Page 2219 of 9001
This is what could happen next to Broadcom shares...
Continue Reading
All five stocks have delivered triple-digit returns in 2024...
Continue ReadingTesla CEO posted that he just voted in Texas...
Continue ReadingThe prototype is supposed to allow a person to task Google’s AI with anything from purchasing a product to booking a flight...
Continue Reading
Tesla (TSLA) shares have soared nearly +20% since its Q3 report in late October and the rally could continue...
Continue ReadingUS regulators rejected a deal that would have allowed Amazon's (AMZN) cloud business, Amazon Web Services (AWS), to buy power from Talen Energy (TLN) for its data centers. The decision comes as Big Tech companies have turned to nuclear energy to power their artificial intelligence (AI) data centers, stoking some worries about the recent rally in nuclear energy stocks. ClearView Energy Partners managing director Timothy Fox joins Asking for a Trend Host Josh Lipton to discuss what the news means for Big Tech's nuclear push. "Ultimately, we think the Federal Energy Regulatory [Commission] decision is a short-term setback for generators that wish to co-locate their load or co-locate their power with a data center and also a setback for the data center developers. But the order may not represent a long-term risk. It's more that FERC may have punted or didn't want to set a precedent about co-location." Fox outlines, "Regulators are concerned about three things. They're concerned about reliability, taking in existing large nuclear power plants offline. Does that create reliability risks? They're also concerned about ratepayers. Do existing ratepayers have to pay some unfair portion of the cost of upgrading the grid to accommodate a new data center? And then also the third concern is policy. Does the influx of new data centers create a concern about being able to meet state or local decarbonization policies?" To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan...
Continue ReadingGoogle explained the situation and fixed the problem. But it did get Elon Musk’s attention...
Continue ReadingBillionaire Tesla (TSLA) CEO Elon Musk has been vocal in his support for former President Donald Trump's election campaign. Intelligent Alpha CEO and founder and Deepwater Asset Management managing partner Doug Clinton sits down with Josh Lipton on Market Domination Overtime to discuss what the election outcome means for Musk and how his political involvement affects investors. "It will be a very interesting night for Elon Musk," Clinton says, adding, "He's obviously made a really big bet on the election going one direction. And I think if it goes against him if Kamala Harris is elected president, I think it probably is a negative for him." He notes that Tesla could stand to benefit from a Harris presidency, given she could provide further tax incentives for electric vehicles as part of a green energy push. Clinton says that Musk will likely "find some way to try to mend fences and say, 'Look, obviously, it didn't go the way that we were campaigning, but we have this agenda that actually does very much align with some of the principles of the Democratic Party.' I mean, Elon probably has done more for bringing sustainable energy into the markets, kind of into the mass markets, really in the US and globally than maybe anybody else in the world." As an investor in Musk's companies, Clinton says, "We try to separate [Musk's companies from his politics]. At Deepwater, we are investors in xAI, and we're big believers that there's basically four companies on Earth that have a chance to build the foundation models that power sort of everything. It's Meta (META) with Llama, it's Google (GOOG, GOOGL) [with] Gemini, OpenAI with GPT, and then xAI with Grok. So that investment is really built, I think, more on just what can they do from a technical perspective." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan...
Continue ReadingNvidia reclaimed the title of world's most valuable publicly traded company Tuesday, passing Apple. Nvidia shares closed up almost 3%, giving the chip maker a $3.43 trillion market cap, just above Apple's $3.38 trillion, according to FactSet. It's the first time Nvidia has held the title since June, when it surpassed Apple for the first time for just one trading day...
Continue ReadingBerkshire Hathaway could be one of the largest corporate taxpayers this year, due to the big gains it has realized from selling two-thirds of its large Apple stake so far this year. In its 10-Q report released Saturday in tandem with its financial results, Berkshire disclosed that it sold another 100 million shares of Apple in the third quarter, reducing its stake by 25% in the period to 300 million shares. CEO Warren Buffett’s company has sold more than 600 million of the iPhone maker’s shares in the first nine months of 2024...
Continue Reading