Elon Musk and SpaceX Just Delivered Incredible News to Nvidia That Could Help the Stock Double in the Next Year
When Elon Musk and Space Exploration Technologies (SPCX +1.89%) announced the company’s third-quarter earnings results on Oct. 20, there was incredible news for Nvidia (NVDA -0.59%) and its shareholders. On the Q3 earnings call, Musk said the space and artificial intelligence (AI) company plans to aggressively ramp up its AI infrastructure spending to deliver annual recurring revenue (ARR) between $500 billion and $1 trillion by the end of 2027.
Read MoreCathie Wood Just Poured Millions Into 2 Nuclear Stocks — and Neither Was NuScale Power
Key Points
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NuScale Power is one of the more recognizable nuclear stocks thanks to its NRC-approved designs.
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Several Ark Invest ETFs bought two nuclear stocks on Tuesday and Wednesday.
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For those interested in mitigating risk, buying nuclear ETFs is a smart strategy.
Precious Metals Buffeted By Higher Interest Rates, Deficits and Geopolitics
After staging a spectacular rally in 2025 and early 2026, precious metal prices have fallen sharply from their end-of-January peak. Between late January and mid-October, gold prices fell by more than 20% while silver, platinum and palladium tumbled by more than 40% (Figure 1). Perhaps the largest contributing factor to the decline in precious metals prices was the shift in expectations from rate cuts to rate increases.
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Read MoreHow Low Can Snowflake Stock Go?
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Snowflake (SNOW) stock returned 131.9% over the six months to October 23, 2026, outpacing the 7.0% return for the S&P 500.
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Read MoreAI earnings, a pivotal Fed decision, the midterms: Stocks are kicking off a crucial 2-week stretch
Stocks are kicking off a monumental couple of weeks.
On top of Anhtropic’s S-1 filing released on Monday morning, the week’s pipeline of market-moving events includes financial results from top players in the AI trade, an interest rate decision from the Federal Reserve and how its chairman, Kevin Warsh,
Read MoreThe Burst
Can You Retire On UPS?
United Parcel Service has long been one of the world’s most trusted shipping giants, a backbone of global commerce that seems almost untouchable. But in the past half decade, shareholders have felt more turbulence than smooth sailing. The stock is down 46%.
That’s a sobering reality for a company many once viewed as a safe,
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Read MoreThe Ivy
Trump’s Post Just Sent Cannabis Stocks Soaring
It was President Donald Trump’s social feed that lit the spark on cannabis stocks this past week.
On Sunday, Trump posted a video on Truth Social highlighting the potential health benefits of hemp-derived CBD for seniors. He even floated the idea that Medicare could cover it one day.
The post came on the heels of another Trump remark just weeks ago that he was considering reclassifying marijuana at the federal level,
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Read MoreThe Spotlight
Roblox Stock Soared 60% But Is the Party Just Getting Started?
Gaming company Roblox (NYSE:RBLX) operates a massive platform that allows creators to build and share their own games with little to no existing programming knowledge.
The platform is home to tens of millions of user-generated games, known as “Experiences” by the company. In the last 12 months, the company’s shares have gained almost 60 percent,
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