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The company appears to have an opportunity to get involved with custom chips for Microsoft. Shares of Marvell Technology (NASDAQ: MRVL) sank, despite the company once again displaying robust data center and artificial intelligence (AI) revenue growth, when it reported its fiscal Q1 earnings results on May 29. Marvell has been a solid beneficiary of the AI infrastructure build-out, supplying networking chips, connectivity solutions, and storage controllers used to build and scale servers for AI workloads...
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U.S. Fund A Shares (without sales charge*) posted a return of 4.06% in first quarter 2025. Read more here...
Continue ReadingNVDA reclaims the top spot with a $3.45T valuation, and ETFs with heavy exposure to the stock offer investors a way to ride the AI wave...
Continue ReadingWhile US stocks (^DJI, ^IXIC, ^GSPC) open Wednesday's session slightly higher, Nvidia shares (NVDA) continue to tick higher after rallying and reclaiming its title as the world's most valuable company from Microsoft (MSFT). The chip company's market cap currently sits at $3.45 trillion. Morning Brief host Brad Smith tracks Nvidia's journey as its market cap closely competes with fellow tech giants Microsoft and Apple (AAPL). To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
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Apple downgraded, Snowflake upgraded: Wall Street's top analyst calls...
Continue ReadingAfter rallying by more than $1 trillion over the past two months, Nvidia's (NVDA) market cap has soared to $3.45 trillion to reclaim its title as the world's most valuable company from Microsoft (MSFT). Gabelli Funds portfolio manager John Belton comes on The Morning Brief to discuss the types of companies engaging the most in the "rapidly evolving" AI landscape and the new use cases that continue to emerge for artificial intelligence. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingTesla stock was trading lower despite the very public policy blowout between President Trump and Tesla CEO Elon Musk...
Continue Reading(Bloomberg) -- The rapid development of data centers connected to the largest US electric grid raised costs by $9.4 billion, an expense that consumers from Illinois to Washington, D.C., will see reflected in their utility bills starting this month. Most Read from BloombergThe Global Struggle to Build Safer CarsAt London’s New Design Museum, Visitors Get Hands-On AccessLA City Council Passes Budget That Trims Police, Fire SpendingICE Moves to DNA-Test Families Targeted for Deportation with New Co...
Continue ReadingUS stock futures (ES=F, NQ=F, YM=F) are just below their flatline after ADP payroll data showed private sector hiring slowing in May, coming out below estimates. President Trump cited this data print as a new reason for Federal Reserve Chair Jerome Powell to cut interest rates. In another social media post, President Trump claimed it has been very difficult to reach a trade deal with Chinese President Xi Jinping. This comes as the Trump administration has rolled out new 50% tariffs on steel and aluminum imports. Nvidia (NVDA) shares have rallied and soared higher, the chip company surpassing Microsoft (MSFT) in total market cap and reclaiming its title as the world's most valuable company. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here...
Continue ReadingCathie Wood's funds add $12M+ in AMZN, AMD while trimming CoreWeave, Palantir, and CrowdStrike...
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