This is the tale of one of the most consequential proposed U.S.-international deals in recent history. Although both Presidential candidates were opposed to it on the campaign trail, its supporters hope that the rhetoric will cool now that the election is over, and the deal will receive final U.S. regulatory approval by year-end.
Recently featured on CNBC TV, Paul Meeks shares his optimistic outlook on technology giants like Nvidia and Micron. Despite recent market turbulence, Meeks believes Nvidia's growth prospects remain strong, identifying current conditions as a potential buying opportunity. He explains that although fears have gripped the semiconductor sector, Nvidia’s future looks incredibly promising, supported by robust earnings projections. Watch the video for full details.
Welcome back to "Tech Tune Up with Paul Meeks"! In this episode, recorded on September 4, 2024, Paul dives into the latest tech news with a focus on Nvidia. He'll also discuss AMD's recent $5 billion acquisition of ZT Systems, a server vendor, highlighting the industry's race to catch up with Nvidia in the AI accelerator chip market. Don't miss Paul's insights and answers to viewer questions throughout the show!
The Federal Reserve is preparing for its first interest rate cut, which could impact the tech sector. On one hand, lower rates can lead to higher valuations for tech stocks. On the other, the rate cut signals concerns about a potential recession.
Paul Meeks is on CNBC’s Squawk Box to discuss Nvidia’s growth and the post -report. Watch here for the full interview.
In case you have been living under a rock, “AI” is artificial intelligence. The bulls think it will lead to the next industrial revolution and that it may even be bigger than the Internet. The bears say, “where’s the beef?” and doubt whether the billions now being spent on AI infrastructure will ever really generate an adequate ROI (return on investment).
So what I'm worried about is, at least not yet, have I seen enough real, what I call needle moving use cases for AI, because what I'm a little bit worried about, not for all companies, some companies, obviously will be huge beneficiaries, but for many companies, I believe AI will be a feature, not a product, not a product platform.
Here's a company, as you've heard me say before, hasn't grown for about a year and a half. And right now the stock is trading at 228, an all time high, egregiously expensive, priced well over the highest price targets by Wall street analysts. And it's a bet the ranch scenario on when they put AI on board on their iPhone, you will immediately upgrade your phone and we will know, because this is the ultimate test, not just for Apple, but for AI features. We will know at Christmas because they will announce the iPhone 16 with a lot of fanfare, and then they will actually do that in the fall, and then they'll ship at Christmas.
The jury is in for the first half of 2024 and the market did just fine, actually better than fine given the nastiness here and abroad. The S&P 500 was +14.5 percent through June and the tech-laden NASDAQ Composite was +18.1 percent. It continues to be a tech world and we’re just living in it; and AI (artificial intelligence) is still driving the sector.
Paul Meeks, CFA, CAIA and the roundtable Berna Barshay, Jeff Macke, Benjamin Brey, CFA, and Russell Young debate Ben's analysis on the employment data and Jeff noting mixed signals from retailers like Five Below $FIVE and Walmart $WMT.
