18 hours ago
NVIDIA Corporation (NASDAQ:NVDA) is one of the best stocks to buy now for long term growth. Reuters reported on May 26 that, according to a report by Bloomberg News citing people familiar with the matter, Taiwan prosecutors suspect that three individuals managed to smuggle at least one shipment of NVIDIA Corporation (NASDAQ:NVDA) chips to China before first exporting them to ***** an. However, the report could not be immediately verified by Reuters.
For reference, NVIDIA Corporation (NASDAQ:NVDA) released financial results for fiscal Q1 2027 on May 20, reporting record revenue of $81.6 billion for the quarter, up 20% from the previous quarter and up 85% from a year ago. GAAP and non-GAAP gross margins were 74.9% and 75.0% for the quarter, respectively, while GAAP and non-GAAP earnings per diluted share were $2.39 and $1.87, respectively.
The company’s Board of Directors also approved an additional $80.0 billion to its share repurchase authorization on May 18, 2026, without expiration. NVIDIA Corporation (NASDAQ:NVDA) is also increasing its quarterly cash dividend from $0.01 per share to $0.25 per share of common stock, payable on June 26, 2026, to all shareholders of record on June 4, 2026.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
For reference, NVIDIA Corporation (NASDAQ:NVDA) released financial results for fiscal Q1 2027 on May 20, reporting record revenue of $81.6 billion for the quarter, up 20% from the previous quarter and up 85% from a year ago. GAAP and non-GAAP gross margins were 74.9% and 75.0% for the quarter, respectively, while GAAP and non-GAAP earnings per diluted share were $2.39 and $1.87, respectively.
The company’s Board of Directors also approved an additional $80.0 billion to its share repurchase authorization on May 18, 2026, without expiration. NVIDIA Corporation (NASDAQ:NVDA) is also increasing its quarterly cash dividend from $0.01 per share to $0.25 per share of common stock, payable on June 26, 2026, to all shareholders of record on June 4, 2026.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
22 hours ago
Jackson Peak Capital, an investment management firm, released its first-quarter 2026 investor letter. Jackson Peak Capital employs a concentrated long/short equity approach to deliver strong absolute returns across various market conditions. A copy of the letter is available to download here. In Q1 2026, Jackson Peak returned -21.0%, net, in a challenging environment. The underperformance in Q1 was driven by an increase in tech exposure, adverse movements in certain positions, and the lack of expected catalysts. The ACWI returned -2.2%, and the HFRX Equity Hedge Index returned -1.5% during the same time. The firm expects a strong Q2 start as AI acceleration and easing geopolitical tensions favor positions. At Q1’s end, net exposure was 36%, up from 25% from Q4's end, with confidence in AI infrastructure, energy, compute, data center buildout, and event-driven positions. In addition, please check the fund’s top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Jackson Peak Capital highlighted stocks like Core Scientific, Inc. (NASDAQ:CORZ). Core Scientific, Inc. (NASDAQ:CORZ) is a leading US-based infrastructure provider for high-density colocation services and digital ****** et mining. On June 1, 2026, Core Scientific, Inc. (NASDAQ:CORZ) closed at $28.55 per share. One-month return of Core Scientific, Inc. (NASDAQ:CORZ) was 28.66%, and its shares gained 141.95% over the past 52 weeks. Core Scientific, Inc. (NASDAQ:CORZ) has a market capitalization of $9.08 billion.
Jackson Peak Capital stated the following regarding Core Scientific, Inc. (NASDAQ:CORZ) in its Q1 2026 investor letter:
"A position worth highlighting this quarter is Core Scientific, Inc. (NASDAQ:CORZ). We re-engaged with CORZ during Q1 after exiting in Q4, as the stock retraced to attractive levels just as we were looking to add to the AI infrastructure theme on the developments above. Specifically, CORZ is a beneficiary of the compute shortage as it has valuable data center co-location capacity, which is structurally short of supply heading into the remainder of 2026 as the leading AI labs and hyperscalers all look for power and shovel-ready sites.
CORZ is one of the few public companies with shovel-ready capacity at scale. It is a high-performance computing (HPC) colocation provider that pivoted from crypto mining to AI infrastructure, and the foundation of the business today is its ~590 MW contract with CoreWeave under 12-year hosting agreements, representing over $10 billion in total contracted revenue. Beyond the CoreWeave contract, CORZ has approximately 1.5 GW of total leasable power in the pipeline. Management has stated that they are in active dialogue with multiple parties and that colocation leasing agreements are expected in the near future.
In its first-quarter 2026 investor letter, Jackson Peak Capital highlighted stocks like Core Scientific, Inc. (NASDAQ:CORZ). Core Scientific, Inc. (NASDAQ:CORZ) is a leading US-based infrastructure provider for high-density colocation services and digital ****** et mining. On June 1, 2026, Core Scientific, Inc. (NASDAQ:CORZ) closed at $28.55 per share. One-month return of Core Scientific, Inc. (NASDAQ:CORZ) was 28.66%, and its shares gained 141.95% over the past 52 weeks. Core Scientific, Inc. (NASDAQ:CORZ) has a market capitalization of $9.08 billion.
Jackson Peak Capital stated the following regarding Core Scientific, Inc. (NASDAQ:CORZ) in its Q1 2026 investor letter:
"A position worth highlighting this quarter is Core Scientific, Inc. (NASDAQ:CORZ). We re-engaged with CORZ during Q1 after exiting in Q4, as the stock retraced to attractive levels just as we were looking to add to the AI infrastructure theme on the developments above. Specifically, CORZ is a beneficiary of the compute shortage as it has valuable data center co-location capacity, which is structurally short of supply heading into the remainder of 2026 as the leading AI labs and hyperscalers all look for power and shovel-ready sites.
CORZ is one of the few public companies with shovel-ready capacity at scale. It is a high-performance computing (HPC) colocation provider that pivoted from crypto mining to AI infrastructure, and the foundation of the business today is its ~590 MW contract with CoreWeave under 12-year hosting agreements, representing over $10 billion in total contracted revenue. Beyond the CoreWeave contract, CORZ has approximately 1.5 GW of total leasable power in the pipeline. Management has stated that they are in active dialogue with multiple parties and that colocation leasing agreements are expected in the near future.
2 days ago
IBM (IBM) stock price surged almost 13% on Friday from Thursday's close to finish near $298, its sharpest single-day jump in months on a fresh Wall Street call. Now it is pushing above $300 in early Monday trading.
The fuel-turning-heads is a recycled Trump video that resurfaced over the weekend, actually footage from last December. That timing matters, because a clip going viral after the rally already ran, right as price nears heavy resistance, is the kind of spark that pulls in late buyers just as the move tires.
IBM has climbed since a May 13 low near $212, rising as much as 41% before pausing. The surge began well before the viral clip, which means the recirculated December video of President Trump praising IBM is a spark, not the engine.
The firmer catalyst landed June 1. Barclays **** yst Raimo Lenschow initiated coverage with an Overweight rating and a $350 target, noting nearly half of IBM's revenue and most of its profit come from sticky software sold to large, regulated customers. Wedbush reiterated a Buy at $320 on May 29. That's the level IBM stock hints at on early Monday.
Volume supports the move. Trading volume has risen steadily since mid-May, with Friday printing 28.48 million shares as price broke higher.
The fuel-turning-heads is a recycled Trump video that resurfaced over the weekend, actually footage from last December. That timing matters, because a clip going viral after the rally already ran, right as price nears heavy resistance, is the kind of spark that pulls in late buyers just as the move tires.
IBM has climbed since a May 13 low near $212, rising as much as 41% before pausing. The surge began well before the viral clip, which means the recirculated December video of President Trump praising IBM is a spark, not the engine.
The firmer catalyst landed June 1. Barclays **** yst Raimo Lenschow initiated coverage with an Overweight rating and a $350 target, noting nearly half of IBM's revenue and most of its profit come from sticky software sold to large, regulated customers. Wedbush reiterated a Buy at $320 on May 29. That's the level IBM stock hints at on early Monday.
Volume supports the move. Trading volume has risen steadily since mid-May, with Friday printing 28.48 million shares as price broke higher.
2 days ago
Around 45% of workers contribute to some kind of workplace retirement plan, such as a 401(k), according to the Pension Rights Center (1). For many people, finding money to put into a retirement account can be a struggle, but it’s important, because you’ll need this money to live on later.
Imagine, though, that you work hard to invest for retirement and then just forget about the money. That happens way more often than you’d think, with Capitalize (2) reporting that around 31.9 million 401(k) accounts have been left behind at former jobs. Those accounts have $2.1 trillion in them, which is a lot of money.
Prime US real estate was a rich person's game — then something changed. Now everyday Americans are getting a piece of the action for as little as $100
Millionaires under 43 are reshaping investing — just 25% of their portfolios are in stocks. Here’s where their money is going
Robert Kiyosaki says this 1 **** et will surge 400% in a year and begs investors not to miss this ‘explosion’
Imagine, though, that you work hard to invest for retirement and then just forget about the money. That happens way more often than you’d think, with Capitalize (2) reporting that around 31.9 million 401(k) accounts have been left behind at former jobs. Those accounts have $2.1 trillion in them, which is a lot of money.
Prime US real estate was a rich person's game — then something changed. Now everyday Americans are getting a piece of the action for as little as $100
Millionaires under 43 are reshaping investing — just 25% of their portfolios are in stocks. Here’s where their money is going
Robert Kiyosaki says this 1 **** et will surge 400% in a year and begs investors not to miss this ‘explosion’
