Key Points Stanley Druckenmiller was early to spot the potential for some of the biggest AI chipmakers in the market. He bought Nvidia (NASDAQ: NVDA) for his Duquesne Family Office portfolio in late 2022. He ultimately made hundreds of millions of dollars from that purchase, but he admitted he sold the stock too soon, fully … Read more
SK Telecom's SK Horizon Spinoff: A New AI Growth Engine for SKM?
Russ Cohen
To capitalize on the rapidly growing demand for AI infrastructure, SK Telecom Co. SKM plans to split its wholly owned subsidiary SK Broadband into two entities: the surviving SK Broadband and a newly established company, SK Horizon, dedicated primarily to AI data center (AIDC) infrastructure. The restructuring separates SKM’s traditional connectivity and media businesses from … Read more
The Signal That Says Crypto Winter Is Finally Breaking
Russ Cohen
Crypto’s dead zone may finally be ending… Listen to the audio version of this article (generated by AI). Editor’s Note: For months, the smart crypto play was patience – waiting until the market showed real evidence the next cycle was turning. Last week, for the first time, it did. Bitcoin reclaimed its 200-day moving average, … Read more
Greg Abel Has Kept 60% of Berkshire's $359 Billion Stock Portfolio in Just 5 Companies, Even After Eliminating 16 Other Positions in His First Quarter. Is That Concentration a Risk for Shareholders?
Key Points Berkshire Hathaway’s positions in Apple, American Express, Alphabet, Bank of America, and Coca-Cola make up 60% of its overall stock portfolio. Don’t blame this on Abel, as this high concentration is largely the product of Buffett’s American Express and Coca-Cola investments compounding over the decades. Moreover, downside risk from steep losses in the … Read more
Nvidia May Have Just Eliminated Its Biggest Risk
Key Points Nvidia (NASDAQ:NVDA) has been the artificial intelligence (AI) chip leader since the earliest days of this technology boom. This is because the company wisely chose to tailor its graphics processing units (GPUs) to the needs of AI early on — and it’s steadily innovated to remain in the lead. Still, Nvidia isn’t alone … Read more
Marvell (MRVL) Stock Falls 10% After Q2 Earnings: Buy the Dip?
Marvell Technology MRVL) shares fell 10% in Friday’s trading session despite the AI chip leader posting record Q2 results yesterday evening and raising its longer-term outlook. The sharp sell-off suggests investors wanted an even bigger beat following MRVL’s tremendous AI-fueled rally rather than signaling a meaningful deterioration in the company’s fundamentals. With data-center demand accelerating … Read more