet (NASDAQ:GOOGL) is positioned as a multi-decade compounder because it pairs a near-monopoly cash engine in Google Search with a compounding cloud and AI franchise at a valuation that, on an earnings yield basis, still trades cheaper than most of its mega-cap peers. At $363.31, the stock carries a P/E of 16 and an earnings ... This Historically Cheap Cash Cow Is the Best Value and Growth Stock on Wall Street

Up Nearly 200% Year-to-Date: 1 Blinking Red Light That Makes Marvell Technology Stock a Hold at $289
24/7 Wall St.117d agoneutral
Up Nearly 200% Year-to-Date: 1 Blinking Red Light That Makes Marvell Technology Stock a Hold at $289

Marvell Technology (NASDAQ:MRVL) at $289 is a Hold. Shares are up 240.31% year-to-date, a rally so violent that adding or trimming requires real scrutiny. Marvell designs custom AI silicon, electro-optics, and switching chips for hyperscale data centers. Q1 FY2027 data center revenue hit $1.83 billion, or 76% of total revenue, with CEO Matt Murphy citing ... Up Nearly 200% Year-to-Date: 1 Blinking Red Light That Makes Marvell Technology Stock a Hold at $289

Up 174% Year-to-Date: 1 Major Reason to Hold Off on Micron Technology Stock at $950
24/7 Wall St.117d agoneutral
Up 174% Year-to-Date: 1 Major Reason to Hold Off on Micron Technology Stock at $950

Micron Technology (NASDAQ:MU) at $949.28 is a Hold, with fresh capital better deployed on a pullback toward $760. The stock has rallied on AI memory demand, but the June 24 earnings print will test whether the run has front-loaded years of upside. Micron is the only U.S.-based memory manufacturer, supplying DRAM, NAND, and high-bandwidth memory ... Up 174% Year-to-Date: 1 Major Reason to Hold Off on Micron Technology Stock at $950