The AI infrastructure build-out will last for several more years, and that should propel Nvidia's stock higher. Demand for cloud computing capacity is creating long-term revenue streams for Amazon and Microsoft.
Everyone wants to find the next Nvidia – legendary investor Louis Navellier thinks a better question might be: Can you hold it once you do? In today's Friday Digest takeover, Louis explains why today's AI boom reminds him of the internet buildout of the late 1990s.
Nvidia continues to dominate its industry. Sandisk is thriving from the memory chips shortage.
Jeff Bezos is back in the headlines with a private-market raise for his industrial AI startup, Prometheus. The company just closed a $12 billion Series B at a $41 billion valuation, only about six months after emerging from stealth with $6.2 billion in funding. The new round was led by JPMorgan Chase (NYSE: JPM), Goldman Sachs... Jeff Bezos' New Venture Just Raised $12 Billion. He's Betting AI Will Create a Physical Labor Shortage.
Amazon secured a $17.5B loan as a $200B AI capex bill eats into its cash flow. See why prediction markets still aren't betting on an AI bubble burst.
As investors debate whether Space Exploration Technologies Corp's (NASDAQ:SPCX) blockbuster valuation can be justified, one space economy expert says they may be focusing on the wrong metric.
An iron condor trade with Amazon stock could bring in hefty profit in five weeks.
Nvidia and Amazon are top names to buy.
Google and Amazon could cement their cloud-computing dominance as artificial intelligence gets more expensive and complex.
The comparisons are inevitable. As Space Exploration Technologies Corp (NASDAQ:SPCX), aka SpaceX, begins trading, some investors are pointing to Meta Platforms, Inc‘s (NASDAQ:META) rocky public debut as a cautionary tale for one of the most anticipated IPOs in years.