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Billionaire Bill Ackman’s Pershing Square Exits Universal Music After Failed Takeover Bids, Stock Slumps 7%
24/7 Wall St.80d agobearish
Billionaire Bill Ackman’s Pershing Square Exits Universal Music After Failed Takeover Bids, Stock Slumps 7%

Bill Ackman’s Pershing Square has closed the book on one of its most ambitious activist campaigns. According to CNBC reporting based on The Wall Street Journal, the firm sold its entire stake in Universal Music Group (OTC:UMGNF) following two failed takeover attempts, sending UMG shares down 7% on the news. Shares have since rebounded, but ... Billionaire Bill Ackman’s Pershing Square Exits Universal Music After Failed Takeover Bids, Stock Slumps 7%

Nvidia’s CEO Sees Marvell Becoming the Next $1 Trillion Company. Shares Gained Another 5% Today.
24/7 Wall St.80d agoneutral
Nvidia’s CEO Sees Marvell Becoming the Next $1 Trillion Company. Shares Gained Another 5% Today.

It’s not every day the most influential CEO in artificial intelligence publicly anoints another semiconductor company as the next trillion-dollar stock. That is what happened when NVIDIA’s Jensen Huang praised Marvell Technology (NASDAQ:MRVL) onstage at the Computex AI Exhibition in Taiwan. After Huang’s quotes, a CNBC Halftime Report segment dove into what Huang said that ... Nvidia’s CEO Sees Marvell Becoming the Next $1 Trillion Company. Shares Gained Another 5% Today.

Jim Cramer Defends CrowdStrike. Says the Company Just Posted “An Extraordinary Number” on Its Most Key Metric.
24/7 Wall St.80d agoneutral
Jim Cramer Defends CrowdStrike. Says the Company Just Posted “An Extraordinary Number” on Its Most Key Metric.

Jim Cramer defended CrowdStrike (NASDAQ:CRWD) on Thursday’s Mad Dash after the cybersecurity leader’s post-earnings selloff, arguing that net new annual recurring revenue came in well above expectations. CrowdStrike reported its fiscal Q1 2027 results on June 3, 2026, beat on both lines, and raised its full-year outlook. The stock fell anyway, dropping 6.87% on June ... Jim Cramer Defends CrowdStrike. Says the Company Just Posted “An Extraordinary Number” on Its Most Key Metric.

CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.
24/7 Wall St.80d agobullish
CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

CNBC’s Jim Cramer is making a paradoxical call on the pending SpaceX IPO. On Squawk on the Street this week, he predicted the stock could double on its opening trade to a $4 trillion valuation, while publicly trying to talk retail investors out of buying. The mechanics he points to (a microscopic float and forced ... CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

Trade Desk Is Down 44% This Year and AppLovin Is Down 17%. Are Ad-Tech Stocks Dead Money in 2026?
24/7 Wall St.80d agoneutral
Trade Desk Is Down 44% This Year and AppLovin Is Down 17%. Are Ad-Tech Stocks Dead Money in 2026?

Ad-tech investors are staring at a tough tape in 2026 so far. Trade Desk (NASDAQ:TTD) trades near $21, while AppLovin (NASDAQ:APP) sits around $561 as some loyal shareholders start to lose patience. The headline numbers tell the story. Trade Desk stock is down 44% year to date (YTD), while AppLovin stock is down 17%. Both ... Trade Desk Is Down 44% This Year and AppLovin Is Down 17%. Are Ad-Tech Stocks Dead Money in 2026?

AMD Is Up 55% in a Month and Trouncing Intel. Should Intel Stockholders Switch to AMD Now?
24/7 Wall St.80d agoneutral
AMD Is Up 55% in a Month and Trouncing Intel. Should Intel Stockholders Switch to AMD Now?

Shares of Advanced Micro Devices (NASDAQ:AMD) are pulling back slightly midday Thursday, but the stock’s run over the past month has been historic. AMD stock is up 55% over the past month, compared with just 17% for Intel (NASDAQ:INTC) stock. That kind of gap raises a fair question for Intel’s loyal shareholders. Should Intel stockholders ... AMD Is Up 55% in a Month and Trouncing Intel. Should Intel Stockholders Switch to AMD Now?

NVIDIA Partnerships With Akamai And Ayar Labs Shape AI Factory Outlook
Simply Wall St.80d agobullish
NVIDIA Partnerships With Akamai And Ayar Labs Shape AI Factory Outlook

NVIDIA (NasdaqGS:NVDA) announced new collaborations that bring Akamai Guardicore Segmentation into its Vera BlueField-4 STX AI factories at the hardware level for Zero Trust security. Ayar Labs joined the NVLink Fusion ecosystem to support optically connected, high bandwidth AI infrastructure. These moves extend NVIDIA's AI platform into security and connectivity partnerships that aim to set new reference points for how hyperscalers and enterprises design AI factories. NVIDIA...

Assessing Super Micro Computer (SMCI) Valuation After New AI Data Center Launches And Major Partnership Wins
Simply Wall St.80d agobullish
Assessing Super Micro Computer (SMCI) Valuation After New AI Data Center Launches And Major Partnership Wins

Super Micro Computer (SMCI) has jumped into focus after unveiling a wave of AI data center offerings, including AMD Helios rack-scale systems, NVIDIA Vera Rubin based blueprints, Arm AGI platforms, and Intel Xeon 6+ servers. See our latest analysis for Super Micro Computer. The latest AI data center launches come on the back of sharp price swings, with SMCI’s share price falling 5.48% over the last day but rising 69.84% over 30 days and delivering a very large 5-year total shareholder return...

5 'Boring' Stocks That Crushed the Nasdaq-100 Over Past 5 Years
TheStreet80d agoneutral
5 'Boring' Stocks That Crushed the Nasdaq-100 Over Past 5 Years

Over the past five years, the tech-heavy Nasdaq-100 returned roughly 125%, well ahead of the S&P 500. Even casual investors are likely familiar with the most popular stocks in that index, such as Nvidia, Microsoft and Tesla. But would you believe that there are a number of “boring,” large-cap ...

TSMC Forecasts Sustained AI Chip Demand
Investor's Business Daily80d agoneutral
TSMC Forecasts Sustained AI Chip Demand

TSM stock rose on Thursday after the company's annual shareholders' meeting. At the meeting, Chief Executive C.C. Wei said the contract chipmaker, better known as TSMC, won't be able to fulfill demand over the next few years, even as more manufacturing capacity comes online, Bloomberg reported. "It will be a long time before we can meet customer demand," Wei said.

Jim Cramer sounds the alarm on Marvell
TheStreet80d agoneutral
Jim Cramer sounds the alarm on Marvell

A single comment from Nvidia chief executive Jensen Huang added tens of billions of dollars to Marvell Technology’s (MRVL) market value in one trading session. Huang predicted that Marvell would become the next company to reach a $1 trillion valuation. Traders reacted instantly, pushing the stock ...

Trump Just Signed a Scaled-Back AI Executive Order: What the Voluntary 30-Day Review Means for Big Tech
24/7 Wall St.80d agoneutral
Trump Just Signed a Scaled-Back AI Executive Order: What the Voluntary 30-Day Review Means for Big Tech

President Trump privately signed an artificial intelligence executive order that landed considerably softer than what Big Tech and its lobbyists had been bracing for. CNBC’s Megan Cassella, reporting on the development June 2, 2026, said the document “appears to be a scaled back, slightly weaker version than what we had initially been expecting.” The White ... Trump Just Signed a Scaled-Back AI Executive Order: What the Voluntary 30-Day Review Means for Big Tech

$10K Investment, $150 a Week – A Millionaire in 10 Years? This ETF Made It Happen
24/7 Wall St.80d agoneutral
$10K Investment, $150 a Week – A Millionaire in 10 Years? This ETF Made It Happen

Drop $10,000 into ProShares UltraPro QQQ (NASDAQ:TQQQ) on June 6, 2016, add $150 every week like clockwork, and ten years later you are sitting on $1.19 million. You put in $88,150 of real money. The remaining ~$1.1 million is what happens when 3x daily leverage meets a Nasdaq-100 decade that mostly went up. The arithmetic, ... $10K Investment, $150 a Week – A Millionaire in 10 Years? This ETF Made It Happen

NVIDIA (NVDA): The Most Promising Stock to Buy Right Now
Insider Monkey80d agobullish
NVIDIA (NVDA): The Most Promising Stock to Buy Right Now

NVIDIA Corporation (NASDAQ:NVDA) is one of the 15 Most Promising Stocks to Buy Right Now. On May 29, 2026, NVIDIA Corporation (NASDAQ:NVDA) was reportedly facing uncertainty around plans to launch Rubin CPX, an inference-focused graphics processing unit for its Vera Rubin platform, according to The Elec. The report said supply chain activity around the product […]