He is the head of technology research at Wedbush. Dan, we're going to get to Nvidia and earnings. That's why you're here.Get to that in one second. I do have to ask you about this lawsuit. Is this all noise. Is it all light and no heat.What do you make of it. I think 80%'s noise, but look, 20%. This is an AI arms race going on.And Musk knows with XAI. You know, they're they're playing from behind relative to where all men open AI are as well. And look, and Apple obviously caught in the middle here.It's not ...

AI Military Implications - AI 技术可能具有与原子武器相当的军事意义 [1] - AI 军备竞赛正在升温，风险很高 [1]

“There are strong reasons to believe that AI could be a technology with military implications equivalent to atomic weaponry”. As the AI arms race heats up, Alex Hern reveals just what’s at stake, on “Babbage” https://t.co/a26xKnyznr ...

AI Infrastructure & Energy - Kevin O'Leary suggests the U S should emulate Bitcoin miners' strategy of building in low-cost energy regions as a model for AI infrastructure [1] - The U S is at risk of falling behind in the AI arms race [1] Bitcoin Mining - Bitcoin miners' approach to building in low-cost energy regions offers a blueprint for AI infrastructure [1]

Group 1 - Wedbush Securities maintains a bullish outlook on Tesla with an Outperform rating and a price target of $500, despite concerns over the ongoing feud between CEO Elon Musk and President Donald Trump, which may impact Tesla's regulatory progress for autonomous driving [1][4] - Tesla shares have recently experienced a decline, dropping 1.84% to close at $317.66, with a total fall of over 10% in the past week, and further pre-market trading saw a decrease of 4.24% [2] - The contrasting views on Tesla's prospects between Wedbush and JPMorgan highlight the divided sentiment on Wall Street regarding the company's future [4] Group 2 - The conflict between Musk and Trump is described as a "soap opera" by Wedbush analyst Daniel Ives, which is seen as a significant overhang on Tesla's stock, raising investor concerns about potential scrutiny from the Trump Administration regarding Musk-related government spending [5][6] - Ives anticipates immediate pressure on Tesla's stock due to investor worries about the political drama, but believes that the situation will stabilize as both Musk and Trump have mutual interests in the ongoing AI arms race between the US and China [7] - JPMorgan's Ryan Brinkman predicts a 63% decline in Tesla's stock, setting a price target of $115, which contrasts sharply with Wedbush's target [8] - Brinkman has revised his Q2 delivery estimate for Tesla to 360,000 vehicles, down from 395,000, indicating a 19% year-over-year decline from the 444,000 deliveries reported in Q2 2024, citing continued softer demand for Tesla vehicles [9]

Core Viewpoint - Alphabet is currently undervalued despite fears surrounding its core business being disrupted by generative AI, as it continues to show strong growth in various segments [1][10]. Group 1: Alphabet's Business Performance - Alphabet's core business, primarily driven by Google search, remains robust, generating significant cash flow that supports other ventures [3]. - Concerns about generative AI replacing Google search have not materialized, with Google search revenue increasing by 10% year over year in Q1 [4][6]. - Google Cloud, another key division, experienced remarkable growth with a 28% year-over-year revenue increase in Q1, and its operating margin nearly doubled from 9.4% to 17.8% [7]. Group 2: Stock Valuation - Alphabet's stock is trading at 17.4 times forward earnings, significantly cheaper than the S&P 500's 22.8 times forward earnings, indicating it is undervalued [9]. - The company's revenue and diluted earnings per share grew at rates of 12% and 49%, respectively, during the first quarter, suggesting strong performance [8]. - The combination of market-beating growth and a below-market price makes Alphabet a compelling investment opportunity [10].

Core Viewpoint - The article discusses the heightened security measures and protests at major tech conferences, particularly focusing on Microsoft and Google, in response to the companies' contracts with the Israeli government and the ongoing conflict in Gaza [3][5][12]. Group 1: Security Measures - There has been a significant increase in security requests from tech companies over the past six to nine months, attributed to protests and civil unrest, particularly among Fortune 500 companies [5]. - Google increased its security costs by 22% in 2024, bringing the total to $8.27 million, reflecting a broader trend among S&P 500 companies to enhance security measures [18]. - Security firms report that tech companies are now required to meet higher security standards due to their collaborations with governments, especially in light of the ongoing AI arms race [14][18]. Group 2: Protests and Internal Dissent - Protests at the Microsoft Build conference included employees voicing opposition to the company's contracts with the Israeli military, with demonstrators interrupting keynotes by executives [1][9]. - Microsoft employees have formed groups like "No Azure for Apartheid" to oppose the company's military contracts, indicating a growing internal dissent [7]. - Google faced similar protests against its Project Nimbus, a $1.2 billion deal with the Israeli government, with demonstrators demanding the cancellation of the contract [13]. Group 3: Impact of Current Events - The atmosphere at tech conferences has been tense following the October 2023 Hamas attack on Israel and subsequent military actions in Gaza, contributing to the protests and security concerns [3]. - The protests and heightened security reflect a broader societal response to the political climate and the role of technology companies in military applications [5][14].