Stocks making the biggest moves premarket: Paramount Skydance, Nvidia, C3.ai, Intel and more
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Newsweek
11 minutes ago
- Newsweek
Map Shows Tax Cuts Promised by Trump Administration Across 50 States
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Tax Foundation, a nonpartisan Washington-based think tank, has produced a map forecasting the effects of President Donald Trump's One Big Beautiful Bill Act on taxes across the United States, broken down to the county level. The White House's website reposted the map, noting that the Tax Foundation said Trump's package would "reduce federal taxes on average for individual taxpayers in every state" and create almost 1 million jobs. Newsweek contacted the Tax Foundation for comment on Saturday outside regular office hours. Why It Matters Trump signed his One Big Beautiful Bill, the centerpiece of his economic agenda, into law on July 4 after it narrowly passed both the House and Senate. The Congressional Budget Office has said the legislation will add $2.4 trillion to the U.S. national debt, a forecast that contributed to a falling out between Trump and his previous close confidant Elon Musk. The One Big Beautiful Bill included sweeping tax cuts, reduced spending on Medicaid, and additional funding for the military and border security. It also raised the U.S. debt ceiling by $5 trillion. What To Know On Wednesday, the Tax Foundation published a study forecasting the effects of the One Big Beautiful Bill on taxes paid by the average American on a county-by-county basis between 2026 and 2035. This was accompanied by a map showing the breakdown by county over this period. Two days later, the White House published a news release welcoming the study, which included a screenshot of the Tax Foundation's map taken for 2026. According to the Tax Foundation, the average tax cut per American for 2026 will be $3,752 because of Trump's spending package. This is forecast to fall to $2,505 in 2030 as some measures expire before increasing again to $3,301 in 2035. A map produced by the Tax Foundation showing the effects of President Donald Trump's One Big Beautiful Bill in 2026 on a county-by-county basis. A map produced by the Tax Foundation showing the effects of President Donald Trump's One Big Beautiful Bill in 2026 on a county-by-county basis. Tax Foundation The states forecast to see the largest tax cuts in 2926 are Wyoming ($5,375), Washington ($5,372) and Massachusetts ($5,139). By contrast, the smallest cuts are expected in West Virginia and Mississippi—at $2,503 and $2,401, respectively. In its report, the Tax Foundation described the One Big Beautiful Bill as "the most significant legislative changes to federal tax policy since the 2017 Tax Cuts and Jobs Act," which was passed in Trump's first term. The president's One Big Beautiful Bill contained a number of tax cuts, including extending corporation and income taxes he imposed in the Tax Cuts and Jobs Act. It also raises the cap on state and local tax deductions over the next five years to $40,000 for those making less than $500,000 per year, reduces tax on tips and overtime pay, and phases out some of former President Joe Biden's energy tax credits. The Tax Foundation also projected that the One Big Beautiful Bill would produce about 938,000 jobs "over the long run," including 132,000 in California and 81,000 in Texas. What People Are Saying White House deputy press secretary Anna Kelly said in the news release: "President Trump's One Big Beautiful Bill is the largest, most consequential tax cut on the middle class ever. Now, the Tax Foundation—the leading nonpartisan tax policy nonprofit—confirms that. Between lower inflation, massive investments, and historic tax cuts, all Americans are reaping the benefits of the Trump Economy—and the Golden Age has just begun." What Happens Next While supporters of Trump's One Big Beautiful Bill may be buoyed by the Tax Foundation's report, which suggests it will result in widespread tax reductions and job creation, critics are likely to continue raising concerns about its effects on the national debt and Medicaid cuts.
Yahoo
25 minutes ago
- Yahoo
Anthropic says some Claude models can now end ‘harmful or abusive' conversations
Anthropic has announced new capabilities that will allow some of its newest, largest models to end conversations in what the company describes as 'rare, extreme cases of persistently harmful or abusive user interactions.' Strikingly, Anthropic says it's doing this not to protect the human user, but rather the AI model itself. To be clear, the company isn't claiming that its Claude AI models are sentient or can be harmed by their conversations with users. In its own words, Anthropic remains 'highly uncertain about the potential moral status of Claude and other LLMs, now or in the future.' However, its announcement points to a recent program created to study what it calls 'model welfare' and says Anthropic is essentially taking a just-in-case approach, 'working to identify and implement low-cost interventions to mitigate risks to model welfare, in case such welfare is possible.' This latest change is currently limited to Claude Opus 4 and 4.1. And again, it's only supposed to happen in 'extreme edge cases,' such as 'requests from users for sexual content involving minors and attempts to solicit information that would enable large-scale violence or acts of terror.' While those types of requests could potentially create legal or publicity problems for Anthropic itself (witness recent reporting around how ChatGPT can potentially reinforce or contribute to its users' delusional thinking), the company says that in pre-deployment testing, Claude Opus 4 showed a 'strong preference against' responding to these requests and a 'pattern of apparent distress' when it did so. As for these new conversation-ending capabilities, the company says, 'In all cases, Claude is only to use its conversation-ending ability as a last resort when multiple attempts at redirection have failed and hope of a productive interaction has been exhausted, or when a user explicitly asks Claude to end a chat.' Anthropic also says Claude has been 'directed not to use this ability in cases where users might be at imminent risk of harming themselves or others.' When Claude does end a conversation, Anthropic says users will still be able to start new conversations from the same account, and to create new branches of the troublesome conversation by editing their responses. 'We're treating this feature as an ongoing experiment and will continue refining our approach,' the company says. 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
30 minutes ago
- Yahoo
This Artificial Intelligence (AI) Stock Is Dirt Cheap Compared to Its Growth
Key Points Chip stocks have been some of the biggest beneficiaries throughout the artificial intelligence (AI) revolution. While companies like Nvidia and AMD fetch the most attention, they rely heavily on the foundry services of TSMC. Despite notable valuation expansion, Taiwan Semiconductor remains dirt cheap based on one overlooked metric. 10 stocks we like better than Taiwan Semiconductor Manufacturing › One stock that has consistently outperformed the S&P 500 and Nasdaq Composite throughout the artificial intelligence (AI) revolution is the foundry and fabrication specialist Taiwan Semiconductor Manufacturing (NYSE: TSM). While its share price has posted monster gains of 174% over the last three years, there's still a good argument to be made that TSMC (as it's known for short) remains attractively valued. Let's dig into the catalysts fueling such epic growth at TSMC and then assess some lesser-understood valuation techniques that may help investors see why the stock still looks attractive at its current price point. TSMC's growth is off the charts... Before diving into TSMC's financial profile, it's worth reviewing how the company fits into the broader AI picture. Companies such as Nvidia, Advanced Micro Devices, and Broadcom have enjoyed record growth over the last few years thanks to booming demand for their GPU clusters and data center networking equipment. At the same time, hyperscalers such as Microsoft, Amazon, and Alphabet have experienced surging growth across their integrated AI ecosystems -- including applications in cloud computing infrastructure, cybersecurity, workplace productivity software, and more. While rising capital expenditures represent strong tailwinds for GPU and custom ASIC businesses, the trend is arguably even more favorable for foundry services such as TSMC. Why is that? Simply put, it actually manufactures many of the chipsets and systems equipment sold by the companies referenced above. Budget increases for chips and infrastructure represent a hidden -- and often overlooked -- tailwind for TSMC, regardless of whose chips are in demand. TSMC's mission-critical fabrication solutions provide the company with significant pricing power. These dynamics can be seen from the financial profile above, underscored by the company's steepening revenue growth trend in parallel with improving gross profit margins. ... and it appears it can sustain this growth One of the interesting aspects of TSMC's investor materials is that the company publishes revenue growth reports on a monthly basis rather than solely in a quarterly report. In the table below, I've summarized the company's monthly revenue growth throughout 2025: Category January February March April May June July Revenue growth YoY 35.9% 43.1% 46.5% 48.1% 39.6% 26.9% 25.8% Data source: TSMC Investor Relations. During the second quarter, TSMC generated $30 billion in sales thanks to continued demand for highly coveted 5nm and 3nm chip nodes. Revenue growth seems to have stalled a bit in June and July, but I do not see this as a long-term trend. Keep in mind that new GPU architectures such as Nvidia's Blackwell and AMD's MI350 and MI400 series are still in early stages of rollout and development. As infrastructure spending continues to accelerate across the AI landscape, TSMC is in position to benefit from such robust secular themes. Why I think TSMC stock is dirt cheap Common valuation methodologies often include ratios such as price-to-sales (P/S) or price-to-earnings (P/E). These metrics can be helpful when benchmarking a company against a set of peers, but they can be misleading when these ratios begin to expand meaningfully. For example, if you take a look at the chart below, you'll notice that TSMC's P/S and P/E multiples have risen throughout the AI revolution. Such a degree of valuation expansion might lead investors to believe that the stock is overbought and has become pricey. While such logic has merit, it does not always apply. A more nuanced way to value the chipmaker is by using its price/earnings-to-growth ratio (PEG), a metric popularized by legendary fund manager Peter Lynch. Essentially, it accounts for the P/E ratio as well as the earnings growth over a period of time. A good rule of thumb is that a PEG ratio below 1.0 signals that the stock is undervalued. Per the chart above, the stock has a PEG ratio based on next year's earnings of 0.6. I think the PEG ratio compression illustrated above can be attributed to a few factors. Wall Street's bullish view calls for the anticipation of accelerating earnings from TSMC supported by ongoing AI infrastructure spend. However, increased earnings revisions are likely outpacing appreciation in Taiwan Semi stock -- basically normalizing the company's PEG ratio without a sell-off as the primary driver. In addition, I think the market might be underpricing TSMC due to broader macro uncertainty surrounding geopolitical tensions with China or general cyclicality of the chip market. The combination of PEG ratio compression and a robust financial outlook could make the stock a textbook candidate for investors seeking growth at a reasonable price. To me, the stock is dirt cheap at its current price point relative to its growth. Investors with a long-term time horizon may want to take advantage of this rare opportunity to own a chip stock positioned to ride and dominate the AI infrastructure wave. While many semiconductor and AI stocks continue to trade at a premium, TSMC appears to be an undervalued opportunity anchored amid a sea of frothy valuations. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Taiwan Semiconductor Manufacturing 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 $663,630!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,115,695!* Now, it's worth noting Stock Advisor's total average return is 1,071% — a market-crushing outperformance compared to 185% 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 August 13, 2025 Adam Spatacco has positions in Alphabet, Amazon, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. This Artificial Intelligence (AI) Stock Is Dirt Cheap Compared to Its Growth was originally published by The Motley Fool
