Breakfast News: Mag 7’s Role in Q2 Earnings

Kicking off the group known as the “Magnificent Seven,” Alphabet (GOOG) and Tesla (TSLA) are set to release their second-quarter earnings reports on Wednesday. According to FactSet’s predictions, these two companies are projected to grow earnings by 14.1% compared to the same period last year. In contrast, the remaining 493 companies in the S&P 500 are expected to only see a modest growth of 3.4%.

1 Stock That Turned $1,000 Into $163,000

From mid-July 1995 onwards, one leading retail stock has delivered an astonishing total return of more than 16,000%, which equates to approximately 18.5% per year. If you had invested $1,000 in this company back then, it would be worth around $163,000 today. This impressive performance is a result of the company’s consistent success, coupled with patience and the magic of compound interest, leading to a remarkable return for shareholders.

Is SoundHound AI a Millionaire-Maker Stock?

Given a 93% increase in share price over the past year, it’s evident that investors are confident about SoundHound AI‘s (SOUN) capacity to lead this opportunity. However, one might wonder if the company lives up to its hype. Let’s delve deeper to determine whether SoundHound holds the potential for millionaire status.

Is Nvidia Stock a Buy Now?

In approximately three months, the stock price reached $173, positioning the chip supplier as the world’s most valued publicly traded company, boasting a market capitalization exceeding $4.2 trillion. Given shares are nearing their peak, we’ll delve into Nvidia’s latest financial reports, insights from management about future prospects, and whether it remains a worthwhile investment opportunity today.

3 No-Brainer Artificial Intelligence (AI) Stocks to Buy Right Now

A significant sector where investors can anticipate substantial expansion is data centers. These facilities are multiplying nationwide, providing space for the processing hardware necessary for artificial intelligence (AI). It’s predominantly through these infrastructure developments that businesses earn revenues stemming from AI.