Key Points Nvidia expects revenue to increased 70% next year, on top of higher growth this year, Google Cloud sales increased 82% in the second quarter. American Express raised full-year guidance after a 10% sales increase in the second quarter. 10 stocks we like better than Nvidia › The Dow Jones Industrial Average is a…
Key Points Space Exploration Technologies (NASDAQ: SPCX) had a strong positive impact on space stocks when it debuted through an initial public offering (IPO) on June 12. SpaceX shares were priced at $135 per share for the IPO, but the stock opened that day to the public at $150. It reached an intraday high of…
Key Points Some of Broadcom’s custom data center accelerators can outperform Nvidia’s latest chips when processing artificial intelligence (AI) workloads. OpenAI, Anthropic, Alphabet, and Meta Platforms are just some of the biggest buyers of Broadcom’s accelerators. Broadcom stock only needs a modest gain to rejoin the $2 trillion club, and I think it could materialize…
Key Points The term artificial general intelligence, or AGI, has been around for decades. It was first used in 1997 by physicist Mark Avrum Gubrud to describe fully automated military production. Researcher Ben Goertzel popularized the term in the early 2000s, giving it its current meaning as a description for AI technology that can self-initiate…
Key Points iPhone 18 Pro starts at $1,199, a $100 increase from last year’s model. Apple says it expects to pay even higher memory costs in the September quarter. Management expects gross margin to land between 47% and 48%, down from 50.1% in the June quarter. 10 stocks we like better than Apple › Apple…
Key Points Nvidia is generating gobs of free cash flow that could pave a transition from a hypergrowth stock to a more consistent dividend growth stock. Nvidia isn’t a good buy for income investors based on its current yield. Long-term investors should focus on the income-generating potential during the lifetime of an asset rather than…
Key Points Apple debuted its first foldable phone at its “Surprise and Shine” keynote event on Wednesday. Apple’s stock has risen 15% year to date. John Ternus took over as CEO on Sept. 1, marking the end of Tim Cook’s 15-year tenure. 10 stocks we like better than Apple › Apple‘s (NASDAQ: AAPL) new CEO,…
Key Points Few stocks have captured investors’ imaginations in the way Space Exploration Technologies (NASDAQ: SPCX) has. The stock was on a roller-coaster ride after its market debut back in June, but it has settled into a more stable trading range. That makes now a potentially good time to add the growth stock. Let’s look…
Key Points The market doesn’t know what to do with AMD and Broadcom as Wall Street grows concerned about AI spending. Sales and earnings of both companies are soaring, and AI infrastructure spending will surpass $1 trillion next year. AMD will continue tapping into the AI market with its CPUs and GPUs, and Broadcom has…
Key Points There are 1.6 billion active iPhones in circulation. Apple stock is beating the market so far this year. Over the past 10 years, Apple stock has gained nearly four times as much as the S&P 500. 10 stocks we like better than Apple › Apple (NASDAQ: AAPL) has been one of the greatest…