Jim Cramer warns that tech stocks are losing key traits that fueled their dominance, such as limited share supply and strong buybacks. The surge in AI-related IPOs from companies like SpaceX and OpenAI, along with rising capital needs for AI infrastructure at giants like Alphabet, Amazon, Meta, and Microsoft, is creating an oversupply of tech shares. This flood of new stock could pressure prices and weaken the sector's leadership. Cramer advises caution as the market adjusts to this new supply dynamic, which may lead to lower valuations until the excess stock is absorbed.
Google has reduced the monthly price of its AI subscription plan, Google AI Plus, from $7.99 to $4.99 while doubling the included storage from 200GB to 400GB. This move aims to attract more individual users and students by offering affordable AI feat...
Kalshi, a prediction market platform, now mandates users to disclose their employers when placing bets on markets with potential insider trading risks. This policy aims to identify and block insiders with non-public information before trades occur. T...
Apple is running its new frontier AI model, FM Cloud Pro, on Nvidia GPUs hosted in Google Cloud, marking a shift from its usual in-house AI compute on M-series chips. This change is due to scaling limits in Apple's private AI infrastructure, which co...
The Invesco AI and Next Gen Software ETF (IGPT) has risen about 68% year to date, fueled by strong earnings from major tech companies like NVIDIA, Microsoft, Alphabet, Amazon, Meta, and Tesla, which dominate the fund's holdings. The key factor to wat...
Alex Sacerdote, founder of Whale Rock Capital, argues that AI-powered coding is the first major AI application showing clear real-world adoption and massive growth potential. He invested in Anthropic at a $180 billion valuation, highlighting rapid im...
