Databricks Eliminates Table Format Lock-in and Adds Capabilities for Business Users with Unity Catalog Advancements
Unity Catalog is now the most complete catalog for Apache Iceberg™ and Delta Lake, enabling open interoperability with governance across compute engines, and adds unified semantics and a rich discovery experience for business users
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Globe and Mail
an hour ago
- Globe and Mail
Apple (AAPL) Eyes Spring 2026 for Long-Awaited Siri AI Overhaul
Apple (AAPL) is reportedly targeting spring 2026 for the launch of its long-anticipated Siri AI upgrade, signaling a major leap forward in the company's AI (artificial intelligence) ambitions. The overhaul is expected to enhance Siri's capabilities, aligning it with the next generation of AI-powered digital assistants and boosting Apple's competitive edge in the fast-evolving tech landscape. Confident Investing Starts Here: Will It Be Worth the Wait? According to Bloomberg, Apple's Siri team is planning to roll out the redesigned voice assistant with the iOS 26.4 update. Citing sources familiar with the project, the report says the upgrade will enable Siri to tap into users' data and on-screen context, significantly improving how it understands and responds to user requests. However, Apple hasn't officially confirmed a specific release date for the new Siri features. The company reiterated its earlier message that the enhancements are expected to roll out over the coming year. The timeline remains flexible and could change if any new issues arise. According to one source, if development progresses smoothly in the coming weeks, Apple might preview the updated Siri features during the iPhone launch event this fall. However, no final decision has been made yet. Apple Risks Losing Ground in AI Assistant Race Apple's delay of key Siri AI enhancements to 2026 marks a setback in the fast-moving AI race. While rivals like Amazon (AMZN) and Google (GOOGL) are rapidly rolling out advanced AI features in their voice assistants, Apple's slower timeline risks leaving it behind in the competitive landscape. The long-overdue Siri upgrade was first unveiled at Apple's Worldwide Developers Conference (WWDC) in June last year. The goal was to revamp the aging voice assistant, launched back in 2011, which has struggled to keep up with modern AI chatbots and tools. Interestingly, Apple's AI engineering and marketing teams are pointing fingers at one another. Engineers claim marketing overhyped Siri's AI capabilities, while marketing argues it relied on timelines provided by the AI team. Is Apple a Good Stock to Buy Now? Turning to Wall Street, AAPL stock has a Moderate Buy consensus rating on TipRanks based on 16 Buys, nine Holds, and four Sells assigned in the last three months. The average Apple share price target of $226.94 implies a 14% upside potential. See more AAPL analyst ratings
Globe and Mail
3 hours ago
- Globe and Mail
AMD, INTC, or NVDA: Which Chip Stock Is Wall Street's Best Pick?
Easing chip restrictions and trade negotiations have improved the sentiment for chip stocks, though worries about macro uncertainty and increased competition continue to be an overhang. Nonetheless, Wall Street remains bullish on some chip stocks, mainly due to robust demand for advanced chips to support the ongoing AI (artificial intelligence) boom. Using TipRanks' Stock Comparison Tool, we placed Advanced Micro Devices (AMD), Intel (INTC), and Nvidia (NVDA) against each other to find the best chip stock, according to Wall Street analysts. Confident Investing Starts Here: Advanced Micro Devices (NASDAQ:AMD) Advanced Micro Devices stock has advanced 4% in the past month due to favorable news on chip export restrictions and tariffs. However, AMD stock is still down 3.5% year-to-date, as worries about macro woes and the company lagging the AI race continue to weigh on market sentiment. Last month, AMD impressed investors with its upbeat first-quarter results, strong performance of the data center segment, and solid guidance. However, investors continue to await more aggressive growth in the AI space. At the Advancing AI event held on June 12, AMD CEO Lisa Su spoke about the company's MI350 series and MI400 series AI chips, which are expected to compete with Nvidia's Blackwell processors. Further, the MI400 series of chips will be the basis for AMD's new server called Helios, which the company plans to release next year to compete with Nvidia's NVL72 servers. However, the much-anticipated Advancing AI event failed to move AMD stock higher, as the chips discussed at the event might not immediately change the company's competitive position. Is AMD Stock a Buy or Sell Now? Following the Advancing AI event, Baird analyst Tristan Gerra reiterated a Buy rating on AMD stock with a price target of $140. The 4-star analyst noted that AMD raised its AI accelerator total addressable market (TAM) estimate to more than $500 billion by 2028, up from the prior estimate of $500 billion, representing over 60% compound annual growth rate (CAGR). The company expects the inferencing market to grow by above an 80% CAGR during this time. The analyst noted the products showcased by the company, including the MI350 series, MI355x, and the Helios AI rack. He also mentioned the AMD Developer Cloud, which will provide users access to a fully managed cloud environment. Overall, Wall Street has a Moderate Buy consensus rating on Advanced Micro Devices stock based on 22 Buys and 10 Holds. The average AMD stock price target of $127.93 indicates about 8% upside potential. See more AMD analyst ratings Intel (NASDAQ:INTC) Chipmaker Intel has been struggling in recent years due to the continued loss of share in the CPU market to AMD, a lack of innovation, strategic missteps, persistent delays in product launches, and instability in the management team. While Intel CEO Lip-Bu Tan is trying to revive the business by improving efficiency, reducing costs, and launching new products, several analysts remain cautious on Intel due to the uncertainty about its turnaround, given the company's unimpressive performance and poor execution in recent years. Also, investors are increasingly concerned about Intel losing the opportunity to capture the massive demand for advanced chips needed in AI models. Is Intel Stock a Buy or Sell? Recently, Deutsche Bank analyst Ross Seymore initiated coverage of Intel stock with a Hold rating and price target of $23. The 5-star analyst believes that despite the turnaround efforts, investors will still have to show patience, as Intel navigates macro uncertainties and company-specific headwinds related to high manufacturing costs and a lack of leading products. While Seymore has confidence in Tan's leadership and the higher odds of a successful turnaround under his guidance, he pointed out the absence of formal details of his strategic vision. Seymore believes that the road to Intel generating notable EPS/free cash flow remains unclear and highly dependent on a turnaround in the foundry business, which he contends is 'no small feat.' He expects Intel to deliver EPS of about $2 by 2027 if the company successfully restructures its manufacturing processes, product roadmap, and customer wins in the foundry business. Turning to Wall Street, Intel stock has a Hold consensus rating based on one Buy, 26 Holds, and four Sell ratings. The average INTC stock price target of $21.30 implies a modest upside of 2.5%. Intel stock has risen just 1.4% so far in 2025. See more INTC analyst ratings Nvidia (NASDAQ:NVDA) After struggling earlier in the year, Nvidia stock has risen about 10% over the past month, bringing the year-to-date gains to 6.4%. The company addressed investors' concerns with its market-beating results for the first quarter of Fiscal 2026. Moreover, easing chip export restrictions and favorable agreements that eased trade war tensions helped improve investor sentiment. Meanwhile, Nvidia continues to announce major deals that reflect robust demand for the company's GPUs (graphics processing units) that are required for AI workloads. Notably, the company is focusing on international expansion to capture solid AI opportunities. This week, Nvidia announced multiple partnerships with European countries and companies, under which it would offer AI infrastructure and software solutions. One of the notable partnerships is with French startup Mistral. Under this deal, the French company will build an AI cloud that will deploy 18,000 Nvidia Grace Blackwell chips, allowing businesses to develop and use AI via Mistral's models. Is NVDA Stock a Buy Right Now? Following Nvidia's GTC event in Paris, France, UBS analyst Timothy Arcuri reiterated a Buy rating with a price target of $175. The analyst stated that the Paris event reinforced that NVDA's 'demand funnel' is expanding from a handful of U.S. hyperscalers to sovereign states and brownfield industries, creating the possibility of upward revisions to estimates. Arcuri noted that Nvidia now has a line of sight to about $1.5 trillion of AI infrastructure investment over the next several years, consistent with the company's prior commentary on a pipeline of 'tens of gigawatts' of projects within a 2 to 3 year timeframe and $40 to $50 billion of revenue per gigawatt of AI data center capacity. This, according to Arcuri, indicates Nvidia's data center revenue in the range of $400 billion per year or about 2x his $233 billion estimate for calendar year 2026. He believes that such impressive estimates should address investors' concerns around a near – or even medium-term EPS peak. With 35 Buys, four Holds, and one Sell recommendation, Wall Street has a Strong Buy consensus rating on Nvidia stock. At $172.36, the average NVDA stock price target implies about 19% upside potential. Conclusion Wall Street is sidelined on Intel stock, modestly bullish on AMD stock, and highly optimistic on Nvidia stock. Analysts see higher upside potential in Nvidia stock than in the other two chip stocks. Wall Street sees continued strength in Nvidia's business, driven by its innovation, solid execution, and the demand for its advanced offerings in the ongoing AI wave.
Globe and Mail
5 hours ago
- Globe and Mail
Warren Buffett Says to Buy This Vanguard ETF. It Could Turn $1,000 Per Month Into $245,000 in 10 Years.
Top fund managers consistently select individual stocks to build high-performing portfolios. While individual investors often believe they can do the same, and some actually might, the vast majority of people aren't as skilled at stock selection. Here's where the recommendation of Warren Buffett comes into play. The Oracle of Omaha suggests the right course of action for most people is to simply invest their money in a low-cost index fund, particularly one that tracks the performance of the broad market S&P 500 index. One exchange-traded fund (ETF) of this type that comes to mind is the Vanguard S&P 500 ETF (NYSEMKT: VOO). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Investors who choose this path and follow it consistently put themselves in a position to be rewarded over time. For example, investing just $1,000 per month in this ETF could result in a portfolio balance of $245,000 in 10 years. Here's what you need to know. Using history as a guide to the future In the past decade, the Vanguard S&P 500 ETF has produced a total return of 244%, with dividends reinvested. That's a fantastic outcome, likely buoyed by huge capital inflows into passive investment options over active strategies, generally solid economic growth, and the rise of several dominant tech enterprises. That trailing 10-year gain puts its compound annual growth rate at about 13% -- well ahead of the market's long-run average of 10% annually. For the sake of this article, let's assume that the next 10 years will resemble the last decade when it comes to returns. Of course, nothing is guaranteed, and the future is inherently unpredictable. But if you invest $1,000 per month between now and 2035 (for a total of 120 investments), you'd have around $245,000 in a decade. This is the power of dollar-cost averaging. You might think that to succeed as an investor, you have to make decisions like a pro and try to correctly time the market. The intention of buying low, selling high, and repeating the process sounds good in theory. However, it's virtually impossible to do well on a consistent basis. That's why a dollar-cost averaging approach makes the most sense: If you add more money to your portfolio consistently at regular intervals, you can be assured that you're taking advantage of the inevitable ups and downs of the market. Other benefits of this winning strategy Knowing that $1,000 per month can end up becoming $245,000 should be enough to get any investor excited about putting money to work in the stock market. There are other clear benefits to adopting this no-brainer strategy. For one, there's a strong chance the portfolio will beat a majority of the experts. Data shows that the performances of most actively managed funds lag the S&P 500 over long stretches of time. This doesn't prevent fund managers from charging high fees that further eat away at the returns of their investors. The Vanguard S&P 500 ETF, on the other hand, has an expense ratio of just 0.03%. That's a charge of $3 a year for every $10,000 a person has invested in the fund. That's hard to beat. Another benefit is that this is a hassle-free approach. Investors don't need fancy degrees or certifications, expert financial analysis skills, or hours of free time every week to listen to earnings calls. Putting money into the Vanguard S&P 500 ETF on a monthly basis is essentially an automatic investment allocation. It couldn't be simpler. It instantly provides investors with broad diversification into 500 of the largest U.S. companies. The ETF has exposure to all sectors, from technology and financial services businesses to energy and utilities. It's a bet on the growth of the American economy and on the premise that it will continue doing what it has always done. This seems like a smart bet to make. Buying $1,000 worth of the Vanguard S&P 500 ETF every month should put you on the path to building your wealth in the next decade and beyond. Should you invest $1,000 in Vanguard S&P 500 ETF right now? Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Vanguard S&P 500 ETF 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 $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor 's total average return is988% — a market-crushing outperformance compared to172%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 June 9, 2025
