This trillion-dollar AI stock has seen a steeper rise in its market cap than Nvidia this year. Is it a purchase?

This trillion-dollar AI stock has seen a steeper rise in its market cap than Nvidia this year. Is it a purchase?

NVIDIA reached a major milestone last year. The leader in artificial intelligence (AI) chips became the world’s largest company when it reached $4 trillion in market value. But the company did not stop there. Nvidia has continued to advance and today remains the largest company, but now worth more than $5 trillion. In recent years,…

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Tim Cook is out. Will the CEO change make or break Apple’s .5 trillion empire?

Tim Cook is out. Will the CEO change make or break Apple’s $4.5 trillion empire?

Quick reading Apple (AAPL) reported Q2 revenue of $111.184 billion with 16.6% year-over-year growth across all geographic segments, 8 consecutive earnings per share and Services hitting a record $30.976 billion, although the stock is trading at a P/E of 37 with only an analyst consensus target of $315 offering minimal upside. Tim Cook’s departure eliminates…

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Apple just gave investors a 0 billion reason to rethink the AI ​​spending race

Apple just gave investors a $100 billion reason to rethink the AI ​​spending race

Technological giant Apple (NASDAQ:AAPL) announced stellar fiscal second-quarter results last week. But there is one element of the report, beyond the headlines about strong iPhone sales and solid guidance, that deserves a closer look. Last week, along with its fiscal second-quarter results, the iPhone maker said its board authorized an additional $100 billion in stock…

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