Monday, July 8, 2024

Creative Destruction

Total Wealth

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Monday Takeaways: The Magnificent Seven's Creative Destruction

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Shah Gilani

Shah Gilani
Chief Investment Strategist

Despite the shortened trading week... July has kicked off with plenty of fireworks.

The S&P hit several new highs last week... and the trend shows no signs of stopping.

Yet a new Barron's article that suggests otherwise... that the Magnificent Seven are facing "creative destruction."

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The David to Nvidia's Goliath: Tiny Startup Solving AI's Biggest Challenge

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While Nvidia grabs the headlines, a little-known company is quietly reshaping the AI landscape. Their cutting-edge technology is tackling the biggest bottleneck in AI adoption, attracting customers like Intel, AMD, Microsoft, and more. As the AI boom accelerates, this tiny startup could be the ultimate winner. Get in early on the AI revolution's best-kept secret.

 

Their advice for what to do about it is just plain wrong... and I explain why in today's video.

Plus, there was one number that has investors convinced rate cuts are coming soon. But it's not that simple.

See what else is brewing in the markets... in your Monday Takeaways.

Click here or on the thumbnail below to watch.

Video - Monday Takeaways
 
WATCH THE VIDEO
(WITH TRANSCRIPT)

Cheers,

Shah

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Amazon's $794M Bombshell: Nvidia's Secret Partner Revealed

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Amazon has quietly poured $144 million into a secretive AI chip company, and committed to buying a staggering $650 million of their product. Why? Because this obscure startup holds the key to unleashing the full potential of Nvidia's revolutionary Blackwell chip. Discover the company at the heart of the AI arms race.

 

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