📈 NVDA's Face-Melting Rally

Plus: Will OpenAI leave the EU?

Good Morning!

Today, we’re talking about the question on everyone’s lips - Is AI a bubble or not? Shoot us a reply and let us know your thoughts on AI!

Nvidia Corp. seems like it’s about to join the trillion-dollar club, making it rain with one of the biggest gains ever seen in the stock market in recent history. Their rally caused Microsoft and Alphabet, some heavyweight champs of the AI world, to end the day on a sky-high note.

If you thought there’s no drama in the AI world, think again! The CEO of Microsoft-backed OpenAI is threatening to pack their bags and leave the EU if they put the brakes on AI development.

Grab your venti triple-shot unicorn frappuccino with extra sprinkles and let's get into it!☕️👇️

Markets

Wall Street ends higher as Nvidia sparks rush for AI stocks (3 minute read)
Wall Street had a pretty awesome day on Thursday! Nvidia gave everyone a wild ride with their amazing earnings forecast. That got everyone hyped up about AI-related companies, and, boom, the rally was on. Heavyweight AI players like Microsoft and Alphabet also joined the party and ended the day on a high note. Meanwhile, investors were keeping an eye out for any signs of progress in those U.S. debt ceiling talks.

Investing

Nvidia Eyes the $1 Trillion Club as AI Outlook Sparks Rally (2 minute read)
Nvidia Corp. (NVDA) is on the verge of joining the trillion-dollar club! They're about to become the ninth company ever to reach that incredible milestone. People can't get enough of artificial intelligence, and that's driving up the demand for Nvidia's super speedy processors. The Santa Clara-based chipmaker shot up by a whopping 26% when they announced their sales forecast. At one point, their market value even skyrocketed by a jaw-dropping $199 billion, hitting a record-breaking $955 billion. That's one of the biggest gains in US history!

OpenAI CEO's threat to quit EU draws lawmaker backlash (5 minute read)
The CEO of Microsoft (MSFT)-backed OpenAI, Sam Altman, has been on a mission, urging lawmakers left and right to come up with some fresh rules for artificial intelligence. Altman recently dropped a bombshell threat, saying that if the EU decides to go too trigger-happy with regulations, OpenAI might just pack its bags and leave. Altman was supposed to pay a visit to Brussels, but it seems like that plan went down the drain. No comment from them yet, but boy, oh boy, things are heating up in the world of AI!

Why Buying $1,000 of This AI Growth Stock Could Be a Brilliant Move (7 minute read)
Psst… Here’s a tip that won't break the bank but could totally change your life. If you've got a cool $1,000 ready to play with, you could be on your way to some serious moolah. How? Well, buckle up because CrowdStrike (CRWD) are like AI superheroes, staying one step ahead of cyber criminals and saving the day with their top-notch cybersecurity tech. The Motley Fool even has the scoop on all the potential this stock has to offer.

Money

Top 10 Financial Moves To Reduce Stress And Anxiety (10+ minute read)
Let's face it, adulting can be a rollercoaster ride of complexity. Family duties, health hiccups, and future freak-outs can rain on our parade, even if we're the chirpiest of souls. That's why it's time to whip out some financial moves every once-in-a-while to zap away stress and anxiety! When you're not bogged down by worries, you'll be strutting around with a smile, feeling happier than a puppy with a bone.

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