Core Insights - Elon Musk has appointed Anthony Armstrong as the new CFO of xAI, his artificial intelligence firm [1][4] - Armstrong will manage financial operations for both xAI and the social media platform X, which Musk merged earlier this year, valuing the combined entity at approximately $113 billion [2] - The appointment comes as xAI is preparing for a new funding round that could value the company at nearly $200 billion [5] Leadership Changes - Armstrong replaces Mike Liberatore, the previous CFO of xAI, who left after conflicts with Musk's inner circle [4] - The leadership change follows several high-level departures within Musk's companies, including Linda Yaccarino, the former CEO of X [4] Background of Anthony Armstrong - Before joining xAI, Armstrong led global technology M&A at Morgan Stanley and advised Musk on the $44 billion acquisition of Twitter in 2022 [6] - He briefly served in the Trump administration as a senior adviser to the Office of Personnel Management [6] Company Developments - xAI has recently laid off about 500 data annotation workers as it shifts focus towards specialist roles to enhance the development of its Grok chatbot [7]

Core Insights - The article discusses the current sentiment around AI investments and highlights 10 stocks that are gaining attention on Wall Street as AI continues to be a focal point for investors [2][5]. AI Market Sentiment - Analysts are debating whether the market is in an AI bubble, with Ohsung Kwon from Wells Fargo Securities suggesting that third-quarter earnings could exceed expectations by approximately 4%, particularly driven by AI semiconductor companies [2]. - The impact of tariffs from the Trump administration is anticipated to be felt in the fourth quarter, with Kwon expressing a lack of enthusiasm for sectors outside of AI [2][3]. Stock Highlights - **Bitmine Immersion Technologies Inc (BMNR)**: Recommended for its volatility, with two hedge fund investors backing it [6]. - **Snap Inc (SNAP)**: Noted for a recent stock rally due to expectations surrounding TikTok's potential changes, despite a disappointing earnings report. The company reported 432 million Daily Active Users (DAU), a 10% year-over-year increase, but revenue of $1.24 billion fell short of expectations [7][9]. - **Spotify Technology (SPOT)**: Gaining traction as it dominates Apple Music, with a significant increase in market share and revenue growth of 18% to €15.7 billion in 2024. The company has also turned a €311 million operating loss into a €1.4 billion profit [10][11]. - **Tesla Inc (TSLA)**: Analysts see potential for a breakout as shares gain momentum, with recent developments in its robotaxi business and new model introductions [12]. - **Oracle Corp (ORCL)**: The appointment of co-CEOs is seen as timely, although there are concerns about the effectiveness of dual leadership. Oracle's quarterly results exceeded expectations, and a new cloud deal could generate up to $30 billion in annual revenue [13][15]. - **Apple Inc (AAPL)**: Initial data on the iPhone 17 suggests a better-than-expected cycle, although the company faces challenges in maintaining its market position amid increasing competition in AI [17].

Core Insights - October is historically a volatile month for the stock market, making it difficult to identify top momentum stocks. The "buy high and sell higher" approach, known as the Driehaus strategy, is recommended for identifying momentum stocks [1][3] Momentum Stock Selection - Meta Platforms, Inc. (META) and Vertiv Holdings Co. (VRT) have been identified as today's momentum picks using the Driehaus strategy [2][9] - Both companies hold a Zacks Rank of 2 and a Momentum Score of A, indicating strong potential for price appreciation [9][10] Driehaus Strategy Breakdown - The Driehaus strategy emphasizes investing in stocks that are increasing in price rather than those in decline. This approach is supported by the American Association of Individual Investors (AAII), which considers the percentage 50-day moving average as a key criterion [3][4] - Key indicators for the strategy include strong earnings growth rates, impressive earnings projections, and a history of beating estimates [5][8] Stock Screening Methodology - Stocks are screened based on specific criteria, including a Zacks Rank of 1 or 2, a Momentum Score of A or B, and strong EPS growth metrics [6][8] - The screening process narrows down over 7,743 stocks to a select few, with only 37 stocks meeting the criteria [10] Company Profiles - **Meta Platforms**: Develops products for global connectivity through mobile devices and computers. It has a trailing four-quarter earnings surprise of 20.5% on average [10] - **Vertiv**: Designs and produces digital infrastructure technologies for data centers and communication networks, with a trailing four-quarter earnings surprise of 10.7% on average [11]

Core Insights - Reddit Inc (NYSE:RDDT) triggered a significant Power Inflow alert, indicating bullish interest from both institutional and retail traders [3][4] - The alert was issued at a price of $197.63, following a steep price decrease, and led to a rise in stock price to a post-alert high of $203.13 by 2:30 PM EST [4][7] Power Inflow Signal - The Power Inflow alert is a proprietary signal from TradePulse, highlighting significant shifts in order flow towards buying activity, suggesting a high probability of bullish price movement for the day [5][6] - This alert is particularly valuable for active traders as it serves as a strategic entry point [5] Order Flow Analytics - Order flow analytics provide insights into real-time buying and selling trends by examining volume, timing, and order size, enhancing understanding of price behavior and market sentiment [6] - The effectiveness of order flow analytics is demonstrated by the intraday performance of RDDT, where traders could capitalize on short-term gains following the Power Inflow alert [7]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Snap Inc. securities between April 29, 2025, and August 5, 2025, about the October 20, 2025, deadline to become a lead plaintiff in a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Snap securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by October 20, 2025 [2]. - The lawsuit alleges that Snap's management misrepresented the company's advertising revenue and growth potential, leading to investor losses when the true situation was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [3].

FIRST ON FOX — At least a dozen Republican state attorneys general from across the United States signed a letter to Meta Platforms Chief Legal Officer Jennifer Newstead demanding answers on the company's actions following the Oct. 7, 2023, terror attacks in Israel. "We, the 12 undersigned Attorneys General, write to express our serious concerns over recent allegations regarding Meta’s actions following the October 7, 2023, massacre and terrorist attack in Israel," the letter, sent to Meta a day after the tw ...

Meanwhile, Hollywood Studios aren't the only content creators threatened by Sora and AI generated videos. Mr. . Beast, who runs the most subscribed channel on YouTube, as you know, wrote in an expost this week, "When AI videos are just as good as normal videos, I wonder what that will do to YouTube and how it'll impact the millions of creators currently making content for a living. Scary times." Joining us to break down the implications for social media platforms is Roth Capital Partners, senior research an ...

Core Insights - Reddit (NYSE: RDDT) is experiencing significant volatility, particularly influenced by breaking news events [1] Company Overview - Reddit serves as a social media platform that primarily supports retail investors and meme stocks [1] - The platform's stock has recently seen a sharp pullback, indicating sensitivity to market news [1] Analyst Background - Gary Alexander, with extensive experience in technology sectors on Wall Street and Silicon Valley, contributes insights into industry trends [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications [1]

Core Thesis - Snap Inc. is viewed as an underappreciated social media platform with significant growth potential, particularly in augmented reality (AR) and monetization strategies [2][3][6] User Engagement - As of Q2 2025, Snap has 932 million monthly active users (MAUs) and over 350 million daily augmented reality (AR) users, indicating strong user engagement [2] - Snapchat+ subscribers increased from 15 million to 16 million quarter-over-quarter, while games engagement rose 40% year-over-year to 175 million MAUs [2] - Spotlight usage surged 23% year-over-year, accounting for nearly half of all time spent on the platform, and video chat time increased by 30% year-over-year [2] Financial Performance - Free cash flow per share has risen sharply, with an annual revenue run-rate from Snapchat+ reaching $700 million [3] - Snap is trading at just over 2 times sales, suggesting that the market has undervalued the company, creating an asymmetric investment opportunity [3] Augmented Reality Strategy - Snap's long-term strategy is centered around its AR-first philosophy, with over $3 billion invested in building a vertically integrated AR platform [4] - The company offers unique developer tools such as Easy Lens, real-time transcription APIs, and 3D object generation to enhance its AR capabilities [4] Advertising and Monetization - Early monetization improvements are evident with Sponsored Snaps, which have shown stronger engagement and conversion rates compared to traditional ad formats [5] - A Q2 2025 ad platform error caused a temporary 25% stock drop, but the issue has been resolved, and fundamentals are strengthening [6] Market Sentiment - Despite mixed perceptions of leadership, Snap's fundamentals are improving, with resilient engagement and rising monetization [6] - The stock price has appreciated approximately 8.9% since previous bullish coverage, reinforcing the positive outlook on Snap's fundamentals [7]

Core Insights - Myseum, Inc. is set to launch a new social sharing platform called "Picture Party by Myseum" this fall, focusing on privacy and security in the age of generative AI [1][2][3] Company Progress - The past year has been dedicated to building a strong foundation, emphasizing the importance of privacy in the face of evolving AI technologies [3] - Myseum has made significant advancements in technology to ensure that user-generated content remains protected from AI data collection [5] New Platform Features - "Picture Party by Myseum" will offer a dynamic way for users to share photos and videos securely, enhancing user experience while prioritizing privacy [6] - The platform will be supported by a dedicated website, pictureparty.com, which will play a crucial role in marketing and promotional efforts [6] Additional Offerings - A new service called "Pop-Up Gala by Myseum" will cater to formal events, utilizing the same technology as the Picture Party platform and will operate on a subscription model [7] Marketing and Partnerships - Myseum has partnered with Spitball, a creative agency, to lead branding and digital marketing efforts for the new platform [8] - Otter PR has been engaged as the public relations agency to enhance Myseum's brand visibility and outreach [10] Intellectual Property - Myseum's intellectual property portfolio now includes 17 issued patents and several pending applications, reinforcing its commitment to innovation [11] Future Outlook - The company believes that the new platform addresses significant issues in the current social media landscape, providing a fun and functional way to share media while ensuring privacy [12]