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Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’
24/7 Wall St.117d agobullish
Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Alex Sacerdote, founder of Whale Rock Capital, dropped a line on a recent Invest Like the Best episode that stopped listeners cold: “When we were buying Nvidia in 2023, we were paying 4 times earnings. When we bought Tesla in 2019 for the car S-curve, we were paying 5 times earnings. When we were owning ... Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Ripple (XRP) Is Down 38% in 2026. Will It Break Below $1 This Year?
24/7 Wall St.117d agoneutral
Ripple (XRP) Is Down 38% in 2026. Will It Break Below $1 This Year?

Ripple (CRYPTO:XRP) is down 3% over the past 24 hours to $1.14, deepening its losses for 2026 so far. The token is now down 38% year-to-date, putting the psychologically important $1 level uncomfortably close to the current price. The slide fits a broader crypto drawdown rather than a Ripple-specific catalyst. Bitcoin (CRYPTO:BTC) is down 30% ... Ripple (XRP) Is Down 38% in 2026. Will It Break Below $1 This Year?

Palantir vs. Apple: Which Stock Offers More Upside in 2026?
24/7 Wall St.117d agoneutral
Palantir vs. Apple: Which Stock Offers More Upside in 2026?

Apple (NASDAQ: AAPL) and Palantir (NASDAQ: PLTR) both posted their eighth straight EPS beat this spring, but the businesses behind the numbers could not look more different. Apple is selling more iPhone 17 units to a 2.5 billion device installed base. Palantir is signing AI deployment contracts at a pace that doubled its U.S. business. ... Palantir vs. Apple: Which Stock Offers More Upside in 2026?

Netflix Rewarded Patient Investors But the Last 12 Months Exposed Two Potential Outcomes
24/7 Wall St.117d agoneutral
Netflix Rewarded Patient Investors But the Last 12 Months Exposed Two Potential Outcomes

From DVD Disruptor to Streaming Incumbent A decade ago, Netflix (NASDAQ: NFLX) was still proving streaming could scale globally. Since then, the company has launched hit originals in dozens of languages, weathered a brutal 50.64% drawdown in 2022 after losing subscribers, then re-accelerated through a password-sharing crackdown, an ad-supported tier, and live events like NFL ... Netflix Rewarded Patient Investors But the Last 12 Months Exposed Two Potential Outcomes

Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide
24/7 Wall St.117d agobearish
Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

Shares of Qualcomm (NASDAQ:QCOM) are down 8% to $201 in Tuesday morning trading, while Marvell Technology (NASDAQ:MRVL) shares are off 10% to $260. The catalyst centers on news that ByteDance is moving forward with a custom AI silicon (ASIC) deal that touches Qualcomm directly, reshaping the merchant custom-silicon narrative across the sector. The selling action ... Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide

Anthropic Advisor Says AI Productivity Gains Are Vastly Exaggerated, Valuations Are ‘Crazy’
24/7 Wall St.118d agoneutral
Anthropic Advisor Says AI Productivity Gains Are Vastly Exaggerated, Valuations Are ‘Crazy’

Eric Ries, author of the legendary book The Lean Startup and, more recently, Incorruptible, and a governance advisor to Anthropic since 2021, delivered a sharp critique of the AI investment boom. He told CNBC’s Squawk Box on June 8, 2026, that he believed corporate AI productivity claims are largely unproven. He believes many AI-attributed layoffs are repackaged cost-cutting, and ... Anthropic Advisor Says AI Productivity Gains Are Vastly Exaggerated, Valuations Are ‘Crazy’