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Intel Shares Plunge 18% As It Plans Layoffs, Halts Dividends After Missing Q2 Estimates
Intel will deploy over a $10 billion cost-cutting plan to strengthen its balance sheet and accelerate plans for AI chips and the foundry business.
Nancy Pelosi Discloses Buying 10,000 Nvidia Shares After Bipartisan Senators Introduce Bill to Ban Trades
The former House Speaker's latest purchase of 10,000 Nvidia shares follows an additional purchase of 10,000 Nvidia shares in June, despite mounting pressure on Congress to ban these trades.
Can AI Truly Self-Improve? New Findings Show Human Data Crucial for AI Advancement
Despite significant advancements in large language models, one major limitation is that they cannot train their own content to improve intelligence.
Goldman Sachs Expects Market Sentiment To Support Smaller Firms, Sees Upside of up to 165% for Two Biotech Stocks
Goldman Sachs analysts believe small- and equal-weight benchmarks will keep outperforming unless Q2 reports of big tech companies lead analysts to bump their sales forecasts for the latter half of this year and 2025.
These Two Market Indicators Are Flashing Warning Signals For US Stocks
The Cboe Volatility Index jumped to a three-month high of 18.46 while Warren Buffett's time-tested stock market valuation indicator reached record levels of 200%.
Four Executives Who Helped Nvidia Lead The AI Race and Return 750% In Stock Gains Since Early 2023
Over 29,000 people work at Nvidia globally, each having an important role. However, some stand out due to their leadership qualities, resilience, and innovations.
Fund Manager Overseeing Top-3% Growth Funds Shares A Proven Strategy to Navigate the AI Boom
Ankur Crawford manages Fred Alger Management's top growth funds that invest heavily in tech stocks and have returned over 40% in 2023.
The Last Time This Warren Buffett Indicator Reached This High, A Painful Year-Long Bear Market Followed
Berkshire Hathaway Chairman Warren Buffett's stock market valuation indicator reached an all-time high of 200% last week, implying extreme stock valuations.
Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec
Nvidia continues to witness high demand for its AI GPUs and will start disclosing ROI metrics for end users from the next earnings call onwards.
Rep. Marjorie Taylor Greene Diversifies Portfolio with Investments in AI, Apparel, and Energy Stocks
Rep. Marjorie Taylor Greene is among several Congress members who are actively trading in the stock market. She maintains a diversified portfolio and has executed 145 trades since 2021.
Wall Street Billionaire Investors Dumped Nvidia Shares in Q1, Bought These Three Stocks Instead
Nvidia continues to innovate AI GPUs and maintains a strong balance sheet, but hedge fund managers see several headwinds for the company in the coming months.
Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023
Amazon's price-to-earnings ratio was 53.98 as of July 15, compared to 309.88 in late June 2023. The company is rapidly reducing operational costs through robotics, AI integration, and improving worker safety.
Compassiviste Publishing Explores Human Progress and Future Consequences With 'The Dystopian Utopia'
The Dystopian Utopia" is a speculative fiction with historical elements tackling humanity's journey through progress, conflict, and environmental damage
Nancy Pelosi's Portfolio Returned Over 700% In a Decade: Copy Her Investment Strategy Here
Nancy Pelosi and several members of the US Congress have tech-heavy investment portfolios that have generated triple-digit returns over the past decade.
TikTok Exec Reveals Why She Regrets Buying a New Tesla Despite Her $400,000 Salary
Sora Lee increased her income by ten times in just over a decade. Still, payments on debts and lack of control over discretionary expenses are becoming a drag on her monthly budget.
Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels
Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.
Vishwanadham Mandala's AI-Driven Revolution in the Automotive Industry
Vishwanadham Mandala is a pivotal figure in the automotive industry, driving significant change with over two decades of experience
JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end
JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.
Palantir's Year-long Rally Gains Momentum After Expanding Partnership with Voyager Space
Palantir Technologies shares have gained over 50% year-to-date amid the AI boom as revenue from government contracts and commercial clients continues to increase steadily.
Hedge-fund Manager Says Nvidia Will Hit a $6 Trillion Valuation by Year-end
EMJ Capital founder Eric Jackson believes Nvidia shares are trading at a cheap valuation and will hit $250 by 2024-end as investors focus on Blackwell products and next year's earnings.
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm
The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.
Nvidia's Meteoric Rise Drove Shares of These Three Suppliers Over 30% Year-to-date
A high demand for semiconductor products that power AI-based services is leading Nvidia to diversify its chip foundry partners, benefitting leading chipmakers worldwide.
Steve Cohen's Point72 to Raise $1 Billion for Launching AI-focused Hedge Fund
Steve Cohen recently revealed he is bullish on AI and believes it can significantly improve productivity in companies across industries.
Nvidia, Uber, Porsche Invest In Toronto-Based Autonomous Trucking Startup, Waabi's $200 Million Funding Round
Waabi's oversubscribed funding round comes when the autonomous sector grapples with safety challenges and regulatory roadblocks.
'Big Short' Investor Steve Eisman, Who Predicted '08 Market Crash, Says To Hold On To Apple Stocks
Steve Eisman believes that the demand for AI and infrastructure is pushing the economy to new heights, and Apple has a central role in it.
Top Warren Buffett-Backed Companies to Watch in 2024
Warren Buffett's Berkshire Hathaway invested heavily in Apple, Amazon, and Chubb in this new decade. A massive stake in Chubb was kept a secret until recently.
Analysts Share Diverging Views on Best Buy, Poised To Benefit From Demand For AI-powered Hardware
Best Buy's sales can get a boost from tech giants focusing on building and selling hardware that supports AI software amid rising demand, but electronics' susceptibility to softer sales remains.
Steve Cohen's Point72 Ups Stake in Boeing by Over 400% in Q1, Opens New Position in Broadcom
Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.
George Soros's Fund Sells Uber, Novo Nordisk in Q1 to Focus on AI, Construction, and Apparel Stocks
Soros Fund Management made several changes to its portfolio in Q1, increasing stakes in Alphabet, Nike, and D.R. Horton.
Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake
Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.