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Former OpenAI executive Sutskever discloses nearly $7 billion stake in AI firm
Reuters98d agoneutral
Former OpenAI executive Sutskever discloses nearly $7 billion stake in AI firm

Former OpenAI Chief Scientist Ilya Sutskever said on Monday his ownership stake in the artificial intelligence startup is ‌worth about $7 billion, as he testified in a legal fight between ‌Elon Musk and OpenAI. • The trial could determine the future of OpenAI, which spearheaded widespread use ​of AI with its ChatGPT chatbot and has been raising billions of dollars from investors to build out its computing power ahead of a potential trillion-dollar IPO. • Musk is seeking fundamental changes to the governance of the company as ‌well as $150 billion in damages ⁠from OpenAI and Microsoft, one of its largest investors.

Advanced Micro Devices and Other Growth Stocks Are Flying High. History Says Hold on to Them.
Barrons.com98d agoneutral
Advanced Micro Devices and Other Growth Stocks Are Flying High. History Says Hold on to Them.

If it feels like growth stocks can’t continue their outperformance much longer, ignore that feeling. The Vanguard S&P 500 Growth Index Fund Exchange-Traded Fund, home to companies with high sales growth including Nvidia Advanced Micro Devices Microsoft and Eli Lilly is up 13% in the past month. A couple of factors have driven the performance of the growth stocks.

If Trump’s Bull Market Does Cool Off, These Stocks Could Reverse Fast — and These Others Might Keep Powering Higher
24/7 Wall St.98d agoneutral
If Trump’s Bull Market Does Cool Off, These Stocks Could Reverse Fast — and These Others Might Keep Powering Higher

The great Trump bull market continues despite all the things that had investors running for the hills just over one month ago. The war in Iran isn’t quite yet over, and there are some who think the Strait of Hormuz could stay closed for quite a while longer. Either way, AI is in the driver’s ... If Trump’s Bull Market Does Cool Off, These Stocks Could Reverse Fast — and These Others Might Keep Powering Higher

The Hidden Drag of SPY’s Outdated UIT Structure: Why VOO’s 6.45 Basis Point Fee Advantage Matters Over a Decade
24/7 Wall St.98d agoneutral
The Hidden Drag of SPY’s Outdated UIT Structure: Why VOO’s 6.45 Basis Point Fee Advantage Matters Over a Decade

SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and Vanguard 500 Index Fund ETF (NYSEARCA:VOO) track the same S&P 500 index. The real contest is structure, cost, and cash flow. With the VIX at 17.39, this is a clean moment to compare them. Same Index, Same Names at the Top Both funds own identical holdings. SPY’s largest ... The Hidden Drag of SPY’s Outdated UIT Structure: Why VOO’s 6.45 Basis Point Fee Advantage Matters Over a Decade

Alphabet Could Pass Nvidia As World’s Most Valuable Company
24/7 Wall St.99d agoneutral
Alphabet Could Pass Nvidia As World’s Most Valuable Company

NVIDIA (NASDAQ: NVDA) could lose its crown as the world’s most valuable company. Alphabet’s (NASDAQ: GOOG) market cap sits at over $4.8 trillion. NVIDIA’s is $5.2 trillion trillion. However, Nvidia’s market cap is up 16% this year. Alphabet’s is up 26%. And, Nvidia’s stock has jumped around recently, with a sell-off in early May. What ... Alphabet Could Pass Nvidia As World’s Most Valuable Company

Got $25,000? Apple vs Microsoft- Only One Tech Titan is Winning The AI Race
24/7 Wall St.99d agoneutral
Got $25,000? Apple vs Microsoft- Only One Tech Titan is Winning The AI Race

Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) reported earnings less than 24 hours apart in late April. Apple delivered a record March quarter powered by the iPhone 17 cycle. Microsoft posted an AI annual revenue run rate of $37 billion, up 123%. Both beat. Only one is monetizing generative AI at scale today. iPhone 17 ... Got $25,000? Apple vs Microsoft- Only One Tech Titan is Winning The AI Race

Leading Stocks Are Losing Their Low-Asset Edge
The Wall Street Journal99d agoneutral
Leading Stocks Are Losing Their Low-Asset Edge

It’s business lesson number one: “You’ve got to spend money to make money.” Now that we have details of a full century of detailed U.S. stock returns, investors who study it for an edge can confidently say that asset-light companies did much better. “We know from this 100 years of data that capex is bad,” says Gregg Fisher, a pioneer of factor-based investing and portfolio manager at Quent Capital.