The Daily Editor

The money you’re putting aside for retirement isn’t coming out of thin air. Rather, you’re no doubt working hard to save that money, perhaps by limiting your spending or hustling to fund your IRA or 401(k).Since building retirement savings takes effort, you may be inclined to take a cautious approach to investing. After all, you don’t want to work hard to find the money for your IRA or 401(k),

 » Read more about: The Risky Retirement Investing Move No One Talks About  »

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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) shares are up by about 5% midday Wednesday, trading near $206 after the chip leader unveiled a $500 million strategic supply agreement with Corning (NYSE:GLW) focused on optical connectivity for AI data centers. Corning stock is the bigger winner, jumping 14% to $185.

 » Read more about: NVIDIA Climbs 5% on $500M Corning Deal: Optical Connectivity Becomes the New AI Bottleneck  »

Evolving from its roots in industrial and electronics equipment, Nokia (NOK +3.81%) has long been a cornerstone of global connectivity. Once a dominant force in mobile handsets that defined an era of brick phones, the company has quietly reinvented itself as a leader in network infrastructure.Amid the explosive growth of artificial intelligence (AI), Nokia has forged a partnership with Nvidia (NVDA +1.73%) that could propel the company far beyond its legacy telecom roots.

 » Read more about: Prediction: This Nvidia-Backed Artificial Intelligence (AI) Company Might Be the Next Meme Stock. Here’s Why It’s Actually a Buy at $13 Per Share.  »

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On a recent NerdWallet Smart Money Podcast segment, the host worked through a scenario any retirement-minded homeowner has considered. Take a $1,000 mortgage payment. Throw it at principal and you save interest. Invest that same thousand in the S&P 500 instead. And, depending on which average return you plug in,

 » Read more about: Why Paying Off Your Mortgage Could Cost You More Than Investing  »

Bullish, the institutional-grade digital asset exchange backed by Peter Thiel, is set to acquire Equiniti, a global transfer agent and official record-keeper for nearly 3,000 publicly traded companies, in a deal valued at $4.2 billion, according to a Tuesday statement.
The transaction comprises $1.85 billion in debt and about $2.35 billion in Bullish equity,

 » Read more about: Peter Thiel-backed Bullish inks $4.2 billion deal to buy transfer agent Equiniti  »

Nvidia (NVDA +1.73%) is the center of gravity for the artificial intelligence revolution. The stock has added 15% year to date, outpacing the 8% return in the S&P 500 (^GSPC +0.84%), and Wall Street analysts still think it’s undervalued. The median target price of $267.50 per share implies 24% upside from the current share price of $213.Nvidia shareholders recently got some good news from Wall Street.

 » Read more about: Nvidia Stock Investors Just Got Great News From Wall Street Experts (Hint: It Could Be a $20 Trillion Company)  »

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Galloway’s Defense of Apple’s Cash Choice
On the latest Prof G Markets, Scott Galloway defended Apple (NASDAQ: AAPL | AAPL Price Prediction) for authorizing a fresh $100 billion share repurchase while peers spend record sums on AI infrastructure. He framed Apple as the owner of “custody of the billion most important consumers in the world and wealthiest” and predicted the company would “play Anthropic off against OpenAI and extract an enormous royalty statement” rather than fight an “out-of-control AI CapEx war.”
Co-host Ed Elson pushed back,

 » Read more about: Apple’s $100 Billion Bet: Could Buying Back Stock Beat Building AI Data Centers  »

The AI semiconductor trade has a passport, and lately it has been stamped more often in Seoul than in San Jose. On a recent Reuters Morning Bid podcast segment titled Chip stock boom, the host pushed back on the assumption that the chip rally is a Wall Street phenomenon, pointing to Korea’s market surge as evidence of something bigger.

 » Read more about: This Asian Stock Market Is up 75% This Year: ‘The Chip Boom Isn’t a Wall Street Story’  »

The S&P 500 (^GSPC) punched to a fresh record Wednesday, with the broader market index now perched above 7,300. With a 7.6% YTD gain in the S&P 500 (^GSPC), bulls are back in control, citing a roughly 15% rally off the March low as AI earnings, easing Iran tensions, and softer crude combine to push higher.

 » Read more about: S&P 500 Gains Unleashed on Chip Stock Strength, Falling Oil and Return to Optimism  »

Not every stock stays down for long during market corrections. Sandisk (SNDK +16.40%) seems unstoppable at current levels. It’s up by 400% year to date and has surged by nearly 3,900% over the past year. The best part is that this growth is fueled by transformative fundamentals.
Sandisk acts as a key bottleneck in the AI boom
Many stocks that have trounced the stock market over the past year have had some connection to artificial intelligence (AI),

 » Read more about: The AI Stock That Gets Stronger Every Time the Market Sells Off  »