Key Points Jensen Huang stepped down as CEO of Nvidia, with CFO Colette Kress taking over in the interim. Prediction markets on Kalshi imply Nvidia may promote someone internally to take over the CEO position permanently. President Trump suggested former Apple CEO Tim Cook should take over managing Nvidia. 10 stocks we like better than…
Key Points Apple’s revenue grew from $108 billion in its fiscal 2011 to $478.8 billion in its fiscal 2026, including 15% growth last year. New CEO John Ternus is already spending in pursuit of further growth, with an R&D budget that has grown to $45.8 billion. The constraints are size and cost. 10 stocks we…
Qualcomm (QCOM) CEO Cristiano Amon thinks Elon Musk is super serious about being a major player in the cellular business with SpaceX’s (SPCX) Starlink. “If you look at Starlink and what they have done in communication, that’s a very, very important telecom business. It’s kind of a natural evolution of that,” Amon said at Yahoo…
Key Points Apple’s 31% share-price gain in 2026 demonstrates how much the market appreciates this company’s willingness to stay out of the AI spending race. The stock’s forward price-to-earnings ratio of 36.4 leaves investors with no margin of safety. It’s virtually impossible for any new devices Apple launches to have a meaningful impact on the…
Key Points Investors are excited about Apple’s new products, launching just ahead of the holiday shopping season. Some investors have worried about Alphabet’s heavy spending on AI infrastructure. 10 stocks we like better than Apple › The “Magnificent Seven” tech stocks are known for their strength in earnings and stock performance. These well-established powerhouses have…
Key Points Reports suggest Nvidia’s board may vote to remove CEO Jensen Huang as soon as tonight. The recent happenings exposes Nvidia’s lack of a clear succession plan. 10 stocks we like better than Nvidia › Nvidia‘s (NASDAQ:NVDA) board may vote to remove founder and CEO Jensen Huang as soon as this evening, reports the…
Key Points Lucid Group reported its latest quarterly results this week, with its top and bottom lines falling short of expectations, and the company announcing further plans to borrow more money to sustain operations. Lucid’s management may have highlighted last quarter’s reduced cash burn, but barring rapid success with its upcoming Cosmos midsize SUV, the…
Key Points The Nasdaq Composite has had ups and downs this year, but in recent times, the downs have won out. The tech-heavy benchmark fell into correction territory. Why has the index slipped? A variety of elements have represented headwinds this year. Investors have worried about rising inflation and the potential interest rate increases put…
Key Points SpaceX has been scaling its AI revenue, and Musk’s goal of having 20 gigawatts by the end of 2027 implies substantial action, even if the company falls short of that number. The Ark Innovation ETF is filled with high-volatility stocks that depend on rising AI demand to outpace the S&P 500. A 0.75%…
Since hitting a peak in 2021, Tesla (NASDAQ: TSLA) has struggled to build much, if any, momentum. Once trading at more than $400 per share, the stock has been beaten up for the last three years and currently sits at around $185. While those who invested before 2021 are likely sitting on comfortable gains, those…