Stacy, did Micron sound the allcle back on the AI semiconductor train. >> I I mean, look, so um I won't comment on Micron as a stock. My colleague covers it.How however I I mean like we've seen memory prices going up, you know, a gazillion% every single day because supply is very tight and prices have gone and we saw that in their results. And why is supply tight. Big reason of it is because AI demand is off the charts.like you've got tons of demand for what's called high bandwidth memory. This is the type ...

Tech is back in the leadership position today. Big tech, but small caps lately have been the ones putting up some big gains. The Russell 2000 outperforming the Mag 7 over the past month, and my next next guest thinks that'll continue.Says the trade has legs next year, but expects the leadership to change. Julie Beal is chief market strategist at Kane Anderson RDN. Julie, welcome.And what do you think is about to take place. Well, I think that what's going to really start to happen is people are going to rec ...

Stocks. Look at that. They are higher across the board.We had some cooler than expected inflation data, but there is growing skepticism over how reliable the CPI numbers may really be. Steve Leeman joining us now with more on this story, which is going to get some attention, Steve, because, you know, questioning the data is like a thing. >> It is, but not for political reasons, for methodological reasons.Brian, to use a very large television word, stocks, as you say, they're loving this much cooler than inf ...

Regulatory Changes - The industry is experiencing a massive shift, potentially the largest in the last 50 years, due to the rescheduling of cannabis [3] - Cannabis is being reclassified from a Schedule 1 drug to a Schedule 3 drug, aligning it with substances like Tylenol with codeine or steroids [2] - This rescheduling is expected to increase access to medical research and attract more investment into the cannabis industry [2] - Companies selling cannabis may benefit from new opportunities to claim basic tax deductions that were previously unavailable [2] Healthcare Access - Dr Oz is introducing a Medicare pilot program to provide eligible seniors with access to cannabis [3] Market Impact - Cannabis stocks are reacting positively to the news [3]

Micron's Performance and Outlook - Micron's advanced memory production for AI is completely sold out through 2026 [1] - Memory pricing jumped 20% quarter-over-quarter, and storage chips were up in the mid-teens percentage [1] - The company expects margins and performance to continue improving through fiscal year 2026 [1] - The rate of pricing increases will slow beyond February [1] - Micron's stock is up 199% this year [2] Cost Impact and Supply Chain - Hyperscalers like Amazon, Microsoft, and Google face higher costs for AI data center buildout [3] - Server makers like Dell, Lenovo, and HPE are absorbing higher costs and passing them along [3] - HPE raised server prices by 15% in November [4] - Dell followed with a roughly 15% to 20% increase this month [4] - Broadcom's gross margins were compressed by roughly 100 basis points due to memory costs [4] Industry Impact - Micron's strong guidance is helping other memory and data storage names like SanDisk, Seagate, Western Digital, and Lamb Research, with these names trending at least 3% to 4% higher [5]

Okay, happening right now, the president is signing that executive order to reclassify marijuana as a less regulated schedule 3 drug from a schedule one. Let's listen in for a moment. >> And that is exactly what we're doing.This is really something having to do with common sense. And it's something having to do with the fact that so many people that I respect ask me to do. People that are having problems, big problems. They are having big problems with illness with cancer in particular.I now want to ask Dr. ...

Google is working on a new software approach that would take aim at one of NVIDIA's biggest advantages in AI. Let's bring in Dear Jabosa with more details in today's tech check as we try to keep all of these pieces and players straight in our heads. Dearra, there's a lot going on.So, here's the story. It's that Google's chip challenge to Nvidia. It's moving from hardware to software.Nvidia's dominance with GPUs that's always gone handinand with software needed to run them. That is CUDA. But now, Reuters fir ...

Shares of Trump Media soaring 37% after announcing plans, and follow me on this one, to merge with a fusion company, a private one called TAE Technologies. That's right, a nuclear fusion company. It's going to make that company go public.Aean Jabers is in Washington with more. Aean, uh, please explain this deal to us. Hey there, Kelly.Yeah, the announcement this morning was surprising to say the least. Trump Media and Technology Group said it will merge with an experimental fusion energy corporation called ...

AI Demand & Market Fundamentals - Micron's demand indicates the AI trade's fundamentals are strong, despite short-term trader nervousness [2][3] - The AI sector is expected to see over 40% compound annual growth rate (CAGR) for the next few years, driven by off-the-charts demand [3] - Demand for chipsets continues to be solid [4] Free Cash Flow & Capex - Free cash flow is crucial for funding capital expenditures (capex) [5] - Mega-cap companies are generally covering 80-90% of their capex with cash flow from operations [7] - The market favors companies funding capex with free cash flow over those relying on debt [8][9] Company Strategy & Investment Focus - Silvent Capital prefers large-cap companies that are executing well and funding capex with free cash flow [5] - The firm is focusing on hyperscalers like Google (Alphabet), Amazon, Microsoft, and Nvidia, due to their capital and continued growth [10]

Market Trends & Investment Opportunities - Precious metals are experiencing a surge due to the "debasement trade," where investors seek assets other than fiat currency [3][5] - Platinum is highlighted as a potentially strong investment due to the EU's revised stance on internal combustion engines, removing negative pressure and opening upside potential [4] - The gold-platinum ratio suggests significant upside for platinum [4] Dollar Debasement & De-dollarization - The "debasement trade" reflects a desire to own assets other than fiat currency, while "de-dollarization" involves avoiding US dollars to evade US sanctions [5] - Central banks are driving gold demand as they seek to diversify away from the dollar and protect assets from potential seizure [6] Gold vs Bitcoin - Gold's long history and substantial market size ($30 trillion) provide a level of security preferred by central banks and individual investors, compared to Bitcoin's smaller market size ($15 trillion) [8][9] - Gold's proven resilience over millennia contrasts with Bitcoin's relative infancy as a 16-year-old market [8]