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Who Is The World’s Second Richest Person?
24/7 Wall St.53d agoneutral
Who Is The World’s Second Richest Person?

After SpaceX’s (NASDAQ: SPCX) IPO, Elon Musk’s net worth rose to $1.27 billion, making him the first trillionaire in world history (at least as far as most people know, based on inflation-adjusted dollars). His net worth has risen to $653 billion this year. That increase alone is larger than the net worth of the second-richest ... Who Is The World’s Second Richest Person?

Bloomberg53d agobullish
Apple Plans Camera AirPods Alongside Upgraded Foldable iPhone in 2027

(Bloomberg) -- Apple Inc.’s upcoming camera-equipped AirPods, a product meant to vault the company into the AI device market, is scheduled to launch in late 2027 as part of a flurry of new releases.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealStudios in Microsoft’s Xbox Division Brace for ClosuresSpaceX Cements $60 Billion Cursor Takeover Following IPOSpaceX Set to Overtake Amazon in Value as It Soars fo

Why I Can’t Stop Buying This Cash-Rich Stock After a Massive $145 Billion AI Shift
24/7 Wall St.53d agobullish
Why I Can’t Stop Buying This Cash-Rich Stock After a Massive $145 Billion AI Shift

I keep hitting the buy button on Meta Platforms (NASDAQ:META), and the louder the market panics about the company’s $125 billion to $145 billion capital expenditure plan, the more shares I add. The stock sits at $593.48, down 9.94% year to date and 12.75% over the past year. To me, that is a sale tag ... Why I Can’t Stop Buying This Cash-Rich Stock After a Massive $145 Billion AI Shift

The AI Bubble Burst Calls are Getting Louder. But Hype-Defying Fortresses Prove There’s Deep Value Hiding in Plain Sight.
24/7 Wall St.53d agoneutral
The AI Bubble Burst Calls are Getting Louder. But Hype-Defying Fortresses Prove There’s Deep Value Hiding in Plain Sight.

It’s hard to be genuinely bullish on stock markets these days, even as the AI revolution moves ahead and models like Claude Code and Claude Mythos look to transform the way we think about the software. Indeed, the powerful new AI tools sparked the SaaS-pocalypse, and the big question is whether we’ll be in for ... The AI Bubble Burst Calls are Getting Louder. But Hype-Defying Fortresses Prove There’s Deep Value Hiding in Plain Sight.

SpaceX Options Start Trading Today. It Will Be Wild.
Barrons.com53d agoneutral
SpaceX Options Start Trading Today. It Will Be Wild.

Options on SpaceX stock are scheduled to begin trading when the stock market opens on Tuesday. The options trading is likely to boost the stock, though it could create some intraday price swings. Demand for the stock is so high that the options are likely to be among the most actively traded in the entire options market, joining a pedigreed club that includes Apple Amazon com, Nvidia Meta Platforms, and others in an exclusive club.

Howard Marks: Investing in AI Stocks Is ‘Closer to Speculating’ Than Analysis
24/7 Wall St.53d agoneutral
Howard Marks: Investing in AI Stocks Is ‘Closer to Speculating’ Than Analysis

Although the AI buildout has minted trillions in fresh market value across Wall Street, Howard Marks thinks buyers of these stocks are kidding themselves about what they actually own. On a recent Prof G Markets appearance, Oaktree Capital co-founder Marks laid out a spectrum running from “analytical investing in prosaic, understandable companies” to “speculative investing ... Howard Marks: Investing in AI Stocks Is ‘Closer to Speculating’ Than Analysis

Why Meta (META) Stock Is Up Today
StockStory53d agoneutral
Why Meta (META) Stock Is Up Today

Shares of social network operator Meta Platforms (NASDAQ:META) jumped 4.7% in the afternoon session after oil prices and yields fell as the Trump Administration announced a new peace deal that would lead to the reopening of the Strait of Hormuz.

Uber (UBER) Stock Trades Up, Here Is Why
StockStory53d agoneutral
Uber (UBER) Stock Trades Up, Here Is Why

Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER) jumped 5.7% in the afternoon session after the company announced a significant expansion of its advertising business with the introduction of new products for brands.

Meta Tests New Revenue Streams With Instagram Plus And AI Cost Controls
Simply Wall St.53d agoneutral
Meta Tests New Revenue Streams With Instagram Plus And AI Cost Controls

Meta Platforms (NasdaqGS:META) is rolling out Instagram Plus, a global paid subscription tier that adds premium features on Instagram and expands revenue beyond advertising. The company is also introducing new AI powered business agents that can execute real tasks for enterprise clients across WhatsApp, Messenger, and Instagram. At the same time, Meta is tightening internal controls on AI related spending, including using an internal AI Gateway platform to track usage and budgets after heavy...

3 Reasons META Has Explosive Upside Potential
StockStory53d agoneutral
3 Reasons META Has Explosive Upside Potential

Over the past six months, Meta’s stock price fell to $569.25. Shareholders have lost 12.1% of their capital, which is disappointing considering the S&P 500 has climbed by 8.4%. This might have investors contemplating their next move.