Key Points Rivian’s (NASDAQ:RIVN) CEO, RJ Scaringe, has owned a Tesla (NASDAQ:TSLA) Model Y. Now, he has built its closest competitor. For years, Tesla has been the gold standard for electric vehicle (EV) efficiency, extracting more miles per kilowatt-hour (kWh) of battery capacity than anyone else. However, Rivian may have just pulled off a massive…
Key Points Tesla CEO Elon Musk already has one highly valuable company worth $1.6 trillion in his electric vehicle business, and if all goes well for SpaceX when it goes public later this month, he could have another with a comparable market cap. There’s an outside chance that the aerospace company might even hit a…
Key Points Following Warren Buffett’s retirement as CEO on Dec. 31, Abel completely revamped Berkshire’s $330 billion investment portfolio. Berkshire’s longtime No. 1 holding is relying on artificial intelligence (AI) integration to boost demand for its products. Meanwhile, Abel piled into a virtual monopoly in the first quarter, whose high-margin sales are surging, courtesy of…
Key Points Elon Musk’s SpaceX is set to potentially make history in a matter of weeks. The technology and industrial giant aims to launch a nearly $2 trillion initial public offering, which would represent the biggest IPO ever. A roadshow is set to begin in the coming days, and a Reuters report indicated that the…
Key Points The investing world is going into overdrive in anticipation of the SpaceX initial public offering (IPO) in June. Elon Musk’s ambitious space company is aiming to raise $75 billion in capital markets funding to embark on new business ventures, including its massive Starship rocket, orbital data centers for artificial intelligence (AI), and space…
Key Points Shares of Marvell Technology (NASDAQ: MRVL) soared to a record high on Tuesday after Nvidia CEO Jensen Huang said the chipmaker was on its way to becoming a vastly more valuable business. Image source: Getty Images. Will AI create the world’s first trillionaire? Our team just released a report on the one little-known…
NVIDIA’s NVDA results in the 2026 Q1 period were again robust, reflecting another period of rock-solid growth, a trend that we’ve been accustomed to for several years now. And recently, the AI-favorite, along with Microsoft MSFT, has found itself in the headlines again following the unveiling of a new ‘superchip’, RTX Spark, which is designed…
Key Points “Overvalued” and “artificial intelligence (AI) stocks” are two phrases that seem to go hand in hand. But when you analyze the market, these stocks are reasonably valued for the most part. However, I have a few that I believe have gotten ahead of themselves, and investors should consider steering clear or selling some…
Key Points Nvidia’s data center segment now breaks out revenue between hyperscalers and other customers. Revenue from hyperscalers more than doubled in the past year and accounts for half of its data center business. 10 stocks we like better than Nvidia › When Nvidia (NASDAQ: NVDA) reported earnings last month, much of the focus was…
Tesla’s TSLA recovery in Europe gained momentum in May, as the electric vehicle maker recorded strong year-over-year sales growth across several major markets and achieved a record-breaking May performance in France. Per the data published by various European automotive associations, Tesla registrations rose substantially in France, Denmark, Spain, Sweden and Norway compared with the same…