Companies are spending hundreds of billions of dollars a year on AI chips, data centers and the power to run them. Our analyses follow the money: who is spending, who is earning from it, and how much of the payoff today's stock prices already assume.
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DELLThe laptop on your desk at work may be a Dell, but the money is now in the data center. On Monday, Nov 9, Nvidia fell 4.3% and Dell rose 5.4%. On Wednesday, after CoreWeave beat, Dell jumped 11.8% while…
NVDABefore the weekend, open your brokerage app and tap the S&P 500 fund, the one that feels like the safe default. The holdings list runs to 504 stocks. The second line is Nvidia, at about 6.1% of the fund at…
SNDKIf you bought a phone or laptop this fall and paid extra to step up from 256GB to 1TB, you’ve met SanDisk’s business. The flash chips that hold your photos are the same kind AI data centers now buy by…
NVDAIf you have a 401(k), you probably did not buy Nvidia this week. You likely own it anyway: it is one of the largest weights in every broad US index fund. On Nov 8 Nvidia’s board opened an investigation into…
NVDAIf you looked at your retirement account before Thursday’s opening bell, one name did most of the damage. Nvidia, about 6 cents of every dollar in an S&P 500 fund, was down 10.3% premarket Thursday (8:52 am ET) at $155.90.
NVDAIf you asked ChatGPT a question this week, the answer was worked out on an AI chip, and for most of the boom that chip came from Nvidia. Now Nvidia has a new boss. On Nov 8 its board opened…
NVDAThe stock alert on your phone this morning probably named one company.
NVDAOpen your 401(k) app this morning and the index fund line probably looks calm. The Nvidia line doesn’t.
NOWYour laptop won’t connect to the VPN. You open the company help portal, type “VPN broken” and file a ticket. At many large companies, that portal runs on ServiceNow. This year, more of those tickets can be answered by an…
AMDMonday afternoon, your phone buzzes: “AMD +13%.” Last Thursday the same app showed it down 17% in a day, touching $402.
CSCOIs networking the AI trade nobody sold? Not quite: it was sold less. In the month to Wednesday, Cisco fell 15% and Arista 9%, against 24% for Nvidia and about 21% for Micron. On Wednesday, as CoreWeave’s report lifted the…
AMATPart 4 of our Applied Materials series. Start with part 1: Applied Materials Stock At $371: Why Is It Half Price? One company makes the machines inside the factories that make the chips in your phone. The other launches rockets and beams internet to your phone from space.
AMATEvery photo your phone backs up and every answer an AI chatbot types lands on a memory chip in a data center.
NVDAIt’s the morning after Veterans Day. Coffee in hand, you open your 401(k) app out of habit. The total is lower than last week, and the reason sits near the top of your index fund’s holdings: Nvidia closed Tuesday at…
NBISWhen you ask a chatbot to draft an email or summarize a meeting, the answer is computed on Nvidia chips in a data center. More and more of those chips are rented out by two young companies: CoreWeave and Nebius.
AMATEvery AI chip starts in a machine. Applied Materials, Lam Research and KLA build the tools that deposit, etch and inspect the layers on a silicon wafer, so when Big Tech spends on AI, a slice of that money ends…
AMATThink of a rental building whose rents are about to rise by a third or more, selling for a quarter to a half less than it fetched in June. You’d want to know what the sellers know. That’s what happened…
AMATEvery new AI chip needs a factory, and every factory needs hundreds of costly machines. Applied Materials sells many of them. When TSMC, Samsung or Micron decide to build, Applied’s sales follow.
AMATHere’s how we measured risk and reward. For each stock, we found the past days since 2003 (one per week) when it sat about as far below its 1-year high as it does today. Then we looked 35 trading days…
MSFTPart 2 of 3 on Microsoft and AI. Start with part 1: How Microsoft Missed $2 Trillion In AI. Open Outlook in the morning. The AI that summarizes your inbox might be OpenAI’s, or Anthropic’s, or Microsoft’s own.
AVGOPick up your phone and ask Google something. Broadcom chips sit all along the way: in phones’ radio parts, in the broadband gear that carries the signal and in the data centers that answer. The AI answer at the top…
NVDAOpen your 401(k) statement and find the line that feels safest: the S&P 500 index fund. Five hundred companies, low fees, no stock picking. Now look at this week’s headlines.
MSFTPicture a Tuesday morning. A finance manager opens Excel to rebuild the weekly sales sheet, the same one she has rebuilt every Tuesday for six years.
CRWVCoreWeave posted its quarter just after Tuesday’s close. The stock had lost 41% in a month and closed Tuesday at $48.73. Revenue was $3.66 billion, up 168%.
NFLXFollow the whole story: every piece in this series is on our AI storyline page. A year ago, a share of Disney and a share of Netflix cost about the same, roughly $112 each after Netflix’s 10-for-1 split. On Monday Disney closed at $119.12 and Netflix at $63.95. So if a correction in tech turns…
ORCLFollow the whole story: every piece in this series is on our AI storyline page. The AI selloff has left a lot of investors with red numbers next to names they still believe in. We’ve been following what’s happening with AI stocks since the chip makers started falling in October.
CRWVFollow the whole story: every piece in this series is on our AI storyline page. CoreWeave is the purest public bet on the AI build-out: it owns warehouses full of Nvidia chips and rents them out by the hour. A year and a half after its IPO, the stock is not far above where it…
MUFollow the whole story: every piece in this series is on our AI storyline page. If you’ve priced a new laptop or phone lately, you’ve seen it: memory got expensive. AI data centers buy so much of it that contract prices for the memory chips called DRAM are still expected to rise 10% to 15%…
AMATFollow the whole story: every piece in this series is on our AI storyline page. Every chip in your phone, your laptop and the data centers behind ChatGPT and Claude was made on machines like Applied Materials’. When chipmakers build, Applied sells.
AMATFollow the whole story: every piece in this series is on our AI storyline page. There are 36 trading days between now and New Year’s Eve. Our test: for every trading day since 2003, find the stocks sitting as far below their 1-year high as they are today, and count how often they gained 15%…
MSFTPart 1 of 3 on Microsoft and AI. Follow the whole story: every piece in this series is on our AI storyline page. Think about your last big meeting. Someone opened PowerPoint. Executives spend close to 23 hours a week in meetings, a Harvard Business Review study found.
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Happened? On Sunday, Nvidia’s board said a committee of independent directors, with outside counsel, would investigate reporting that Huang had been the target of a foreign intelligence effort.
VRTFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Happened On Monday? The whole market rallied: the S&P 500 rose about 2.3% and the Nasdaq about 2.7%. The power names did far better.
AMDFollow the whole story: every piece in this series is on our AI storyline page. Where did it go? Into stocks, with an unusually big share heading for semiconductors. We’ll walk through the flows, then open up the chip funds and look at the five companies doing most of the work inside them, the way…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. The question worth a quiet weekend isn’t what Monday does. It’s where your money needs to be in 2031, and whether Thursday changes that. We’ll get there with data: what the market did five years after its worst days, and…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Who should you call when the market drops 5%? It’s a fair question, and a good instinct: talking it through beats acting alone at 3:55 pm. We’ll answer it plainly, with the numbers worth having in front of you. But…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. How much Nvidia do you really own? For most people the honest answer is “I’m not sure,” and that’s fine, because it takes about ten minutes to find out. We’ll walk through the arithmetic, fund by fund, with a worked…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Should you invest more right now, while stocks are down? It’s a fair question, and the data gives a clearer answer than you might expect, so we’ll lay it out. Here’s the part worth staying for, though: the investors who…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Could Nvidia jump 20% in the next 30 days? Yes, it could, and it has done it many times before. We’ll give you the real odds, the numbers behind the business, the dated catalyst and how far it has fallen…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. The past can’t tell you what Friday does. It can tell you something more useful: whether a plan that holds through days like this has paid off before. We’ll come back to that at the end. Image from Pixabay What…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Short answer: a day like Thursday isn’t trouble. Trouble has a definition, and it’s simple: the four big buyers of AI chips cutting what they plan to spend in 2027. Until that happens, a 9% day is a price story,…
SPYFollow the whole story: every piece in this series is on our AI storyline page. Short answer: 60/40 isn’t dead. It has one blind spot, and you can see it in a single year. Here’s the part worth staying for: a mix that adds dividend stocks, a little gold and a little cash lost less…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Will stocks rebound today? It’s the question in every inbox this morning, and it deserves a straight answer, so we’ll give you one, with data. But here’s what the pros are really working on after a day like this: not…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? Democrats won both chambers on Tuesday, and Texas elected a governor who has called for a pause on new data centers.
AMZNPart of our midterms guide. Start here: what the vote really changes for your money. Image from Pixabay What Does Everyone Already Know? Democrats won both chambers on Tuesday, and Democrat Gina Hinojosa won the Texas governor’s race after promising a moratorium on new data-center approvals.
MUPart of our midterms guide. Start here: what the vote really changes for your money. Image from Pixabay What Does Everyone Already Know? AI data-center stocks fell on the result.
AMDPart of our AI selloff guide. Start here: what the Nasdaq correction means for your money. Follow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? AMD walked into its report as one of the hardest-hit AI chip stocks.
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? The Nasdaq 100 closed Monday more than 10% below its Oct 6 record, and was still about 9% below it at Wednesday’s close.
GOOGFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? Alphabet’s third quarter was big: revenue of $127.6 billion, up 25%, with Google Cloud more than doubling to $30.7 billion.
DELLPart of our AI selloff guide. Start here: what the Nasdaq correction means for your money. Follow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? Dell has become the AI server stock.
MSFTFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? The Nasdaq 100 closed Monday more than 10% below its Oct 6 record, and was still about 9% below it at Wednesday’s close.
NVDAFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? The Nasdaq 100 closed Monday more than 10% below its Oct 6 record.
GOOGFollow the whole story: every piece in this series is on our AI storyline page. Image from Pixabay What Does Everyone Already Know? The Nasdaq 100 closed Monday more than 10% below its Oct 6 peak, on fears that AI spending has run ahead of AI profits. It was still about 9% below that peak…
PLTRPart of our AI selloff guide. Start here: what the Nasdaq correction means for your money. Follow the whole story: every piece in this series is on our AI storyline page. On Monday, Palantir reported third-quarter revenue of $2.31 billion, up 96% from a year ago.
NVDAPart of our AI selloff guide. Start here: what the Nasdaq correction means for your money. Follow the whole story: every piece in this series is on our AI storyline page. The Nasdaq 100 closed Monday more than 10% below its Oct 6 peak, which is the textbook definition of a correction. The worst day…
NVDAPart of our AI selloff guide. Start here: what the Nasdaq correction means for your money. Follow the whole story: every piece in this series is on our AI storyline page. The Nasdaq 100 closed Monday more than 10% below its Oct 6 peak, its third correction of 2026, before bouncing to about 9% below…
NVDAFollow the whole story: every piece in this series is on our AI storyline page. The Nasdaq 100 fell about 1.4% on Monday and closed more than 10% below its Oct 6 peak, the line that marks a correction. It’s the index’s third correction this year, after March and July. By Wednesday’s close it had…
VRTPart of our midterms guide. Start here: what the vote really changes for your money. Image from Pixabay What Does Everyone Already Know? Democrats won the House and the Senate, and the Dow jumped about 3% on Wednesday, its best day since April 2025.
GOOGIn 2004, there were several search engines. Within a few years, there was one. Google still handles about 9 of every 10 searches. That’s why it’s worth $3.4 trillion. Image from Pixabay The AI Scoreboard Will AI work the same way? Here’s the scoreboard today.
GOOGAlphabet closed at $279.84 on October 30. The day before, it fell nearly 13%, its worst day ever. So let’s ask the bold question. Can it get to $1,000? Start with what $1,000 means. Alphabet has about 12.3 billion shares. At $1,000, it’s worth about…
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