OpenAI CEO Sam Altman has warned that export controls alone are not an effective strategy to curb China’s development of artificial intelligence (AI). He’s absolutely right. China’s rapid ascendancy in the global AI race is becoming increasingly evident, driven by its strategic focus on engineering, application-driven development and alignment with national policy. While the US…
The fortunes of certain stocks are very closely linked to Nvidia ‘s fate, a study of market correlations show. Here are the ones to watch. AI poster child Nvidia will report its fiscal second-quarter earnings after Wednesday’s closing bell, and Wall Street is expecting another blowout quarter. LSEG consensus shows that analysts estimate Nvidia will…
My top 10 things to watch Friday, Aug. 15 — Today’s newsletter was written by Zev Fima, the Investing Club’s portfolio analyst. 1. DA Davidson upgraded Club name Salesforce to a hold-equivalent rating from underperform while keeping its price target of $225 a share. Activist investor Starboard increased itss stake in the company by 47%,…
My top 10 things to watch Friday, Aug. 1 1. We’re headed for a big down open. President Donald Trump issued a late-night series of new tariff orders , including raising the duty rate on Canadian imports to 35% from 25%, effective today. Trump also hit Switzerland with a 39% tariff rate, effective Aug. 7….
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching and what’s on the radar for the next session. The Nasdaq Composite The tech-heavy Nasdaq…
My top 10 things to watch Tuesday, July 8 1. Living with contrived chaos. That’s what we are doing with trade policy like this from the White House. It’s all deliberately created. Nothing has to be done like this. If you have the market at record highs, you can get away with this. That’s what…
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — With the first half of the year wrapping up, Sean and I are taking a look at the best stocks on our Best Stocks in the Market list so far this…
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded by…