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Remitly Global Inc. (RELY): One of the Elite Stock Picks of Jeff Bezos

We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Remitly Global, Inc. (NASDAQ:RELY) ranks 7th on this list. Jeff Bezos’s relationship with Remitly Global, Inc. (NASDAQ:RELY) began during the digital remittance platform’s formative startup phase over a decade ago. In 2012, Bezos’s personal investment arm, Bezos Expeditions, stepped in as a […]

Insider Monkey
Rivian Automotive (RIVN): One of the Best Jeff Bezos Stocks to Buy

We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Rivian Automotive, Inc. (NASDAQ:RIVN) ranks 5th on this list. Rivian Automotive, Inc. (NASDAQ:RIVN) has a dual-layered financial partnership with Jeff Bezos, as the former is the central hardware element of Amazon’s corporate climate initiative. In February 2019, Bezos personally directed Amazon to […]

Insider Monkey
Airbnb, Inc. (ABNB): One of the Top Stocks in the Jeff Bezos Portfolio

We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Airbnb, Inc. (NASDAQ:ABNB) ranks 2nd on this list. In the summer of 2011, Bezos Expeditions participated heavily in the transformative $112 million Series B funding round for Airbnb, Inc. (NASDAQ:ABNB), which valued the nascent home-sharing platform at just over $1 billion. Led […]

Insider Monkey
Apple Inc. (AAPL): One of the Promising Stocks to Buy According to AI

We just covered the 10 Best Stocks to Buy Right Now According to AI and Apple Inc. (NASDAQ:AAPL) ranks 6th on this list. Apple Inc. (NASDAQ:AAPL) is a premier consumer technology company celebrated for its premium hardware, seamlessly integrated operating systems, and rapidly expanding services ecosystem. The company’s financial core revolves around the iconic iPhone, […]

Insider Monkey
Microsoft Corporation (MSFT): One of the Elite Stocks to Buy According to AI

We just covered the 10 Best Stocks to Buy Right Now According to AI and Microsoft Corporation (NASDAQ:MSFT) ranks 7th on this list. Microsoft Corporation (NASDAQ:MSFT) is a global technology powerhouse that dominates the enterprise software, cloud computing, and personal computing landscapes. The company’s growth engine is anchored by its Intelligent Cloud segment, featuring Azure, […]

Insider Monkey
Taiwan Semiconductor Manufacturing (TSM): One of the Best Stocks According to AI

We just covered the 10 Best Stocks to Buy Right Now According to AI and Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) ranks 1st on this list. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest dedicated pure-play semiconductor foundry, serving as the essential manufacturing backbone for the global technology industry. Operating an advanced manufacturing […]

Insider Monkey
This Smart‑Money Legend Won Big on Intel. The Rest of His Portfolio Might Be Even More Revealing

The meteoric rise in Intel (NASDAQ:INTC) stock has arguably been the biggest story of the past year. Now up 486% in a year, questions linger as to whether the heated semi name is worth pursuing, especially as its market cap starts swelling. Another doubling would send Intel right above that $1 trillion mark. Given the ... This Smart‑Money Legend Won Big on Intel. The Rest of His Portfolio Might Be Even More Revealing

24/7 Wall St.
3 Cash-Burning Stocks That Concern Us

Rapid spending isn’t always a sign of progress. Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable.

StockStory
Ford surges on energy business while US car buying remains slow

Ford's (F) plans for a new energy storage business have sent the automaker's stock soaring. RBC Capital Markets lead equity analyst Tom Narayan reacts to what this may mean for the auto company while US car buying remains stilted since the pandemic.

Yahoo Finance Video
The AI Restraint Comes to Uber From an Unexpected Direction

AI is being pushed across many parts of corporate America and beyond, perhaps more aggressively in some places than others. Indeed, there’s a lot of hype building in the AI trade as investors await more signs of a monetization boom of sorts after a historic year for CapEx spend. While time will tell if all ... The AI Restraint Comes to Uber From an Unexpected Direction

24/7 Wall St.
Intel, AMD, Qualcomm shares slide as Nvidia crashes the PC chip market

Shares of Intel Corp (NASDAQ:INTC, XETRA:INL), Advanced Micro Devices Inc (NASDAQ:AMD, XETRA:AMD) and Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) fell sharply on Monday after Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) unveiled a new personal computer chip at the Computex trade show in Taipei, marking a...

Proactive
Exclusive-EU cloud rules to curb Big Tech's access to strategic tenders, draft document shows

BRUSSELS/AMSTERDAM, June 1 (Reuters) - The European Union plans to propose strict criteria for cloud computing services in highly critical state tenders that could exclude Amazon, Microsoft and Google from such ‌projects, according to documents seen by Reuters. The proposal is part of the European Commission's Cloud and AI Development ‌Act, which EU tech chief Henna Virkkunen will unveil on Wednesday as part of a package aimed at reducing the bloc's dependence on U.

Reuters
The real winners of Nvidia's new AI superchip

Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Julie Hyman on Market Catalysts to discuss Nvidia's (NVDA) new superchip, its role in the AI race, and who will use the chip.

Yahoo Finance Video