Market Trend & Investment Opportunities - The market is close to all-time highs, and despite potential short-term weakness due to Treasury General account requequification, it's time to lean in, presenting buying opportunities [1][2] - The greatest capex boom is yet to come, driven by AI spending, with trillions of dollars still to be deployed in digital infrastructure [2][3] - Weakness in financials, industrials, utilities, and information technology sectors represents buying opportunities [4] - The S&P 500 has rallied almost 30% off the lows, and the NASDAQ has rallied 40% off the lows, indicating a strong profit cycle with potentially another double in the S&P [6][7] AI & Technology - Generative AI hitting the cost line helps margins expand, creating greater profitability and ROI in both public and private markets [8] - Data center buildout, requiring billions and ultimately trillions in spending, creates a catalyst for a full profit cycle [8] Financial Sector - The financial sector, including asset managers, advisors, and lenders, is a buy, supported by infrastructure rebuild and the increasing need for retirement investments [9][10][11] Valuation & Asset Management - An asset-light era is occurring, where companies with less fixed cost relative to labor, strong cash, and balance sheets should maintain higher multiples than historically seen [12] - Multiples sticky at current levels make sense [13]

White House AI adviser David Sacks defended the Trump administration’s decision to allow Nvidia and Advanced Micro Devices to resume sales of some artificial intelligence chips to China https://t.co/MlIGP4Sjvz ...

Some of the world’s biggest companies pledged tens of billions of dollars to accelerate the development of artificial intelligence in Pennsylvania, the latest splashy investments expected to draw praise from President Trump https://t.co/HU6Ahq3LEq ...

which is a nice segue to this because this morning, President Trump, members of his cabinet, CEOs of energy and AI companies, they're all gathering in one place, Pittsburgh, for the first annual energy and innovation summit. Joining us right now, first on CNBC is Senator Dave McCormack. Senator, good morning to you.Uh, congratulations on uh on what looks like an incredible event. Uh, tell us what's going on in Pittsburgh and then I've got about a million questions to ask you about all that's going on in AI ...

xAI, Elon Musk’s artificial intelligence and social media company, is in the early stages of a funding round that could value the business at $200 billion, the FT reports https://t.co/7JMIW2SNGQ ...

Grok, the flagship chatbot behind Elon Musk’s artificial intelligence company xAI, published a number of antisemitic posts, its second flurry of controversial responses to users in recent months https://t.co/f3zsFqP1NE ...

got alarming but not quite surprising news out of the State Department. An unknown person used artificial intelligence to impersonate Secretary of State Marco Rubio contacting at least three foreign ministers, a US governor, and a member of the United States Congress. That's according to a State Department cable obtained by NBC News. The cable was first reported by the Washington Post. It is um so what's the problem? Well, Michael, that this is going to keep that this is going to keep happening. It is going ...

Nvidia is poised to take advantage of growing demand for sovereign artificial intelligence, Citi analysts wrote Monday. https://t.co/DQdD4T2WVc ...

CoreWeave said it has received the market’s first artificial intelligence server system based on the newest, high-end Nvidia chip, a sign of its rising stature in the competitive AI cloud-computing space. https://t.co/iHmehJbTYn ...

Core Viewpoint - Tesla's stock experienced a significant decline, dropping 5% in a single trading session, contributing to a broader market downturn influenced by investor profit-taking and tensions between Elon Musk and President Trump [1][2]. Market Impact - Tesla's news significantly affected the overall market, with the S&P 500 and Nasdaq Composite also experiencing declines of 0.1% and 0.8% respectively [1][2]. - The U.S. Senate's passage of a tax and budget bill without restrictions on state AI regulations added to the bearish sentiment surrounding Tesla [4]. Stock Performance - Tesla's stock has decreased by 13% over the past month and approximately 26% year-to-date [4]. - The company's current valuation stands at about 10 times this year's expected sales and 161 times expected earnings, indicating that substantial growth is already factored into the stock price [6]. Business Outlook - The launch of Tesla's robotaxi service in Austin, Texas, marks a step forward, but scaling the business may take time [5]. - The core auto business faces potential headwinds, with a weaker sales outlook raising concerns about the stock's risk profile [7].