“An hour of sushi and begging.” That’s how Elon Musk (net worth: $210 billion) and Larry Ellison (net worth: $138 billion), founder of Oracle, described their lunch. Musk and Ellison don’t have to beg for much in life. They are usually on the other side of the begging … most people need something from them. But this time was different. In Nobu, a Japanese restaurant in Palo Alto, California, Musk and Ellison were begging Nvidia’s co-founder/CEO Jensen Huang for his company’s H100 — Nvidia’s advanced chip. Nvidia made billions of dollars selling graphics processing units, or GPUs, for PC gamers ..read more

I called it… The market is experiencing an inevitable pullback. This comes after one of the strongest six-month rallies in the S&P 500 — within the last 30 years. Like I said last week, this pullback is due to a combination of geopolitical concerns in the Middle East, and fears that the Federal Reserve will take longer than expected to cut interest rates, thanks to inflation. But think of this as a bull market correction, rather than a “world-ending” market event. I’m looking at the longer-term investing opportunities of artificial intelligence (AI), cryptocurrency, biotech and other massi ..read more

On February 5, I predicted gold would head higher… It wasn’t a popular prediction. The metal was hitting its prior highs near $2,135 per ounce but failing to break through. If you were just looking at the chart, you may have thought that it was about to break lower instead. However, the breakout I expected happened: After getting to that $2,150 point, prices flatlined for a moment before continuing higher. The metal topped $2,400 in trading last week amid rising global fears. Today, prices are pausing again, but the uptrend is clear. Gold was already beating the stock market this year before ..read more

Generating income can feel like a bit of a wild goose chase… Trying to find the smartest way to safely and steadily, that is. Sure, you want to consistently build your wealth over time — but without the headache of worrying about high, unpredictable risks. You’ve likely seen a ton of options floating out there… Everything from: Buying dividend-paying stocks. Government bonds. Fixed-income securities (like CDs and money market funds). Real estate investment trusts (REITS). Owning rental properties. This is just to name a few. And these may be touted as promising investments. But digging deepe ..read more

“Money is just a transient commodity that has not been converted into GPUs yet.” Those were the words of Dr. Bojan Tunguz, who spent the last five years developing machine learning and artificial intelligence (AI) programs for chipmaker Nvidia. Since he’s now leaving his post at Nvidia, Dr. Tunguz thought he’d share some sage advice with the rest of the industry in a now-viral Twitter post: This wasn’t just his opinion, either. “It’s totally undisputed conventional wisdom in tech circles,” Dr. Tunguz explained in a following tweet. Nvidia is the world’s leading manufacturer of Graphics Proces ..read more

On Saturday, Iran launched an unprecedented attack against Israel. It seemed like a well-planned operation. Suicide drones, ballistic missiles and cruise missiles were launched from several locations. The plan was most likely an attempt to overwhelm Israel’s air defense systems … and it failed. Israel and its allies prevented 99% of the drones and missiles from reaching their targets. This kind of outcome is fairly typical in military actions. More than 150 years ago, Prussian Field Marshal Helmuth von Moltke wrote: “No plan of operations extends with any certainty beyond the first encounter w ..read more

Inevitable… That’s the only word I know to describe it. Artificial intelligence (AI) is going to drive the Dow Jones Industrial Average to 100,000 over the next decade … if not sooner. Every industry in the U.S. will benefit from AI. It will add billions and billions of dollars … on a yearly basis to wealth creation. U.S. GDP for 2023 was more than $27 trillion. If AI increases GDP by just 5% … that would come to more than $1 trillion! In that context, my estimate of Dow 100K might be too low. I shared with you three industries that could surge from AI: health care, retail and manufacturing. B ..read more

Editor’s Note: Amber and I are celebrating one whole year of Market Insights! This is an exclusive weekly newsletter my team and I created for all subscribers of my financial services. You can join them in getting more market news, tech mega trends and investing opportunities today. If you’re ready to invest in my top-recommended AI stocks for 2024, for example, go here to learn more. The U.S. economy is still going strong. The March jobs report showed stronger employment numbers, maintaining the “Goldilocks” environment I told you about last week… Not too hot, and not too cold. But there are ..read more

Go onto any American farm today, and you’ll see some familiar sights. Rows of crops. Tractors tending to the fields. You may even see a new machine attached to tractors today. It looks like this: The company that manufactures this product calls it the See & Spray system. It’s still in its early stages. But it’s already having a massive impact where it’s being rolled out. The See & Spray uses a combination of robotics and 36 cameras that can scan 2,100 square feet at once. Machine learning allows it to identify weeds. Then, utilizing dual tanks that can be used individually or in tande ..read more

Before ChatGPT… Before Nvidia became a trillion company… Charles Mizrahi made a HUGE AI prediction. You’ve got to see this:   He called the AI boom we are in TODAY. And now, he’s making another bold call. And revealing details about his No. 1 AI stock for 2024. We’re going to make it easy for you. You can unlock Charles’ new prediction in this simple video presentation we put together: Why? The AI revolution is ON. It’s still in the first inning. But if you procrastinate, you risk missing it. In this new video, you’ll… ? Hear why industry leaders (Google, Amazon, Walmart, IMB and Nvidi ..read more