Key Points Four top Alphabet engineers left the company on Aug. 5, and longtime OpenAI executive Brad Lightcap exited that company six days later. The hyperscalers’ AI backlogs are growing faster than ever as companies lock in commitments for cloud computing capacity. The companies that control the infrastructure and the applications will have a distinct … Read more
C.H. Robinson Worldwide Moves Up In Analyst Rankings, Passing Netflix
Russ Cohen
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, C.H. Robinson Worldwide, Inc. (Symbol: CHRW) has taken over the #80 spot from Netflix Inc (Symbol: NFLX), according to ETF Channel. Below is a chart of C.H. Robinson Worldwide, Inc. versus Netflix Inc plotting their respective rank … Read more
Why The Fed’s Balancing Act Is Tilting in Wall Street’s Favor
Russ Cohen
Listen to the audio version of this article (generated by AI). Editor’s Note: My Investorplace colleague Louis Navellier has been watching two very important trends collide: cooling inflation and a weakening labor market. And that could put the Federal Reserve in a very interesting position. Louis is joining us today to breake down the latest … Read more
The Painful Mistake After Finding a 10-Bagger
Listen to the audio version of this article (generated by AI). Picking a winner only matters if you get this decision right Would you rather own one asset or an empire? In 1977, 20th Century Fox released a strange science-fiction movie that would soon become the highest-grossing film ever made. The studio took a gamble … Read more
S&P 500 Eases Off Its Record as the Consumer Finally Blinks
Key Points Retail sales fell 0.6% in July and consumer sentiment dropped to 51.0 in August, well below the 54.5 economists expected. The Nasdaq Composite slid 0.44%, the Dow lost 0.21%, and the S&P 500 fell 0.19% at midday. Both the S&P 500 and the Nasdaq are still on track for a third straight weekly … Read more
Which AI Stocks Actually Belong in Your Portfolio?
Listen to the audio version of this article (generated by AI). Editor’s Note: The AI boom has already produced some extraordinary winners. But as AI creates opportunities across more corners of the market, investors now face a tougher question: Which ones deserve a place in your portfolio? My colleague Luke Lango believes simply owning more … Read more