10/08/2025As AI continues to fuel demand for names like Nvidia and Palantir, AI infrastructure firm Quanta Services tests a breakout. 10/08/2025As AI continues to fuel demand for names like Nvidia... Related news Breakout Watch: Top Funds Fire Up This AI Infrastructure Stock Major stock market indexes and many AI stocks suffered big bruises on Friday following President Donald Trump's threat to hike tariffs on Chinese imports. Yet, artificial intelligence will likely remain an important theme for growth inv ...

Shalett’s comments centered on several recent multibillion-dollar deals to scale up data-center infrastructure. As notable substacker and former Atlantic writer Derek Thompson recently noted in a post titled “ This is how the AI bubble will pop ,” so much money is being spent to support AI’s energy-consumption needs that it’s the equivalent of a new Apollo space mission every 10 months. (Tech companies are spending roughly $400 billion this year alone on data-center infrastructure, while the Apollo program ...

US stock futures rose on Monday morning as the federal government shutdown entered another week, with equities poised to build on a strong run that has pushed major indexes to fresh record highs. Dow Jones Industrial Average futures (YM=F) edged up roughly, 0.2%, while those on the S&P 500 (ES=F) gained 0.3%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) led the way higher, up 0.4%. The modest moves follow an upbeat week for the market. The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) each logged their ...

NEW YORK (AP) — U.S. stocks edged up to more records on Thursday as technology stocks kept rising and as Wall Street kept ignoring the shutdown of the U.S. government. The S&P 500 added 0.1% to its all-time high set the day before. The Dow Jones Industrial Average rose 79 points, or 0.2%, and the Nasdaq composite climbed 0.4%. Both also hit records. Thursdays on Wall Street typically have investors reacting to the latest weekly tally of U.S. workers applying for unemployment benefits. But D.C.’s shutdown ...

BRODY FORD IS WITH US. COREWEAVE HAS TRIPLED SINCE THE IPO AND WE ARE UP ANOTHER 15%. WHAT IS IT MEAN TO BE ADDING META TO THE FOLD AND OPENAI AND MICROSOFT.BRODIE: THAT COREWEAVE IS NOT JUST A COLONIAL STATE OF MICROSOFT. THAT WAS A CONCERN FOR SO LONG WITH THESE -- THAT IF THEIR CUSTOMERS EFFECTIVELY COMPETE WITH THEM, THAT SEEMS LIKE A PRETTY INDEFENSIBLE BUSINESS. YOU GET COMPANIES LIKE META AND OPENAI THEIR LONGER-TERM BUYERS OF THE TECHNOLOGY I THINK FOLKS GIVE OUR COMFORT THAT COREWEAVE CAN COMPANIES ...

9/24/2025Nvidia stock tests a key level in a flat base... INVESTING RESOURCES Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos BREAKING: Futures Fall As Many Hot Stocks Continue Slide Futures for the Dow Jones Industrial Average and the other major stock indexes traded lower Thursday ahead of GDP data and weekly unemployment claims. Meanwhile, Nvidia (NVDA) was a loser on the stock market today, as ...

Market Overview - U.S. stock futures are showing modest gains as investors react to mixed corporate earnings and economic signals, with a focus on Federal Reserve commentary [1] - S&P 500 futures are up approximately 0.1% to 0.3%, while Nasdaq 100 futures have climbed between 0.2% and 0.4%, indicating a potential recovery after a previous session's profit-taking [2] Federal Reserve Commentary - Fed Chair Jerome Powell's remarks about stock prices being "fairly highly valued" contributed to a cautious market sentiment, leading to a dip in major indexes [3] Upcoming Economic Data - Key economic data releases include the final reading on second-quarter GDP growth and the Personal Consumption Expenditures (PCE) price index, which are critical for future interest rate policy [4] Earnings Reports - Companies reporting earnings include Cintas Corporation, Thor Industries Inc., and KB Home, with Baker Hughes scheduled to release third-quarter results on October 23 [5] Corporate Developments - Micron Technology's shares rose after better-than-expected fourth-quarter results and a strong revenue forecast, driven by demand from AI developers [6] - Alibaba's U.S.-listed shares surged nearly 10% following plans to increase investment in AI infrastructure and a partnership with Nvidia [7] - Lithium Americas shares skyrocketed 60% due to news of potential investment from the Trump administration, with General Motors shares also advancing approximately 3% [8] Notable Movers - SHF Holdings shares increased by 150% after securing a stock purchase deal, while Cyclerion Therapeutics rose 39% following a licensing agreement with MIT [9] - Aytu BioPharma fell 14% postmarket after reporting disappointing revenue and losses, while Cohu declined 10% after-hours due to plans to offer convertible senior notes [9] Commodities Market - Gold prices are near recent record highs, while oil prices have edged higher due to falling U.S. crude inventories and geopolitical concerns [10]

Key TakeawaysUS retail sales demonstrated unexpected strength in July, rising by 0.5%, with August projected to increase by 0.2%, defying a softening labor market and signaling continued consumer resilience despite economic headwinds.Major technology companies, including Microsoft (MSFT), OpenAI (OPENAI), and Oracle (ORCL), are committing hundreds of billions of dollars to expand AI infrastructure globally, with OpenAI alone signing a staggering $300 billion data center pact with Oracle.The labor market sho ...

Group 1 - Chinese stocks experienced a rally, with significant gains in companies benefiting from the push for homegrown technology [1][2] - The CSI 300 Index rose by 2.3%, marking its largest increase since mid-March, with Hygon Information Technology Co. shares surging by 20% [2][3] - Retail investor sentiment is strong, indicated by new account openings and increased margin trading, contributing to the market's upward momentum [4] Group 2 - Alibaba Group is seeking to raise $3.17 billion through zero-coupon convertible notes, which would be the largest offering of the year, as part of its $53 billion investment in AI infrastructure [5] - The rally is primarily driven by AI-related sectors, particularly in computing infrastructure, reflecting robust market sentiment in this theme [6] - The Star50 index, focused on smaller chip companies, increased by 5.3%, while the tech-heavy ChiNext also saw gains of over 5% [4]

Summary of Key Points from the Conference Call Industry Overview - The focus is on the AI sector and its impact on US equities, particularly within the Technology, Media, and Telecommunications (TMT) industries [2][5][8]. Core Insights and Arguments - **Market Performance**: AI-exposed equities have seen a 32% rally in 2024, followed by an additional 17% year-to-date (YTD) increase. However, there are concerns that current US equity prices may reflect overly optimistic investor expectations [2][6]. - **Valuation Metrics**: The S&P 500's price-to-earnings (P/E) ratio stands at 22x, ranking in the 96th percentile historically, but still below the peaks of the Tech Bubble and 2021 [8][13]. - **Earnings Growth Expectations**: Market-implied long-term earnings growth expectations are currently at 10%, slightly above the long-term average of 9%, but significantly lower than the 16% during the Tech Bubble [9][12]. - **Capex Trends**: Hyperscaler capital expenditures (capex) have increased significantly, with estimates for 2025 capex rising by $100 billion YTD to $368 billion. However, a deceleration in capex growth poses risks to stock valuations [2][23][31]. - **AI Adoption**: Companies are in the early stages of AI adoption, with 58% of S&P 500 firms mentioning AI in their earnings calls. The most common use cases include customer support (24%), coding and engineering (24%), and marketing (23%) [51][54]. Potential Risks and Opportunities - **Phase 2 vs. Phase 3 Stocks**: There is limited investor appetite for Phase 3 companies with AI-enabled revenues, as many investors are uncertain whether AI represents a threat or an opportunity. Evidence of tangible impacts on near-term earnings will be crucial for investor acceptance [2][43][45]. - **Valuation Disparities**: The performance of AI infrastructure stocks (Phase 2) has outpaced that of AI-enabled revenues (Phase 3) and productivity stocks (Phase 4), indicating a concentration of returns among firms with immediate earnings benefits [20][24]. - **Capex Growth Risks**: The eventual slowdown in hyperscaler capex growth could negatively impact valuations, particularly for stocks in the AI infrastructure space, which have seen prices exceed near-term earnings trajectories [24][32]. Additional Important Insights - **Investor Sentiment**: There is a growing concern among investors about the sustainability of current equity prices, drawing parallels to past market bubbles [8][9]. - **Sector-Specific Dynamics**: The Software industry faces unique challenges, with concerns that AI could disrupt pricing models and lower barriers to entry for new competitors, leading to potential price declines for some firms [44][47]. - **Labor Market Impact**: While aggregate labor market impacts from generative AI remain limited, there are signs of reduced headcount in AI-exposed industries, with some companies explicitly linking AI use to operational efficiencies and cost savings [58][60]. Conclusion - The AI sector is poised for significant growth, but investors must navigate potential risks associated with valuation, capex growth, and the varying impacts of AI across different industries. Evidence of tangible earnings impacts will be critical for broader acceptance of AI-related investments.