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Apple tops Nvidia as world's most valuable company as AI bets shift
Reuters Videos34d agobullishVIDEO
Apple tops Nvidia as world's most valuable company as AI bets shift

<body><p>STORY: Apple overtook Nvidia on Friday to become the world's most valuable company, reshuffling the top ranks of tech giants as investors reassess the outlook for AI.</p><p>The shift in the pecking order illustrates how investors are looking beyond the most obvious beneficiaries of the AI boom, such as Nvidia.</p><p>Apple is reclaiming the top spot for the first time since April of last year.</p><p>:: Nvidia</p><p>:: $4.88 trillion</p><p>::$4.86 trillion.</p><p>The iPhone maker's market cap on Friday hit $4.88 trillion, edging out Nvidia at $4.86 trillion.</p><p>:: Apple</p><p>For Apple, a company often seen trailing in the AI race, the milestone reflects the company's efforts to establish itself more firmly as a leading AI player.</p><p>Apple last month rolled out a long-delayed overhaul of Siri, betting it would help close the gap ‌with Big Tech rivals and newer startups.</p><p>Some analysts say Apple is also sitting on an ​AI gold mine with the personal data that lives on every iPhone.</p><p>:: Apple</p><p>The challenge is that such data is locked away in operating systems in the name of privacy and the company would have to find a way to unlock its value.</p><p>:: Nvidia</p><p>For Nvidia, being superseded by Apple does not necessarily signal a lasting change in the company's standing.</p><p>The chipmaker remains a major beneficiary of AI-related spending, and its graphics processors are powering much of the generative AI frenzy.</p><p>:: Nvidia</p><p>Last fall, Nvidia became the first company in the world to surpass a $5 trillion market valuation, propelling it into a rarefied territory that was far beyond the reach of its rivals.</p><p>Nvidia could also reclaim the top spot ... amid shifting AI sentiment.</p></body>

Robinhood Drops 4%, Webull Tumbles 6% as NASDAQ 100 Selloff and Crypto Dip Hit Retail-Brokerage Stocks
24/7 Wall St.34d agobearish
Robinhood Drops 4%, Webull Tumbles 6% as NASDAQ 100 Selloff and Crypto Dip Hit Retail-Brokerage Stocks

Robinhood Markets (NASDAQ:HOOD) stock is down 4% to $102 in Friday’s midday session, while Webull (NASDAQ:BULL) shares have slid 6% to approximately $7. Retail-brokerage names are getting hit as the tape turns risk-off. The move across Robinhood and Webull is broad-based across retail brokerages. A thorough news check turned up no fresh headlines from either ... Robinhood Drops 4%, Webull Tumbles 6% as NASDAQ 100 Selloff and Crypto Dip Hit Retail-Brokerage Stocks

Nebius’ $775 Million Debt Deal Changes Everything About Its AI Growth Story
24/7 Wall St.34d agoneutral
Nebius’ $775 Million Debt Deal Changes Everything About Its AI Growth Story

Artificial intelligence infrastructure remains one of the market’s biggest investment themes, but it has also become one of its biggest sources of anxiety. Hyperscalers including Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), and Alphabet (NASDAQ:GOOG) are committing hundreds of billions of dollars annually to data centers, GPUs, and networking equipment, prompting concerns that debt and capital spending ... Nebius’ $775 Million Debt Deal Changes Everything About Its AI Growth Story

4 Tech Stocks Throwing Off Dividends
24/7 Wall St.34d agoneutral
4 Tech Stocks Throwing Off Dividends

AI hype has pushed most tech stocks into nosebleed territory, but a handful of legacy names keep raising dividends quarter after quarter while quietly plugging into the same buildout everyone else is chasing at a premium.

Why QDTE’s 0.97% Fee Costs You More Than Two Weeks of Payouts
24/7 Wall St.34d agoneutral
Why QDTE’s 0.97% Fee Costs You More Than Two Weeks of Payouts

QDTE prints a headline yield that turns heads, but the 0.97% fee is only the beginning of what this weekly payout machine actually costs you. Four funds are chasing the same Friday deposit, and the strategy hiding underneath each one changes everything.

3 Healthcare REITs to Buy as America Ages in July
24/7 Wall St.34d agobullish
3 Healthcare REITs to Buy as America Ages in July

America's aging population is funneling hundreds of billions into healthcare each year, and three healthcare REITs are positioning to collect a growing share of that spending through very different strategies. Which one fits your risk tolerance?

Let these 'horses' rest: Should investors be worried about rotation out of chips?
Yahoo Finance Video34d agoneutralVIDEO
Let these 'horses' rest: Should investors be worried about rotation out of chips?

The stock market (^DJI, ^IXIC, ^GSPC) is feeling the mid-summer heat with semiconductors and tech names getting especially burned amid this week's chip sell-off. Crossmark Global Investments chief market strategist Victoria Fernandez and BD8 Capital Partners CEO and CIO Barbara Doran discuss what to make of this sell-off and how accepting investors should be of this rotation from chipmakers.