AI spend is strong, overpowering weakness in tech, says T. Rowe Price's Rizzo
ฝัง
- เผยแพร่เมื่อ 11 มี.ค. 2024
- Dom Rizzo, T. Rowe Price, joins 'Closing Bell Overtime' to talk chip makers bouncing back, the state of the tech sector, growth in AI spend and more.
Also, Oracle had a great AI quarter too.
AI Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
you’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner
I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Margaret Johnson Arndt for the last five years or so, and her returns have been pretty much amazing.
Margaret really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. her is a fiduciary who will act in my best interest. So, I booked a session with her.
Is it being spent, or are they booking profits for revenue they dont actually have? Nvda for example getting billion dollar orders from million dollar companies
Ah, the conspiracy theorists. Taking orders which a customer might change their mind on is NOT booking imaginary profits.
Is the earth flat because TH-camrs insist it is, in your mind as well?
Disclosure: I hold no NVDA position except for a long term OTM put for when sanity returns. (I had a sizable windfall from selling my NVDA shares, which ran far further than I expected in the short or even intermediate term).
But facts are facts, and unsupported nonsense is that until CREDIBLY proven otherwise with facts and/or data.
AI is strong! Investor smarts, not so much.
Strong Spending in EV sector in 2024. FSR . Fisker. 95 % Dip Opportunity year. Ocean Suv EVs Increasing deliveries, dealership agreements in Europe and North America, revenue in 2024 expected to increase by 300 %. Rivian... Polestar..Li Auto....PLUG... Lion Electric... Vicinity Motors... Xpeng, JOBY, more.
FSR is where you're going to lose your pants. They're at risk of being de-listed for being below a dollar. They're currently cash-flow negative and will run out of money in a few months unless they get a significant infusion of hundreds of millions or billions from selling shares/bonds that no one wants or convincing another whale investor for money. MKBHD reviewed the Fisker Ocean as the worst car he's ever reviewed due to so many software bugs. I wish this wasn't the case as we need more brands of EVs on the road, but Fisker is headed towards bankruptcy, so I'd avoid FSR as well as their vehicles.
Europe implements strict AI rules. More are coming to the USA and around the world. Nividia and AI sector has topped as order flows will slow due to this. Much slower growth for chips.
Now AI is second only to electricity! 😂 Just a little overhyped don't you think?
no
Is that your missed gains talking?
capex is completely driving this market. if this AI spend doesn't deliver cash flow for the buyers of the AI goods then this thing will crash very hard since we are so concentrated.
I’m Long trick no good 😂
Please Upload today's Mad Money !
Market down 1% .. "is this the end of the Bull Market?"
I don't think there will be rate cuts this year. Inflation is going back up. March 2023 only rose .1%. That falls off next reading, so get ready for a 3.4ish% Inflation read next time in April and another hot PCE read. AI topped IMO last Friday.
ur wrong about AI topping
@@AnotherBrownKid No I'm not.
AWS AI 😂
Biden’s commercial 😢
Lame is this an end to AI spend?
Many are going to lose their jobs to AI. From finance and tax areas to Software engineers. It is so powerful that you can get a much better tax analysis than any finance firm can offer. 2025 will be blood bath.
AMD will always be behind Nvidia. Nvidia has a AI
In God we trust
He is right, there is an overpowering weakness in tech coming right up 📉