Latest news with #FuturumGroup
Bloomberg
6 days ago
- Business
- Bloomberg
Bloomberg Daybreak Asia: Nvidia Earnings Beat
Nvidia Corp. Chief Executive Officer Jensen Huang soothed investor fears about a China slowdown by delivering a solid sales forecast, saying that the AI computing market is still poised for 'exponential growth.' The company expects revenue of about $45 billion in the second fiscal quarter, which runs through July. New export restrictions will cost Nvidia about $8 billion in Chinese revenue during the period, but the forecast still met analysts' estimates. We got reaction from Daniel Newman, CEO of the Futurum Group. Plus - The equity market drifted lower prior to Nvidia's results. We speak to Tim Pagliara, Chairman and Chief Investment Officer, CapWealth.
Yahoo
01-05-2025
- Business
- Yahoo
AI boom: Is it a bubble or the new tech frontier?
Listen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. In this episode of Stocks in Translation, Futurum Group CEO Daniel Newman joins Markets and Data Editor Jared Blikre and Yahoo Finance Producer Sydnee Fried to discuss market trends. What is a bubble versus what will be around for the long haul? Newman takes a critical look at the growth of AI, its market impact, and what to anticipate in the future. Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers and hyperbole to give you the information you need to make the right trade for your portfolio. You can find more episodes here, or watch on your favorite streaming service. This post was written by Lauren Pokedoff
Yahoo
04-04-2025
- Business
- Yahoo
Tariff-fueled downturn shouldn't impact Big Tech's AI spending
The tech-heavy Nasdaq Composite (^IXIC) is set to enter a bear market. Futurum Group CEO Daniel Newman joins Catalysts with Madison Mills and Lumida Wealth Management CEO Ram Ahluwalia to discuss what President Donald Trump's new tariffs mean for tech CEOs and their artificial intelligence (AI) spending. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
DeepSeek AI fears crush tech, Tesla earnings preview: Morning Brief
Stock futures are undergoing a market sell-off this morning as Big Tech and major chipmakers react to the competitive threat DeepSeek's new AI model poses. Morning Brief hosts Seana Smith and Brad Smith tackle all this and more as they cover this morning's top stories before the opening bell and beyond. Futurum Group CEO Dan Newman and Bernstein managing director and senior analyst Stacy Rasgon join the Morning Brief team for a discussion about what this all means for Big Tech's AI investments and whether fears around DeepSeek are "overblown" or not. Principal Asset Management chief global strategist Seema Shah make sense of all this market noise and figures out what the DeepSeek-fueled sell-off may signal for Big Tech earnings narratives. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Other top trending stocks on the Yahoo Finance platform include SoFi Technologies (SOFI), Tesla (TSLA), and AT&T (T). This post was written by Luke Carberry Mogan. Sign in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
Market 'panic' over DeepSeek AI may be 'overblown'
Chinese artificial intelligence (AI) startup DeepSeek has emerged as a potential challenger to Silicon Valley's dominant AI companies, claiming to offer a more affordable alternative to popular chatbots. This announcement triggered a notable sell-off among major tech stocks. Futurum Group CEO Dan Newman and Bernstein managing director and senior analyst Stacy Rasgon share their insights on Morning Brief. Rasgon feels minimally concerned about the situation. He notes, "The models they've built are fantastic, they really are ... but what they're doing is not miraculous either or unknown to any of the other top-tier AI researchers or AI labs that are out there." While recognizing the market's "panic," Rasgon characterizes the stock decline as "overblown," stating, "I don't think DeepSeek is doomsday for AI infrastructure." Newman echoes Rasgon's skepticism, raising questions about the announcement's credibility. "When did we decide that we're going to just believe a paper that comes out of China?" he says. Newman suggests the claims require verification, noting that "it's not unlike China to potentially try and play a little bit of psyops with Americans and the markets to see how we would react." However, Newman also acknowledges that if DeepSeek's claims are "accurate," affordable AI models could benefit the entire sector. "I just think the market's completely missing this one, and the fact that we're believing China just with their word, to me, I think that needs a little more inspection," he adds. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith
