How Trump's Tax Bill Impacts Commercial Real Estate
Eisneramper Managing Partner and Head of Real Estate Lisa Knee discusses Trump's tax bill impact on real estate. She speaks with Romaine Bostick on "The Close." (Source: Bloomberg)
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Yahoo
4 minutes ago
- Yahoo
After Plummeting Over $1 Trillion in Value, This Super Artificial Intelligence (AI) Stock Is Mounting a Major Comeback, With Analysts Predicting Gains of Up to 400%
Key Points Nvidia stock took a nosedive earlier this year thanks to concerns over tariffs and competition in China. These fears have subsided over the last couple of months, and positive investor sentiment has fueled Nvidia stock to new highs. Some on Wall Street think the Nvidia train can keep moving, potentially reaching a $20 trillion valuation over the next five years. 10 stocks we like better than Nvidia › For a few years now, the artificial intelligence (AI) movement has largely hinged on the performance of a single company: Nvidia (NASDAQ: NVDA). Sure, if Microsoft or Amazon posted strong results from their respective cloud computing platforms or if Tesla managed to hype investors up over the prospects of self-driving robotaxis or humanoid robots, the technology sector might see a fleeting upward movement. At the end of the day, however, the focus seemed to eventually return to Nvidia -- with analysts obsessing over how demand for the company's chips and data center services were trending. During the first half of the year, Nvidia's ship was caught in an epic storm. Investors started to question the company's long-growth prospects -- inspiring prolonged periods of panic-selling in the process. All told, Nvidia's market cap dropped by more than $1 trillion. But now, with a market value north of $4 trillion, Nvidia has reclaimed its position as the most valuable company on the planet. Even better? Some on Wall Street are calling for further gains of up to 400%. Let's explore the tailwinds supporting Nvidia's long-term growth narrative and detail why Wall Street sees such massive upside for the king of the chip realm. One Wall Street analyst is calling for a $10 trillion valuation for Nvidia One of the most bullish Nvidia analysts on Wall Street is the I/O Fund's Beth Kindig. Kindig suggested that Nvidia could reach a $10 trillion market cap by 2030 -- implying 140% upside from current levels. Let's explore the main catalysts supporting Kindig's forecast. According to management from Microsoft, Amazon, and Alphabet, roughly $260 billion will be spent in 2025 alone on AI infrastructure. On top of that, Meta Platforms is expected to spend roughly $70 billion on capital expenditures this year -- nearly double what it spent in 2024. Lastly, Oracle is beginning to make significant headway in infrastructure services -- allowing companies to rent Nvidia GPUs from their cloud-based data center platform. From a macro perspective, rising capex from the cloud hyperscalers bodes well for chip demand. Kindig takes these secular tailwinds one step further, suggesting that competition from Intel and Advanced Micro Devices does not pose much of a threat to Nvidia's dominance. While it's hard to know how vendor preferences could change over the next several years, current industry research trends suggest that Kindig might be right -- underscored by Nvidia's rising market share in the AI accelerator industry. The area of Kindig's analysis that I think is currently overlooked the most revolves around Nvidia's software architecture, called CUDA. Since CUDA is integrated tightly with Nvidia's hardware, developers essentially become locked into the company's ecosystem. Not only does this lead to customer stickiness, but it opens the door for Nvidia to be at the forefront of more sophisticated, evolving AI applications in areas such as robotics and autonomous driving. What about $20 trillion? Former management consulting executive Phil Panaro is even more bullish than Kindig. By 2030, Panaro thinks Nvidia's share price could reach $800 -- implying roughly a $20 trillion market cap. Panaro cites opportunities across Web3 development and evolving use cases around how enterprises and governments leverage AI to generate more efficiency and cost savings as the main pillars supporting Nvidia's upside. While these trends could eventually drive significant demand for Nvidia's data center services, tech adoption within the government tends to move slowly. Meanwhile, Web3 remains an emerging concept that could take far longer to mature than Panaro is assuming. Is Nvidia stock a buy right now? Nvidia stock has been mounting an epic comeback over the last couple of months. This valuation expansion can be easily seen through the dynamics of the company's rising forward price-to-earnings (P/E) multiple. Nevertheless, Nvidia's forward P/E of 40 is still well below levels seen earlier this year. Trying to model Nvidia's peak valuation is an exercise in false precision. The bigger takeaway is that analysts on Wall Street are not only calling for significant upside in the stock, but they have outlined the foundation for Nvidia's long-term growth. The important theme here is that Nvidia has opportunities well beyond selling chips -- many of which have yet to make meaningful contributions to the business. I see Nvidia stock as a no-brainer. Investors with a long-run time horizon might consider scooping shares up at current prices and plan to hold on for years to come. Should you buy stock in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Intel, Meta Platforms, Microsoft, Nvidia, Oracle, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft, short August 2025 $24 calls on Intel, and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. After Plummeting Over $1 Trillion in Value, This Super Artificial Intelligence (AI) Stock Is Mounting a Major Comeback, With Analysts Predicting Gains of Up to 400% was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 minutes ago
- Yahoo
Christine Hunsicker, CEO of a Bankrupt Fashion Tech Startup, Charged for Alleged $300M Fraud Scheme
NEED TO KNOW Christine Hunsicker allegedly ran a fraud scheme that raked in over $300 million for her now-bankrupt fashion tech startup The CaaStle founder and CEO was charged with wire fraud, securities fraud, money laundering, making false statements to a financial institution and aggravated identity theft Hunsicker pleaded not guilty to all chargesChristine Hunsicker, the founder and CEO of fashion tech startup CaaStle, has been indicted on fraud-related charges after she allegedly defrauded investors out of more than $300 million. In an indictment unsealed on Friday, July 18, more details tied to Hunsicker's alleged fraud scheme, which raised money for both CaaStle, a clothing-rental company, and another venture, P180, were revealed, according to the office of the United States Attorney for the Southern District of New York. Through the alleged scheme, Hunsicker, 48, defrauded CaaStle and P180 investors out of more than $300 million 'through false statements, misleading claims, and fabricated documents,' according to the attorney's office. The newly unsealed indictment charges the New Jersey native and Princeton University alum with wire fraud and securities fraud, as well as money laundering, making false statements to a financial institution and aggravated identity theft. Hunsicker self-surrendered on July 18. Later that same day, she pleaded not guilty to all charges, according to the Associated Press. In a statement obtained by PEOPLE, the entrepreneur's lawyers, Michael Levy and Anna Skotko, said, "There is much more to this story.' "Although Ms. Hunsicker has been fully cooperative and transparent with both the U.S. Attorney for the Southern District of NY and the SEC, they nonetheless have chosen to present to the public an incomplete and very distorted picture in today's indictment,' they continued. 'There is much more to this story, and we look forward to telling it," the lawyers' statement added. While CaaStle — which filed for bankruptcy in June — was in 'financial distress with limited cash and significant expenses,' Hunsicker allegedly 'grossly overstated' its financial situation, instead promoting the venture as a 'rapidly growing business valued at more than $1.4 billion,' according to the attorney's office. She used falsified statements, bank records and other documents to do so, the indictment alleges. One fake bank account screenshot, which Hunsicker allegedly provided to an investor, showed that CaaStle had nearly $200 million in available cash, the attorney's office said. At the time, the real figure was less than $200,000. Hunsicker kept up the scheme even after she was 'confronted' over providing an investor with a fake audit in October 2023, claiming it was a 'one-time error,' the attorney's office alleges. She had actually provided two fake audits to the investor, the office claims, and later repaid them 'to prevent the public disclosure of her fraud.' The scheme included not only false bank statements and audits, but also falsified signatures, the attorney's office claims. In 2024, the entrepreneur allegedly forged a board director signature to raise more than $20 million for CaaStle. Around the same time, Hunsicker formed P180 to infuse CaaStle with cash before her fraud scheme came to life, and used 'false information about CaaStle's success to raise approximately $30 million' for the new venture, per the attorney's office. She also allegedly provided false information to obtain a personal bank loan of $20 million. is now available in the Apple App Store! Download it now for the most binge-worthy celeb content, exclusive video clips, astrology updates and more! In total, Hunsicker raked in more than $275 million in investments through her fraudulent behavior — which continued even after CaaStle 'prohibited her from soliciting investments' and 'after law enforcement agents seized her electronic devices' earlier this year, according to the attorney's office. Hunsicker faces one count of wire fraud, one count of money laundering and two counts of securities fraud, which carry maximum prison sentences of 20 years a piece. Making false statements to a financial institution, for which she faces one count, carries an even longer maximum sentence of 30 years. Aggravated identity theft, meanwhile, carries a mandatory prison sentence of two years. Read the original article on People Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
USA Today
5 minutes ago
- USA Today
Trump: Epstein grand jury records unlikely to satisfy critics
WASHINGTON – President Donald Trump acknowledged on July 19 he's unlikely to satisfy the clamor for more information about Jeffrey Epstein. Even if a court fully approves his request to release grand jury testimony about the disgraced financier and convicted sex offender, that probably won't be enough, Trump said on social media. 'Nothing will be good enough for the troublemakers and radical left lunatics making the request,' the president wrote. 'It will always be more, more, more. MAGA!' More: $10 billion lawsuit. More documents coming. Here's the latest on Trump and Epstein. Trump previously accused the Biden administration of hiding a list of Epstein clients. The Department of Justice teased that more files would be coming out, but then on July 7, Attorney General Pam Bondi said there was no client list and no further disclosure was needed. That led to a wave of backlash from Trump's MAGA base. "No one believes there is not a client list," Rep. Marjorie Taylor Greene, R-Georgia, a close Trump ally, posted on X July 8. On July 18, federal prosecutors asked a federal court in Manhattan to unseal grand jury transcripts in the criminal cases against Epstein and his former associate Ghislaine Maxwell. Epstein's federal sex-trafficking case was still pending when he was found dead in a jail cell in 2019. 'Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to produce any and all pertinent Grand Jury testimony, subject to Court approval,' Trump wrote on social media. Rep. Thomas Massie, a Kentucky Republican who filed legislation to release all the government's Epstein records, wrote in social media post that Trump's move indicates the pressure campaign is 'working.' 'But we want all the files,' Massie added. It could take time for the courts to release any records, and the grand jury documents are just a portion of the unreleased files. 'What about videos, photographs and other recordings?' Democratic Rep. Daniel Goldman, a former prosecutor, wrote on social media in response to Bondi saying she'd seek the release of grand jury testimony. 'What about FBI… (witness interviews)? What about texts and emails?' Contributing: Zac Anderson, Aysha Bagchi, Joey Garrison.
