Dan Ives on what's inside his AI revolution ETF

Dan Ives, Wedbush Securities, joins CNBC's Dom Chu on 'Halftime Report' to discuss his new AI revolution ETF, the top holdings and how it stands out from the competition.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

2 hours ago

• Yahoo

'The Big Short' Investor Steve Eisman Says Iran Crisis Could Be 'Extremely Positive' For Markets, Calls Regime A 'Death Cult' Close To Nuclear Weapons

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investor Steve Eisman has a surprising take on the escalating tensions in the Middle East, one that cuts from conventional wisdom during periods of geopolitical conflicts. What Happened: On Wednesday, Eisman said the crisis in Iran may actually turn out to be 'extremely positive' for global markets and geopolitical stability during his appearance on CNBC's 'Squawk Box.' The investor, best known for shorting collateralized debt obligations in the lead up to the 2008 financial crisis, which inspired the character played by Steve Carell in the 2015 movie 'The Big Short,' describes Iran as a 'death cult,' which is now 'very close to getting a nuclear weapon.' Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Eisman argues that if Iran succeeds in its nuclear quest, it will trigger a regional arms race, with neighbors like Turkey and Saudi Arabia seeking their own deterrents. 'That would have been a disaster,' he says, adding that getting rid of such a death cult anywhere in the world, 'is a very positive thing.' He also states that the markets hadn't priced in this risk, but he believes the situation now offers potential upside, referring to the removal of a long-term geopolitical destabilizer that could benefit both the markets and global security. Why It Matters: Stocks have been relatively unfazed since the beginning of this conflict, with limited impact on the benchmarks thus far. Economists, too, have recently stated that the impact on the U.S. economy from this conflict is fairly limited. David Seif, Chief Economist for developed markets at Nomura, said, 'recession risks are higher, but only by a tiny bit.' The Chief Economist at Santander U.S. Capital Markets, Stephen Stanley, shared similar sentiments, that 'the fallout to the U.S. is pretty limited.' There are, however, several beneficiaries of this conflict, which primarily include defense companies that have been rallying over the past Month-To-Date (%) Year-To-Date (%) Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) 20.01 59.82 Optex Systems Holdings Inc. (NASDAQ:OPXS) 21.37 50.87 BWX Technologies Inc. (NYSE:BWXT) 27.77 26.06 RTX Corp. (NYSE:RTX) 6.32 25.74 Defense stocks have been rallying over the past month, amid intensifying tensions in the Middle East, and growing speculations regarding American involvement. Higher energy prices, however, can weigh on the economy, with Warren Patterson, head of commodity strategy at ING, saying that 'Iran is a meaningful oil producer, pumping 3.3 million barrels per day and exporting around 1.7 million,' and any disruption in this, he says, can push prices to $120 per Next: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image Via Shutterstock This article 'The Big Short' Investor Steve Eisman Says Iran Crisis Could Be 'Extremely Positive' For Markets, Calls Regime A 'Death Cult' Close To Nuclear Weapons originally appeared on

Yahoo

3 hours ago

• Yahoo

Nvidia vs Microsoft Stock: Which Will Reach $4 Trillion First?

Nvidia and Microsoft both benefit from the increasing spending and excitement around artificial intelligence. Nvidia maintains strong revenue growth for its data center chips. Microsoft's cloud computing revenue is accelerating while its enterprise software benefits from new AI features. 10 stocks we like better than Nvidia › At the end of 2024, tech analyst Dan Ives predicted Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL) would all reach a $4 trillion valuation in 2025. He expected Apple to hit the mark first, followed by Nvidia, and then Microsoft. But I think he got the order reversed: Microsoft will reach a $4 trillion valuation first. Both Nvidia and Microsoft currently have market caps around $3.5 trillion, while Apple has seen its stock fall to about $3 trillion in market cap. The leading tech giants have received a clear boost from artificial intelligence (AI) spending, but Apple has struggled to make headway in advanced AI capabilities. As a result, it looks like either Nvidia or Microsoft will reach the $4 trillion valuation threshold first. And despite strong operating results from Nvidia, Microsoft looks to have the edge. Nvidia's strong results over the last few years were driven by unprecedented growth in its data center business. For the first quarter, data center revenue climbed 73% year over year. The hyperscale customers like Microsoft are buying Nvidia's GPUs as fast as it can produce them. In fact, management says it remains supply-constrained, so revenue growth should stay robust throughout the rest of the year. However, the company is heavily reliant on a handful of customers, including Microsoft. If those customers pull back on AI spending or shift to different chip suppliers, it could see a significant slowdown in revenue growth. It faces plenty of challenges from other GPU makers and custom silicon solutions designed in partnership with the hyperscalers themselves. Several of them are working to build chips for both training and inference that offer better price performance than Nvidia's all-in-one solution. So, while the GPU maker should continue to grow its top line extremely quickly, it comes with some significant risks that investors shouldn't ignore. The stock currently trades around 34 times earnings. That's not a completely unreasonable price to pay for a stock growing as fast as Nvidia is, and with such a dominant position in AI, but it does leave a lot of downside if it faces any setbacks in its operations. Microsoft has seen strong results for its Azure cloud computing platform over the last few years, thanks, in part, to its partnership with OpenAI. The company invested an additional $10 billion in the generative AI leader at the start of 2023, boosting its cloud platform as well as its own enterprise software's AI capabilities. The relationship between the two companies has become strained as Microsoft develops its own AI models, but it still looks to have cemented its position in the cloud. To that end, the company is investing heavily to build out its data center capacity. It expects to finish out its fiscal year with $80 billion in capital expenditures, mostly related to building out AI data centers. Management continued to tell investors it's supply-constrained during its third-quarter earnings call. Azure revenue growth is accelerating, up 33% in the most recent quarter. That's faster than its competitors, and a large portion of that is driven by demand for AI training and inference. As a result, Microsoft should see continued strong revenue growth for Azure, driving the entire business's performance. The rest of the company benefits from AI as well. Its Microsoft 365 service integrates its Copilot software, and has increased both commercial and consumer customers at a double-digit rate. The company's Copilot Studio makes it easy for enterprises to integrate their own data into an AI system to build their own specialized AI agents, further locking them into its enterprise software ecosystem and paving the way for growth. Microsoft stock is priced on par with Nvidia's shares right now. But the former company's diversified business with both enterprise software and cloud computing stands on very solid footing, with those two areas showing strong growth and improving profitability. That makes it more attractive as a stock and more likely to reach the $4 trillion mark first. 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 $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Adam Levy has positions in Apple and Microsoft. The Motley Fool has positions in and recommends Apple, Microsoft, and Nvidia. The Motley Fool 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. Nvidia vs Microsoft Stock: Which Will Reach $4 Trillion First? was originally published by The Motley Fool 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

CNBC

7 hours ago

• CNBC

The lookahead: What next after U.S. strikes on Iran and Europe's 5% defense problem

After a week of global market jitters, the reaction to U.S. strikes on Iranian nuclear facilities will be front and center over the coming days. Meanwhile, a trio of heavyweight events could also shape the economic and geopolitical mood. From NATO tensions in The Hague to trade talks in Tianjin and industrial optimism in Berlin — investors will be watching closely. Addressing the nation on Saturday evening, U.S. President Donald Trump said strikes on three of Iran's nuclear sites were a "spectacular military success" that "completely obliterated" the country's major enrichment facilities. The strikes, which mark the first time the U.S. has conducted a direct military attack on Iran, mark a dramatic escalation in geopolitical tensions. Trump's claim about the result of the operation could not be independently confirmed. Iran Foreign Minister Abbas Araghchi slammed the U.S. strikes, describing them as "outrageous" and saying the country "reserves all options to defend its sovereignty, interest, and people." Global investors will be scrambling to assess the fallout. NATO meetings with Trump in attendance have a history of being dramatic. Back in 2017, the White House leader consistently questioned America's commitment to the alliance, and accused other members of owing "massive amounts of money" to the overall share of defense spending. Fast forward to 2025 and the next NATO Leaders Summit with Trump is set to take place in The Hague, the Netherlands on Wednesday. Some problems are familiar – while defense spending has increased dramatically across Europe, countries like Spain risk derailing talks by calling the 5% of GDP target "unreasonable." In addition, the war in Ukraine rages on. Meanwhile other problems are new – hostilities are rising between Israel and Iran, alongside other neighbors in the Middle East, are testing international relations to the limit. U.S. Ambassador to NATO Matthew Whittaker, told CNBC's "Squawk Box Europe" that the region should not expect a free ride from the U.S. on defense spending, as "the 5% target is not a negotiating tactic." On the other side of the world, the Chinese city of Tianjin plays host to the World Economic Forum's Meeting of New Champions running from Tuesday to Thursday, also known as the Summer Davos. Technology dominates the agenda at a tricky time for relations between China and the West, as trade negotiations with the U.S. are still on-going. Trump may have bought more time for TikTok, extending the deadline for China's ByteDance to divest the social media platform's U.S. business to September, but the latest round of trade talks in London led to a vague stand-off between the two superpowers, with no official readout. Speaking to CNBC right after those negotiations, U.S .Commerce Secretary Howard Lutnick was asked if current tariffs on China would not shift again, to which he replied, "you can definitely say that." But this may do little to ease the conversations between Chinese officials and corporates in Tianjin, and the international delegates in attendance, who will be looking for more certainty from both the White House and Beijing. Closer to home, it's the Day of Industry conference in Germany on Monday and Tuesday. This annual meeting in Berlin highlights German economic policy and global trade strategies. It could be a good time for the new government to be touting Europe's so-called Engine of Growth, with four economic institutes raising their 2025 and 2026 GDP growth forecasts for Europe's largest economy. During a recent trip to Washington DC, Chancellor Friedrich Merz dodged the ire that other world leaders have faced in the Oval Office, with Trump's focus mostly dominated by his public spat with Elon Musk. But it's not all clear roads ahead for Germany, as the country's auto industry body reports that domestic auto-makers have shouldered around 500 million euros ($576.1 million) in costs associated with Trump's import tariffs.