If you’re not familiar with the name Leopold Aschenbrenner, you should be. A 24-year-old wunderkind, Aschenbrenner was hired by OpenAI in 2023 to work on the company’s “superalignment” team, essentially trying to figure out how to keep AI systems safe once they become smarter than the humans building them. After being let go in 2024, ...
Listen to the audio version of this article (generated by AI). Iran stops negotiations… how high could oil go?… Jonathan Rose’s three IPO red flags… Elizabeth Warren pushes AI taxes and higher capital gains taxes… the data that undercuts her jobs argument… As I write on Monday near lunch, U.S. oil prices have surged 7%, ...
There is a new phrase dominating Wall Street right now, and if you have been paying attention to earnings calls, analyst notes, or market-moving headlines recently, you have almost certainly heard it. Agentic AI is being credited with sending certain stocks soaring and reshaping how the smartest money in the market thinks about the technology ...
Key Points Snowflake (NYSE: SNOW) is expanding its partnership with Amazon (NASDAQ: AMZN), specifically Amazon Web Services (AWS), in a collaboration aimed at accelerating AI capabilities among enterprise customers. The news of the multiyear deal sent Snowflake’s shares soaring more than 35%. Here’s what investors need to understand about the partnership. The agreement aims to ...
Listen to the audio version of this article (generated by AI). Imagine you’re at dinner with a group of friends. There’s someone at the table you don’t know very well. A friend of a friend. And in passing, you hear him say something that almost makes you spill your drink… He says he’s been making ...
delivered another better-than-expected quarter on May 28, marking its 14th consecutive quarter of double-digit earnings growth. The company also raised its full-year outlook as off-price retailers continue to benefit from demand among budget-conscious consumers seeking bargains. Still, it wasn’t enough to satisfy investors, as shares fell sharply following the report. Burlington Earnings Beat Expectations For ...
The widening performance gap highlights AI’s outsized role in equity markets. The US Stock Market’s Lead Over Global Peers Is Remarkable The total market capitalisation of the US stock market has climbed to an unprecedented $75tr, setting a new record. At $14.84tr, China, the world’s second-largest equity market, remains far behind, with the US market ...
Key Points Nvidia recently significantly increased its dividend per share. However, the company has other priorities right now besides its income program. The stock remains a top pick for growth investors, but not so much for dividend seekers. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has arguably been the quintessential growth ...
The AI-driven earnings story remains one of the strongest themes in global markets, but maintaining the recent pace of earnings upgrades will become progressively more difficult. Takeaways • The rally has been powered primarily by earnings growth, not valuation expansion, a distinction that makes the advance more fundamentally durable than many assume. • Investor enthusiasm ...
As stock prices continue to soar, fears of an AI bubble are increasing. The tech bubble of the 1990s was driven by fear of missing out (FOMO). This time, fabulous earnings momentum (FEMO) is driving tech stock prices higher. An earnings-led meltup like this should be more sustainable than a P/E-led meltup fueled by irrational exuberance. That’s especially true ...
