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ChatGPT Has One Billion Users
24/7 Wall St.70d agoneutral
ChatGPT Has One Billion Users

Research firm Sensor Tower reports that OpenAI’s ChatGPT had one billion monthly app users last month. The lead based on this yardstick is long-standing in the industry. According to CNBC: “With its billion-MAU figure — achieved roughly 3.5 years after its November 2022 launch — ChatGPT became the fastest app ever to reach the milestone, ... ChatGPT Has One Billion Users

Realty Income’s 5.3% Yield Is a Steal: Why a Shifting Interest Rate Environment Makes This Monthly Dividend Machine a Top Buy for Retirees
24/7 Wall St.70d agobullish
Realty Income’s 5.3% Yield Is a Steal: Why a Shifting Interest Rate Environment Makes This Monthly Dividend Machine a Top Buy for Retirees

Income investors have a reason to revisit Realty Income (NYSE:O). The Fed has cut 75 basis points over the past 12 months, taking the upper bound to 3.75%, easing pressure on a REIT that owns 15,542+ single-tenant net lease properties across retail, industrial, and gaming. The question for retirees: is that 5.39% yield safe? Dividend ... Realty Income’s 5.3% Yield Is a Steal: Why a Shifting Interest Rate Environment Makes This Monthly Dividend Machine a Top Buy for Retirees

3 Nuclear Energy Stocks Powering the AI Boom in June
24/7 Wall St.70d agoneutral
3 Nuclear Energy Stocks Powering the AI Boom in June

AI hyperscaler CapEx spending is now the single biggest variable in the U.S. power equation. Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) are collectively guiding to $710B+ in combined 2026 CapEx, and the EIA’s Annual Energy Outlook 2026 now models data center server electricity use growing to 818 billion kilowatthours in 2050, more ... 3 Nuclear Energy Stocks Powering the AI Boom in June

SK Hynix to opt for Nasdaq for planned US listing, sources say
Reuters Videos70d agoneutralVIDEO
SK Hynix to opt for Nasdaq for planned US listing, sources say

<body><p>STORY: SK Hynix is looking to choose the Nasdaq for its planned U.S. listing.</p><p>That's what two sources told Reuters.</p><p>The planned listing could come as soon as August and follows a 230% surge in the company's share price this year.</p><p>The U.S. listing is expected to widen the company's investor base and raise its profile among global investors.</p><p>The sources said the company chose Nasdaq over the New York Stock Exchange.</p><p>SK Hynix declined to comment.</p><p>Nasdaq wasn't immediately available ​for comment outside business hours.</p><p>Nasdaq is home to many of the world's largest tech firms and chipmakers.</p><p>It includes Nvidia, Microsoft, Alphabet and other heavyweights.</p><p>SK Hynix is the world's second-largest memory chipmaker and a key supplier to Nvidia.</p><p>The CEOs of both companies met in South Korea earlier this week.</p><p>They said they signed a multi-year technology partnership that would advance next-generation memory for global AI data centers.</p><p>SK Hynix is a big player in the AI boom due to its dominant position in high-bandwidth memory chips used in AI servers.</p><p>Reuters earlier reported SK Hynix received - quote - "tremendously positive" feedback on the U.S. listing plan.</p><p>The firm cited strong AI demand and its position in the memory-chip market.</p></body>

3 Reasons It Might Be Time Buy the Dip in NVIDIA Stock
24/7 Wall St.70d agobullish
3 Reasons It Might Be Time Buy the Dip in NVIDIA Stock

It hasn’t been all too clean a breakout for shares of AI chip giant Nvidia (NASDAQ:NVDA), which is still down close to 13% after tumbling off its mid-May highs. Indeed, it seems like the company can do everything right and still get rewarded with a reaction that’s relatively muted compared to the rest of the ... 3 Reasons It Might Be Time Buy the Dip in NVIDIA Stock

Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?
24/7 Wall St.70d agobearish
Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?

Adobe (NASDAQ:ADBE) shares are getting hammered on Friday, down 9% to $198 after the design-software giant reported a beat-and-raise quarter that investors decided to sell anyway. The move follows Thursday’s 6% drop to $218.80, stretching a brutal week into something closer to a capitulation. The selloff is striking because the numbers were strong. Adobe posted ... Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?

Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets
24/7 Wall St.70d agobullish
Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets

Acquisition speculation is the lifeblood of cult-stock trading. The cleanest takeover targets share three traits: strategic value to a deep-pocketed partner, a cash runway that does not force a fire sale, and proprietary intellectual property that a giant cannot easily replicate. This is a scenario analysis, not a report on any announced or imminent deal. ... Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets

Wall Street Bullish on Nvidia (NVDA), Is It a Good Stock to Buy?
Insider Monkey70d agobullish
Wall Street Bullish on Nvidia (NVDA), Is It a Good Stock to Buy?

NVIDIA Corporation (NASDAQ:NVDA) is one of the Good Stocks to Invest in Now. Wall Street remains bullish on NVIDIA Corporation (NASDAQ:NVDA) despite around 3% decline over the past few days. The decline stems from investor caution regarding the technology sector’s ability to make a profit from the AI capital expenditure. Analysts see more than 44% […]

Up 33% From Its 52-Week Low: 1 Glaring Red Flag That Makes Altria Stock a Dangerous Buy at $73
24/7 Wall St.70d agobullish
Up 33% From Its 52-Week Low: 1 Glaring Red Flag That Makes Altria Stock a Dangerous Buy at $73

Altria Group (NYSE:MO) at $73.13 looks like a name to hold rather than add to. The yield is too rich to abandon, but the entry point is too high to fund with fresh capital while the U.S. consumer wobbles. Altria sells Marlboro, Black & Mild cigars, Copenhagen and Skoal smokeless tobacco, on! nicotine pouches, and ... Up 33% From Its 52-Week Low: 1 Glaring Red Flag That Makes Altria Stock a Dangerous Buy at $73

SpaceX’s IPO Frenzy Just Spawned a New Risk That Could Cost Investors a Fortune
24/7 Wall St.70d agoneutral
SpaceX’s IPO Frenzy Just Spawned a New Risk That Could Cost Investors a Fortune

The stock market has spent years waiting for this moment. SpaceX (NASDAQ:SPCX) will begin trading this morning in what is the largest IPO in history. The IPO set a record, raising $75 billion at a valuation of approximately $1.77 trillion. Investor demand has been building for months as retail investors and institutions alike seek exposure ... SpaceX’s IPO Frenzy Just Spawned a New Risk That Could Cost Investors a Fortune

REM and MORT Pay Over 9% Yields, But Both Have Lost Money Over Five Years
24/7 Wall St.70d agoneutral
REM and MORT Pay Over 9% Yields, But Both Have Lost Money Over Five Years

There are variations in some asset class categories that can vary widely. For example, technology stocks can be involved with anything from hardware to semiconductors to software and A.I. The Real Estate/REIT sector is another one that can defy easy pigeonholing. Some REITs, such as Realty Income (NYSE: O) actually own and manage a ... REM and MORT Pay Over 9% Yields, But Both Have Lost Money Over Five Years

Here Are Friday’s Best Wall Street Analyst Research Calls: Adobe, Advanced Micro Devices, Ares Capital, Coca Cola, e.l.f. Beauty, FormFactor, Kratos Defense, Travelers, Williams-Sonoma, and More
24/7 Wall St.70d agoneutral
Here Are Friday’s Best Wall Street Analyst Research Calls: Adobe, Advanced Micro Devices, Ares Capital, Coca Cola, e.l.f. Beauty, FormFactor, Kratos Defense, Travelers, Williams-Sonoma, and More

Pre-Market Stock Futures: Futures are trading higher as excitement builds for the Elon Musk Space Exploration Technologies IPO (NASDAQ: SPCX), which is priced at $135 per share and set to begin trading later today. We saw a big risk-on Thursday, which produced a massive rally across the major indices, as once again, President Trump said ... Here Are Friday’s Best Wall Street Analyst Research Calls: Adobe, Advanced Micro Devices, Ares Capital, Coca Cola, e.l.f. Beauty, FormFactor, Kratos Defense,

Want $5,000 a Year From $100K? This ETF Pays Nearly Double VYM’s Yield
24/7 Wall St.70d agoneutral
Want $5,000 a Year From $100K? This ETF Pays Nearly Double VYM’s Yield

For income-focused investors, the Vanguard High Dividend Yield ETF (NYSEARCA:VYM) is often the default pick. VYM tracks the FTSE High Dividend Yield Index, holds hundreds of large-cap dividend payers, and charges just 0.04%. That is about as cheap as broad dividend exposure gets, which is why VYM anchors so many income sleeves and retirement accounts. The catch ... Want $5,000 a Year From $100K? This ETF Pays Nearly Double VYM’s Yield

Dan Ives’ Own ETF Is Up 27% YTD. The AI Revolution Trade Is Real.
24/7 Wall St.70d agoneutral
Dan Ives’ Own ETF Is Up 27% YTD. The AI Revolution Trade Is Real.

The pitch behind the Dan Ives Wedbush AI Revolution ETF (NASDAQ:IVES) was simple when it launched. Wall Street’s loudest AI bull would put his name on a basket of the companies he had been pounding the table about for three years, and you could buy the basket. The honest read on the first few months ... Dan Ives’ Own ETF Is Up 27% YTD. The AI Revolution Trade Is Real.

Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less
24/7 Wall St.70d agobearish
Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less

Invesco QQQ Trust (NASDAQ:QQQ) is the most familiar way to own the Nasdaq-100, though it is not the cheapest wrapper Invesco offers for the same index. QQQ is the second-most-traded ETF in the United States, holding roughly $470 billion in assets and providing investors with one-ticker exposure to the 100 largest non-financial companies on Nasdaq, ... Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less

Investing.com70d agoneutral
Nvidia pitches Vera CPU to Chinese clients with August delivery target

The sales push marks a strategic pivot for Nvidia as US export controls have effectively shut its advanced GPU lineup out of the Chinese market. CEO Jensen Huang has been candid about the damage: "Nvidia's market share in China has effectively fallen to zero," he said, a striking admission that underscores how urgently the company needs an alternative entry point. CPUs, which face fewer restrictions than Nvidia's high-end GPU products, offer exactly that — a largely unobstructed channel back int

Latest News In AI Chips - AI-Powered Shift: Transforming Data Into Business Intelligence
Simply Wall St.70d agoneutral
Latest News In AI Chips - AI-Powered Shift: Transforming Data Into Business Intelligence

Treasure Global Inc. has secured a US$15 million contract to develop an AI-powered Social Listening Platform for Creative World Industries, emphasizing the growing demand for AI systems that convert digital data into actionable insights. This platform leverages machine learning and NVIDIA-powered infrastructure to provide real-time sentiment and trend analytics across various sectors. The deployment underscores a trend in the AI chips industry towards enhancing real-time decision intelligence...

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Reuters70d agoneutral
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold out of the biggest U.S. tech stocks, and some even added ‌bearish positions, according to data from a JPMorgan note late ‌Thursday, just before SpaceX was set to go public on Friday. Shares in the "Magnificent Seven" -- ​a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday. The Roundhill Magnificent Seven ETF, which tracks these ‌stocks closely, declined over 2.4% ⁠since June 5, with some analysts saying investors were clearing their decks in order to prepare for the ⁠debut of Elon Musk's Space X on Friday.

The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
24/7 Wall St.70d agoneutral
The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD

Roughly six months ago, we asked whether ASML (NASDAQ: ASML) finally had a real competitor: xLight, the stealth startup chaired by ousted Intel CEO Pat Gelsinger, was developing free-electron-laser light sources backed by up to $150 million in CHIPS Act funding with the U.S. government taking an equity stake, targeting first silicon wafers by 2028. ... The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD