Nvidia reported a strong quarter with $81.61 billion revenue, driven by its AI platform and software ecosystem, especially in data centers and networking. Meanwhile, Cerebras, newly public, showed impressive chip speed and a major OpenAI deal but forecasted negative operating margins due to high infrastructure costs. Nvidia's broad developer support and high margins make it a more stable AI investment, while Cerebras faces challenges scaling economically despite its speed advantage. The key test ahead is whether developers shift away from Nvidia's CUDA platform, especially with OpenAI's custom chip emerging as competition.
Wedbush views the recent sharp sell-off in major tech stocks like Microsoft, Meta, and Nvidia as short-term impatience rather than a breakdown in the AI sector. The broker highlights that these companies are in the early stages of a long-term AI infr...
The ETF market is seeing a new trend with multiple firms launching 'MANGOS' ETFs that include AI and commercial space technology companies such as Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. This marks a shift from the traditional 'Magnifice...
Wedbush views the recent sharp sell-off in major tech stocks like Microsoft, Meta, and Alphabet as short-term impatience rather than a collapse in the AI sector. The broker highlights that these companies are in an 'air pocket stage' due to heavy cap...
OpenAI's potential delay of its IPO to 2027 highlights a critical moment for AI valuations and the market's ability to absorb new public AI companies. Despite OpenAI's high valuation of around $852 billion and a 38x sales multiple, concerns about cas...
The S&P 500 has exceeded expectations due to the AI boom and strong semiconductor fundamentals, prompting an upgrade of the 2026 price target from 7,380 to 7,500. Despite a recent pullback from June highs, semiconductor stocks remain the rally's core...
