Key Points The U.S. government invested $2 billion across nine quantum computing companies. Major recipients of this funding included IBM, Rigetti Computing, and D-Wave Quantum. Quantum computing stocks rallied sharply on the news of the CHIPS Act funding. 10 stocks we like better than Rigetti Computing › The Department of Commerce recently announced letters of…
Key Points Cathie Wood’s Ark Invest added to its Nvidia position for the first time in almost two weeks. Nvidia’s new push for high-performance CPUs for the PC market offers a new revenue stream to paddle. The stock is trading for less than 18 times next year’s earnings, a discount to many of the slower-growing…
Key Points Nvidia became the world’s biggest company last year, reaching beyond $4 trillion in market value. This other AI player recently saw its market value explode higher, though it still remains smaller than Nvidia. 10 stocks we like better than Alphabet › Nvidia reached a major milestone last year. The artificial intelligence (AI) chip…
Key Points The launch countdown is on for SpaceX. Elon Musk’s space technology company appears to be preparing for an initial public offering (IPO) on June 12, 2026. Reports swirled for weeks that SpaceX could target a valuation of $2 trillion. Recently, though, the company trimmed the figure to around $1.8 trillion. Will AI create…
Key Points Hyperscalers are designing and building custom chips with Broadcom to lower computing costs and improve efficiency. Application-specific integrated circuits (ASICs) thrive in repetitive, specialized, high-volume use cases. GPUs are far more flexible and can adapt to new workloads. 10 stocks we like better than Broadcom › The initial boom in artificial intelligence (AI)…
Key Points Shares of Nvidia (NASDAQ: NVDA) and Arm Holdings (NASDAQ: ARM) rose sharply on Monday, as investors celebrated the launch of their game-changing new computer processor. Image source: The Motley Fool. Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing…
Key Points SpaceX is an exciting business with a lot of moving parts. Investors will be able to buy shares of SpaceX on the public market as early as June 12. SpaceX will gradually make up a larger portion of S&P 500 companies as insiders sell shares. 10 stocks we like better than Vanguard S&P…
Key Points Apple’s overhauled Siri is expected to be powered by a custom Google Gemini model. The stock has climbed to record highs ahead of the event. Apple’s services business grew 16% in its most recent quarter. 10 stocks we like better than Apple › Apple (NASDAQ: AAPL) opens its Worldwide Developers Conference on June…
Key Points Back in August 2018, Apple (NASDAQ: AAPL) became the first stock to cross the $1 trillion valuation threshold. Now, 15 companies are worth $1 trillion or more. There will be more and more $1 trillion companies over time, and eventually this threshold will become a bit less important, but it’s still impressive to…
A study of analyst recommendations at the major brokerages shows that Apple Inc (Symbol: AAPL) is the #10 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Apple Inc also comes in above the median of analyst picks among the broader S&P 500 index…