Key Points Ark Investment Management is buying the dip on Tesla stock following a mixed second-quarter update. The electric vehicle maker could see its shares rebound if it can scale its robotaxi business. Investors should be cautious about management’s projections. These 10 stocks could mint the next wave of millionaires › Tesla‘s (NASDAQ: TSLA) second-quarter…
Key Points Nvidia’s founder and CEO thinks investors should take advantage and buy chip stocks whenever there’s a dip. Besides its own operations, this leading AI business has unmatched exposure to the AI revolution through various financial arrangements. The multitrillion-dollar question rests on the durability of the capital expenditure cycle. 10 stocks we like better…
Key Points With Tesla (NASDAQ: TSLA) having already released its estimate-busting delivery numbers for the quarter, investors were optimistic that the company would deliver other second-quarter numbers that were ahead of the Wall Street consensus estimates published on its investor relations page. Unfortunately, it did not, and the consternation around the miss is one reason…
Key Points Nvidia commands 86% of the AI data center GPU market and is expanding into CPUs to power AI agents. Apple is leveraging its new Siri AI tool to help trigger a huge iPhone upgrade cycle among its customers. 10 stocks we like better than Nvidia › Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA)…
Key Points If Bitcoin can grow at a CAGR of 25%, it can regain its all-time high of $126,000 within three years. With the influx of money from institutional investors, Bitcoin may be losing some of its explosive upside potential. Going forward, investors should think of Bitcoin as a high beta tech stock. 10 stocks…
Key Points SpaceX’s Starship rocket recently completed its 13th test flight. It achieved most of its goals and launched new versions of Starlink satellites into space. But shareholders weren’t enthused, as SpaceX’s AI spending remains the focus of the company’s rising costs. 10 stocks we like better than Space Exploration Technologies › Space Exploration Technologies…
Key Points Tesla’s sales were strong in the second quarter, and the company topped $100 billion in trailing-12-month revenue for the first time. The stock tumbled amid shrinking margins, negative cash flow, and rising capex. Tesla also plans to borrow up to $30 billion this year. These 10 stocks could mint the next wave of…
Key Points The prospect of high robotaxi and humanoid robot sales is the main reason Tesla gets away with a P/E ratio close to 300. Ford is working on self-driving technology that can position it to offer robotaxis, and other automakers may follow suit. If more competitors pile into robotaxis, it can put pressure on…
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Direxion Daily TSLA Bull 2X Shares, which added 67,575,000 units, or a 20.5% increase week over week. Among the largest underlying components of TSLL, in morning trading today Tesla is down about…
Key Points The most popular automobiles on the lot these days aren’t electric vehicles (EVs). Rather, it’s hybrid EV/internal combustion engine (ICE) models that American consumers lately most want to own and drive. According to research from Kelley Blue Book and its parent company, Cox Automotive, car buyers really put the pedal to the metal…