Did Nvidia break antitrust law, and what does it mean for Nvidia shareholders?In today's video, I discuss recent updates impacting Nvidia (NVDA -1.55%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of September 15, 2025. The video was published on September 15, 2025. ...

Core Viewpoint - The article discusses the potential for Taiwan Semiconductor Manufacturing Company (TSMC) to double its market capitalization to $2 trillion by 2028, driven by its dominance in the semiconductor foundry market and the increasing demand for advanced chips, particularly in the context of the AI boom [2][9]. Group 1: TSMC's Market Position - TSMC is the world's first and largest pure-play semiconductor foundry, manufacturing chips for numerous clients, including major tech companies like Nvidia and Apple [4]. - TSMC commands approximately 70% of the global foundry market and about 35% of the advanced foundry market for cutting-edge chips [5]. - In Q2 2025, TSMC's foundry revenue exceeded $30 billion, significantly outpacing its closest competitor, Samsung, which reported around $3.16 billion [6]. Group 2: Financial Projections - TSMC's current market cap is around $1 trillion, and to reach $2 trillion by 2028, it would need to double its net income from a projected $48 billion in 2025 to approximately $90 billion to $100 billion [8]. - Wall Street forecasts high-teens percentage revenue growth for TSMC through 2027, indicating strong potential for financial performance [9]. Group 3: Technological Advancements - TSMC is positioned at the forefront of technological advancements, particularly in AI, as demand for its advanced chips is expected to rise with the growth of AI models [12]. - The company plans to produce 2-nanometer chips, which are projected to consume 25% to 30% less power than its current 3nm chips while maintaining similar speeds [13].

The apparel brand is in one of its largest drawdowns ever.Things have gone from bad to worse for Lululemon (LULU 1.51%). Increased competition and changing consumer trends in the United States have triggered a major growth slowdown for the apparel brand, and the stock is now off close to 70% from all-time highs. At a price of $160, the stock is at one of its lowest levels in years.Shareholders of Lululemon are feeling the pain. At the same time, its valuation is now close to its lowest level ever. Does that ...

Group 1: Market Overview - Companies are expected to benefit from double-digit earnings growth in the coming years [1] - The third quarter is nearing its end, leading to an influx of earnings reports and preparations for the holiday season [1] Group 2: Alphabet - Alphabet has reached an all-time high following the resolution of antitrust litigation, allowing it to continue its business operations without drastic penalties [4] - The company's cloud business is thriving due to AI demand, and its AI application, Gemini, is performing well on Apple's App Store [5] - Alphabet trades at a P/E ratio of 24, with anticipated annualized earnings growth of approximately 15% over the next three to five years [6] Group 3: Netflix - Netflix ended last year with over 301 million paid subscribers and has a net profit margin of 24.7% [7] - The company is expected to double its ad revenue this year through its new ad-supported membership and is expanding into live sports streaming [8] - Analysts project Netflix will grow earnings by nearly 23% annually over the next three to five years, justifying its current stock price of 45 times its 2025 earnings estimates [9] Group 4: The Trade Desk - The Trade Desk operates in a $1 trillion global advertising industry, focusing on digital ad placements and performance tracking [10] - The stock has fallen nearly 70% from its high, but its current valuation at 25 times estimated 2025 earnings is more reasonable [11] - The Trade Desk has historically outperformed the S&P 500 and is expected to achieve 20% annualized earnings growth over the next three to five years [12]

The oil and natural gas powerhouse just secured a major growth catalyst.Chevron (CVX 1.42%) has a bright future. The oil and natural gas giant has lots of potential to grow in the coming years, and one big driver of that growth will be its recently closed acquisition of Hess. This deal should drive the oil stock much higher over the next five years.The coming Hess-fueled free cash flow gusherChevron will reach a major inflection point in 2026. Free cash flow is on track to surge by an additional $12.5 billi ...

Core Viewpoint - The Vanguard Growth ETF is positioned as a significant investment opportunity due to its heavy exposure to leading AI stocks, suggesting that AI represents a once-in-a-decade investment opportunity similar to the internet boom [1][4]. Group 1: Vanguard Growth ETF Overview - The Vanguard Growth ETF tracks 165 large U.S. growth companies, with 62% of its assets in the information technology sector [4]. - The ETF's top holdings include Nvidia (12.2%), Microsoft (11.4%), and Apple (10.5%), among others [5]. - The ETF has advanced 1,003% over the last two decades, translating to an annual return of 12.8%, outperforming the S&P 500's 694% gain (10.9% annually) [7]. Group 2: Technology Sector Insights - The technology sector has the highest valuation ratio at 40 times earnings, but this is considered reasonable given projected earnings growth of 36% in the next year, resulting in a PEG ratio of 1.1 [6]. - Technology companies reported an operating margin of 24% in Q2, the highest in the S&P 500, with earnings growth of 30% [11]. - Forecasts indicate that technology companies will continue to lead in earnings growth, with a projected 36% increase over the next year, compared to 24% for healthcare [11]. Group 3: Future Projections - AI spending across hardware, software, and services is expected to grow at 36% annually through 2030 [8]. - Hedge fund billionaire Philippe Laffont predicts that the technology sector will comprise 75% of the S&P 500 by 2030, up from 34% today, driven by AI advancements [9]. - Assuming a consistent annual return of 12.8%, a monthly investment of $500 in the Vanguard Growth ETF could grow to approximately $474,400 over 20 years [9]. Group 4: Cost Structure - The Vanguard Growth ETF has a low expense ratio of 0.04%, significantly lower than the average expense ratio of 0.34% for U.S. mutual funds and ETFs [10].

Costco may have a catalyst on the horizon...Costco Wholesale Corp (COST -0.84%) has proven itself to be a winner for both shoppers -- helping them to save money -- and investors -- helping them to make money -- over time. The company is known for its $1.50 hotdogs, $5 rotisserie chicken, and a wide variety of grocery and general merchandise sold for rock bottom prices. Costco's earnings have soared into the billions of dollars, and the stock price has followed, advancing about 180% over the past five years. ...

Group 1: Artificial Intelligence Investment Opportunities - The investment landscape in the artificial intelligence (AI) sector is broadening beyond established companies like Nvidia, Broadcom, and Microsoft [1] - Demand for data center hardware, particularly from Nvidia, is surging due to the increased computing power required by new AI models [1] Group 2: Upstart Holdings - Upstart has developed an AI-driven algorithm that evaluates 2,500 data points for each borrower, allowing for automated loan approvals 92% of the time [5] - The company originated 372,599 loan approvals in Q2 2025, a 159% increase year-over-year, with a total loan value of $2.8 billion, marking a three-year high [6] - Revenue for Upstart reached $257 million in Q2 2025, a 102% year-over-year increase, and is projected to exceed $1 billion in annual revenue for the first time this year [7][8] - Upstart's CEO anticipates that AI will replace human-led loan assessments within a decade, potentially accessing a $25 trillion annual origination market and generating $1 trillion in annual fee revenue [9] Group 3: DigitalOcean - DigitalOcean focuses on serving small and midsize businesses (SMBs) in the cloud computing sector, offering affordable pricing and personalized service [10] - The company provides a range of services for SMBs, including data storage, website hosting, and AI software deployment, utilizing Nvidia-powered data centers [11] - DigitalOcean launched an AI platform called Gradient, which includes tools for developing AI software and ready-made large language models [12] - The company is projected to generate up to $890 million in revenue in 2025, with AI revenue growing over 100% year-over-year in Q2 [13] - DigitalOcean's stock is currently trading at a price-to-sales ratio of 4.3, significantly below its average of 8.5 since going public, presenting a potential investment opportunity [14]

Core Insights - The article emphasizes three companies—Waste Management, Intuitive Surgical, and Marriott International—as strong candidates for long-term investment due to their competitive advantages and stable cash flows [2][3]. Waste Management - Waste Management (WM) reported second-quarter revenue of approximately $6.4 billion, reflecting a 19% year-over-year increase, driven by solid performance in core operations and contributions from a healthcare disposal acquisition [5]. - The legacy disposal business saw a revenue increase of 7.1% year over year, indicating robust growth even without acquisitions [5]. - WM's management projects full-year free cash flow between $2.8 billion and $2.9 billion, significantly up from an initial guidance of $125 million, supporting dividends and buybacks while allowing for growth investments [6]. - The company's scale, route density, and long-term contracts create a competitive moat that is difficult for new entrants to penetrate [6]. Intuitive Surgical - Intuitive Surgical reported second-quarter revenue of about $2.44 billion, a 21% year-over-year increase, driven by higher placements of da Vinci systems and increased procedure volumes [9]. - The installed base of da Vinci systems grew at a double-digit rate, and management expects procedure growth of approximately 15.5% to 17% in 2025 [9][10]. - The company has a strong balance sheet with significant cash reserves and no debt, enhancing its resilience [12]. - Intuitive Surgical's price-to-earnings ratio is around 61, indicating that much of the potential upside is already reflected in the stock price [11]. Marriott International - Marriott International's second-quarter revenue per available room (RevPAR) increased by 1.5% year over year, with international markets growing by 5.3% [13]. - Non-GAAP earnings per share rose to $2.65, up from $2.50 in the previous year, and adjusted EBITDA reached approximately $1.4 billion, a 7% increase year over year [13]. - The company repurchased about $0.7 billion of stock during the quarter and has returned approximately $2.1 billion year to date through dividends and buybacks [13]. - Marriott's asset-light model, focusing on franchising and management rather than ownership, allows for low capital needs and strong cash conversion [14].

Core Insights - The excitement surrounding forward stock splits in high-profile companies has significantly contributed to the S&P 500's performance in 2025, alongside the trend of artificial intelligence [1][2] Group 1: Stock Split Dynamics - A stock split allows companies to adjust their share price and outstanding share count without affecting market capitalization or operating performance [2] - Investors typically favor companies that announce forward splits, as these are perceived to make shares more affordable for retail investors [4] - Companies completing forward splits often demonstrate superior innovation and execution compared to their competitors [4] Group 2: Company Performances - O'Reilly Automotive has seen a 36% year-to-date increase, driven by a 15-for-1 forward split and strong demand for auto parts due to the aging vehicle population [5][6][7] - Fastenal's shares are up 32% year-to-date, benefiting from its corporate culture of frequent stock splits and strong ties to contract sales, which account for over 73% of its net revenue [11][14] - Interactive Brokers Group has outperformed with a 44% year-to-date increase, supported by a favorable stock market environment and significant investments in technology that enhance customer offerings [17][18][19][20]