Is AI Spending Translating Into Profits for Companies?

Is AI Spending Translating Into Profits for Companies? Yes, but not everywhere, and certainly not equally. There is a tendency with every major technological cycle to gravitate toward one of two extremes. Either the technology is going to change everything immediately, or the enormous amount of spending proves we are in a bubble. I don’t […]
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Data Center Deficit: The Political Crisis Quietly Threatening AI

Data Center Deficit: The Political Crisis Quietly Threatening AI While investors fret over a potential financial bubble driven by soaring tech valuations and massive infrastructure spending, the true vulnerability of the artificial intelligence boom lies in the physical world. The critical bottleneck is not a lack of commercial demand or technological utility, but rather the […]
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SpaceX: Patience is a Virtue

SpaceX: Patience is a Virtue Investing in SpaceX at its current market price presents a high-stakes trade-off between securing a piece of what could become a generational technology platform and paying an unprecedented valuation premium. Is this the deal of the century, or is it mass speculation? The company is certainly on the leading edge […]
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Could AI be Hitting a Wall?

Could AI Be Hitting a Wall? AI development and usage are growing with lightning speed, but the cost of producing AI is beginning to bump up against customers’ willingness to spend. AI leadership has migrated over the last few years as hyperscalers (Microsoft, Google, OpenAI, etc.) have released new AI models. In a nascent but […]
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Why AI Winners Could Keep Leading the Market

Why AI Winners Could Keep Leading the Market AI continues to reshape the market, but are today’s leading tech companies overvalued, or are they still in the early stages of a much bigger cycle? In this interview, Phil Palumbo, Founder, CEO, and Chief Investment Officer of Palumbo Wealth Management, breaks down why companies like Palo […]
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The Market Is Trading on Fundamentals, Not Speculation

The Market Is Trading on Fundamentals, Not Speculation There’s a narrative circulating that today’s stock market resembles the late 1990s dot-com bubble. While there are similarities surrounding excitement over artificial intelligence, the underlying market fundamentals tell a very different story. This market is not being driven purely by speculation. It is being driven by earnings. […]
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Brains to Brawn

Brains to Brawn While hyperscalers (Amazon -AMZN, Alphabet- GOOGL, Meta – META, and Microsoft – MSFT) and NVIDIA (NVDA) continue to command headlines and trillions in market valuation, the real stock market action has shifted toward smaller companies solving critical datacenter bottlenecks. The first AI bottleneck was Nvidia chips, the brains of AI, but the […]
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