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What Investors Need To Understand About Broadcom, Credo and Snowflake Earnings
24/7 Wall St.16d agoneutralVIDEO
What Investors Need To Understand About Broadcom, Credo and Snowflake Earnings

What do massive earnings beats from Broadcom, Credo Technology Group, and Snowflake really tell us about the current state of the AI trade? During a recent episode of The AI Investor Podcast, Eric Bleeker and Austin Smith discussed why stocks like Credo and Broadcom faced brutal pullbacks despite stellar numbers, while Snowflake surged on accelerated cloud and consumption growth. The two also examined forward price-to-earnings multiples, hardware versus software margins, peak earnings anxieties, and why the market is treating today's tech boom differently than past megatrends like the smartphone surge.

Spencer Jakab | Keep an Eye on Oracle Tomorrow
The Wall Street Journal16d agoneutral
Spencer Jakab | Keep an Eye on Oracle Tomorrow

Every “hyperscaler” is playing to win, whatever that means. They’ll still survive if the fortunes they’re spending on data centers earn lousy returns. But one to watch is Oracle, which reports quarterly results Thursday afternoon.

Robinhood CEO Responds to AMC Tokenization Criticism
The Wall Street Journal16d agoneutral
Robinhood CEO Responds to AMC Tokenization Criticism

Robinhood Chief Executive Vlad Tenev defended the company's push into tokenized stocks in a CNBC interview Wednesday. Tenev's remarks come on the heels of fiery criticism from AMC Chief Executive Adam Aron, whose company's shares are among those being tokenized. Tenev said companies can't control the financial products created around their shares once public.