is no newcomer to tech, data centers or AI, but it is only now, with the AI boom years in the making, that its stock price is rallying. The reason is simple: now that GPU supply and supply chains are firming up, connectivity and networking solutions are being delivered, and data centers are under construction, ...
It’s not a chip company or a data center company, but AI is making it dramatically more profitable. Listen to the audio version of this article (generated by AI). Editor’s Note: Joe Austin has spent four decades working at the intersection of Wall Street and the physical economy — as a technology sector research analyst, ...
is down approximately 20% in the last 12 months. Most of the news around the company has been negative. There have been layoffs, significant ongoing capital expenditures to support its artificial intelligence ambitions, cost pressures in its gaming division, and the ongoing transformation of Microsoft’s relationship with OpenAI. That’s created significant noise around the company ...
ASA Gold and Precious Metals (NYSE:) is a standout among closed-end funds (CEFs), but not for the reasons we’d like! For one, this gold-focused CEF pays almost no dividend itself (its yield is a meager 0.14% as I write this). That’s unusual for a CEF, as investors mainly buy these funds for their high yields. As ...
Reliance Industries Chairman Mukesh Ambani declared the Jio Platforms IPO the most important value creation milestone of 2026 at Reliance’s 49th Annual General Meeting on June 19. The company simultaneously filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India. This is a fresh issue of up to 270 million shares ...
Most of the fixed-income returns that are tracked on a weekly basis by this blog, ended higher on the week, despite all the chatter around Kevin Warsh and the latest Fed meeting. There just seems to be an undue amount of bearishness (i.e. higher bond yields and lower prices) discounted in Treasuries, and high-grade corporates, ...
A story from the Australian bush holds a big lesson for investors looking for the next wave of AI winners. Listen to the audio version of this article (generated by AI). Editor’s Note: Today’s guest essayist, Joe Austin, spent four decades on Wall Street as a tech-sector research analyst, a senior portfolio manager overseeing more ...
Listen to the audio version of this article (generated by AI). Tom Yeung here. Last week, InvestorPlace Senior Analyst Eric Fry highlighted how one of his latest picks now has even more upside than Nvidia Corp. (NVDA). Though Nvidia still has room to grow, smaller AI companies can do even better in relative terms. To investors, that’s all that matters. So, for this Sunday Digest, I’d like to leave it ...
Listen to the audio version of this article (generated by AI). Editor’s Note: Most investors are focused on the AI names everyone already knows.Joe Austin — tech-sector research analyst, senior portfolio manager overseeing more than $10 billion in assets, and coverage analyst for a $5 billion hedge fund — is focused on the ones most ...
The biggest stock market winners are usually discovered before everyone agrees they’re winners. Listen to the audio version of this article (generated by AI). Finding the next great stock, before the crowd rushes in In the late 1970s, people would stand for hours outside New York’s Studio 54 hoping to get in. The club’s co-founder, ...
