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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Markets Are Hitting Records… But a 15% Drop Could Be Coming

Markets Are Hitting Records… But a 15% Drop Could Be Coming In this live discussion, Phil Palumbo breaks down the biggest forces driving markets right now, from geopolitical tensions and record-breaking rallies to a potential shift in Federal Reserve leadership that could trigger volatility. While many believe the worst of geopolitical risk is behind us, […]
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