Congressman Who Loves Magnificent Seven Stocks Buys 3 Mag 7 Names in September
Congressman Cleo Fields is known for buying Magnificent Seven stocks in recent years. Here's which stocks he increased his investments in for September.
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Qualcomm expands beyond mobile with a major Huawei licensing deal, custom AWS AI chips, and Meta server partnerships as it targets $15B in data center revenue.
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Congressman Cleo Fields is known for buying Magnificent Seven stocks in recent years. Here's which stocks he increased his investments in for September.
Alphabet is positioned as an attractive AI investment with potential for 100-150% returns over five years. The company's competitive advantages include its dominant distribution network (Chrome, Android), custom AI chips (TPUs) that reduce infrastructure costs, and monetization through its ad network. Analysts project revenue growth to $1.13 trillion by 2031, with a $1,000 investment potentially worth $2,000-$2,500 by then.
Europe Debt Concerns Please click here for an enlarged chart of Ishares Msci Brazil ETF (NYSE:EWZ). Note the following: The chart shows EWZ leaped above zone 1 on election results. RSI on the chart
AMD and Intel are competing for dominance in the AI chip market. AMD is experiencing rapid growth with 34.3% revenue increase and strong data center performance, while Intel is undergoing a turnaround with improving results but negative free cash flow. The article recommends AMD as the better buy due to faster growth, cleaner business trajectory, and lower execution risk.
Tom Lee sees lower yields boosting tech and crypto. But rising AI debt raises a bigger question: Can hyperscalers earn enough to justify the spending?
Stifel analyst reiterates Buy for AMD, expecting a Q3 beat-and-raise driven by EPYC; MI450 and margins matter in Q4 outlook.