Latest news with #DaveMazza
Mint
8 hours ago
- Business
- Mint
Eye for AI: Stocks recover as tech giants spend big on AI infrastructure — what lies ahead?
Shares of companies that provide infrastructure for artificial intelligence (AI) development bounced back from a tumble earlier this year, as spending by Big Tech restores investor confidence in the tumultuous sector, reported Bloomberg. Goldman Sachs Group tracked two baskets — one tracking AI data centres and electrical equipment stocks, which rose 52 per cent, and another that follows shares of companies that supply power for data centres, which also rose 39 per cent. Both went up from their April lows. Individual standouts in these baskets include Vertiv Holdings Co, which has notched a 94 per cent gain since April 4, as well as Constellation Energy Corp, which went up 75 per cent in that same period. The world's largest technology companies, including Amazon, Alphabet, Microsoft and Meta are continuing to spend big on artificial intelligence, mitigating doubts over whether money will continue flowing to the firms that are essential to AI infrastructure, said Bloomberg. Forecasts for capital expenditures to support AI demand are up by 16 per cent since the beginning of the year, according to Bloomberg Intelligence's Robert Schiffman. 'Earnings season reminded investors that generative-AI doesn't run on buzzwords — it runs on concrete, copper and gigawatts,' CEO of Roundhill Financial Dave Mazza told Bloomberg. Shares of AI infrastructure companies are witnessing an uptick over the business potential of artificial intelligence which sparked a spending spree on data centres to fund the development of AI programs like OpenAI's ChatGPT and Anthropic's Claude, reported Bloomberg. A strong start in 2025 unravelled as worries over competition from China's DeepSeek startup and broader uncertainty over global trade led investors to be wary of the billions of dollars of investment made during the period. Concerns that tech giants such as Microsoft were walking away from data centre projects further pushed the selloff. Investor sentiment improved when President Donald Trump announced the pause of most of the tariffs he had rolled out in early April, which fuelled a rally that pushed the S&P 500 Index near an all-time high hit in February, as per Bloomberg data. Another reason is the latest earnings season which helped investors gain confidence in the sector, as big tech companies indicated they were continuing to lay money out on AI development. Among these was Meta, which signalled that the hundreds of billions in AI spending it had flagged earlier in the year was still on track, said Bloomberg. Recent corporate deals also suggest that spending on AI infrastructure remains intact. Amazon plans to invest $10 billion in North Carolina to expand its data centre infrastructure to support AI and cloud computing technologies, reported Bloomberg. Deputy chief investment officer at Franklin Templeton Investment Solutions, Max Gokhman told Bloomberg that investor confidence in AI could take another hit if the trade war once again heats up and sparks concerns that a downturn in global economic growth will see companies cut on AI spending. 'If the economy falls into a recession, margins will be under pressure, companies will be forced to lay off workers and cut spending on AI,' Gokhman told Bloomberg.
Yahoo
28-05-2025
- Business
- Yahoo
Nvidia earnings: What to watch for on Blackwell
Nvidia (NVDA) releases its first quarter results after the market close on Wednesday. One of the big things investors will be watching for is what company leadership says about its Blackwell lineup. Roundhill Investments CEO Dave Mazza shares what he will be looking for in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. But what are you looking for for the Blackwell update in terms of either supply chain constraints or performance? What what should we be thinking about for Blackwell? Yeah, well, Blackwell's kind of become the end all be all now for the Nvidia story going forward. Um, we know, you know, the rumors are it sold out through year end. There was some issues, of course, a few quarters ago with what is the actual supply going to be like um to meet some of the demand. Um, I think we're starting to see that. Um, so I I would expect to see that we're going to have a moderation in the sort of supply and demand sort of dynamics there, meaning um we're going to start being able to see more supply come to market to help with that. But at the same time, I think we're going to hear um and they've become very, very good at this really in their uh in their earnings season is not just to talk talk what's happening on the shipment side, but begin to kind of tease out what's coming next. Um, and and I'm I generally I'm kind of positive for the stock and the story there because I do think again as circle back to the China kind of conversation. Um, I think they're going to find a way to make up for that lost revenue pretty pretty soon. It's going to be a transition period, um but they're kind of finding it with just again, not just the hyperscalers themselves, but what we're seeing with uh whether it's in Taiwan, uh or UAE, what have you. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Nvidia earnings: What to watch for on Blackwell
Nvidia (NVDA) releases its first quarter results after the market close on Wednesday. One of the big things investors will be watching for is what company leadership says about its Blackwell lineup. Roundhill Investments CEO Dave Mazza shares what he will be looking for in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Nvidia earnings: What to watch for on Blackwell
Nvidia (NVDA) releases its first quarter results after the market close on Wednesday. One of the big things investors will be watching for is what company leadership says about its Blackwell lineup. Roundhill Investments CEO Dave Mazza shares what he will be looking for in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. 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
23-04-2025
- Automotive
- Yahoo
Trump to exempt automakers from certain tariffs: FT
The Financial Times is reporting that President Trump is planning to exempt US automakers from tariffs on auto parts from China. Asking for a Trend Host Julie Hyman and Roundhill Investments CEO Dave Mazza discuss the report. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. We got some breaking news. Now, we're following around tariffs. There is a report that President Donald Trump plans to exempt car makers from some US tariffs. That's according to the Financial Times. It would, of course, represent a turnaround that would exempt car parts from the tariffs Trump is imposing, specifically from China. They would leave in place a 25% tariff that Trump imposed on all imports of foreign-made cars and a separate 25% levy on parts would also remain, and it's due into a take into effect from May 3rd. Are you confused yet? I am. Um, Dave Mazza of Round Hill Investments is still with us here. Um, so, okay, so just to reiterate here, basically this would exempt parts from China specifically, but not necessarily from other places. The 10% tariff would remain in effect and also the 25% tariff on all imports of foreign-made cars and the 25% tariff on parts that's supposed to take into effect May 3rd. But there's an exemption from the steel and aluminum tariffs. In other words, it's not the worst case scenario for car parts, but it is still for other parts of the supply chain. I think, if I'm understanding this... Yeah. I think I'm gonna need a cliff notes on this one, but any exemption, sort of any pullback is gonna be viewed positively. I think one of the reasons why we're seeing a pop right in in names like GM and Ford, uh, is because of this. Now, the extent of that exemption as you, uh, sort of were outlining may not be particularly broad, um, but it's something, and I think investors in this market are looking for something to hang their hat on, and we got it today for at least, for now, on some of the auto parts. Yeah. And we're going to start to hear from the automakers reporting their earnings too. We probably are going to get some details on this. I go back to what we heard our DC reporter Jennifer Schonberger talking about at the top of the show when she asked, or when Scott Beson was asked, who is the president listening to? He brought up the CEOs that have been visiting Washington, and I think that's really telling here as we start to get headlines like this. Yeah. I think, you know, you know, we know the president likes to come out sort of with a big voice and sort of this big bang, and now we're kind of starting to hear from CEOs about the reality of the situations that they face, um, with the uncertainty and with the tariffs particularly on goods that are coming into the country and sort of this what is effectively become an embargo. And I think it's a positive that now we're starting to see rollbacks in certain places. Time will tell the extent of them or what happens with that. Um, but again, generally, sort of any positive news is gonna be viewed positively. Or, I would say any less bad news. Well said. Because it's not like it's fantastic. It's less the worst case scenario. Exactly.
