Latest news with #DanHowley
Yahoo
2 days ago
- Business
- Yahoo
Nvidia eyes $4T valuation: 4 catalysts moving the stock forward
Nvidia (NVDA) stock is on the move again, trading at record highs as the company nears a $4 trillion market cap. Yahoo Finance Technology Editor Dan Howley joins Market Catalysts to explain what's driving the rally, from soaring demand for GPUs to sovereign artificial intelligence (AI) investments and Nvidia's growing footprint in robotics. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Trading at record highs, Nvidia's market cap is nearing $4 trillion overtaking Microsoft. And Dan Ives, Wedbush Securities Managing Director and Global Head of Technology Research predicts, it won't stop there. And I think investors are starting to recognize. We haven't even seen the biggest growth driver yet of AI. Not just on enterprise and the use cases but on the consumer side and ultimately, autonomous and robotics. And I just this is in my view, it's not just 4 trillion. I mean we're going to be looking at a $5 trillion dollar market cap in Nvidia. And here with more on the catalyst continuing to push Nvidia stock higher, we've got Yahoo Finance tech editor, Dan Howley. Dan, what do we know? Yeah, Brad, there's a number of things going on here. First, I want to shout out Dan Ives for that New York Mets pillow in the background. But there's a number of things going on around Nvidia that are really helping to power the stock. And let's just start off with the the big one and that's the continued investment from hyperscalers in their data center. So we've heard more about things like the Project Stargate from OpenAI as well as Oracle. Nvidia is a big part of that. You know, Microsoft continues to purchase these these GPUs, Google, Amazon, Meta, XAI, they're all gearing up and buying these and continuing to do so. And that's despite the fact that we were talking earlier in the year about the tariffs potentially having an impact on the build out. Maybe they will, maybe they won't change their path, but they seem to just be continuing to move forward and spending. One of the other things that's worth pointing out is Sovereign AI. That's something that Project Stargate in Saudi Arabia is part of when you look at how Nvidia was received at GTC Paris, a lot of talk about Sovereign AI and getting Europe's AI up to a caliber similar to what you can see around the US and China. So a lot of countries are leaning further into the idea of having their own Sovereign AI, not necessarily relying on the AI capabilities of other countries. There's also the broader push towards powering inferencing. At first when the the big kind of generative AI boom kicked off with chat GPT, it was all about training. And that's basically teaching these models what to do, what they they'll predict next, how to write, you know, based on millions of books, generate images, things along those lines. Now it's about inferencing. It's about taking those models and putting them to work. And so the original thinking was, well, the the the the training uses a lot of power. You need heavy duty GPUs for that, not inferencing. The opposite's proven to be true where you need those heavy duty GPUs to continue to power the inferencing because it provides a better answer and better response from those those bots. And then the last thing is Nvidia's continued belief in physical AI. Now, that means basically robots and that includes self-driving cars. And so they have a large footprint there in the self-driving car space, but then also Jensen has been pushing this idea of actual robots working side by side with people in factories at first and then down the line in the future maybe having them in your home. That's not going to come for for quite a while, but Nvidia is well positioned here because A, they have a small computer that they can use that powers some of these robots. I've seen a number of them in person. The other is that they have the capability to train them up. So using a virtual world where they teach the robot how to kind of get around and then implement that into the actual robot in the real world. So going from virtual to real and then sorting out the bugs from there. So there's a lot of positives around Nvidia. Obviously, since it's such a big name stock, there will continue to be ups and downs, but this is why it seems to be on that upward trajectory generally. And so that upward trajectory, a lot of the analysts that are covering the name believe that it could be the first company and be on the you know, it's in the poll position essentially to get to $4 trillion dollars. We've even heard upside of $6 trillion dollars from some of the most bullish calls out there on Wall Street. What do you think the broader kind of analyst consensus is really settling around right now, Dan? I think it's really the fact that look, Nvidia is still the go-to for these kind of capabilities, right? They're the ones that build these GPUs, are the ones that offer the software that are being used most often. And yes, there are competitors. AMD is continuing to develop and kind of work to catch its stride alongside Nvidia. We have Nvidia's own customers, Microsoft, Amazon, Google, working on and deploying, already using their own AI chips. The thing is while they may use their AI chips, their customers, their cloud customers, still want access to Nvidia's GPUs. And so they have to offer Nvidia GPUs to ensure that their customers are getting what they want and continue to return. So I think that's where a lot of that kind of, you know, exuberance around Nvidia comes from is they are still the chip leader despite the fact that there are continuing threats and growing threats from not just their ordinary competitors, but the people that they actually sell directly to. And by the way, just quickly, Nvidia's also doing the flip side of that. You know, cloud providers allow you to get access to Nvidia's GPUs. Nvidia's also working with companies to provide cloud access to its hardware as well. So it's kind of like a, you know, look, we're we're business partners or pals, but at the end of the day, we're working out for ourselves. Yeah. All right. Well, we're going to be watching closely to see within these trade deals, especially US and China, where the IP potentially does continue to be something that Nvidia has to think about. That has certainly been one of the hangups here we do know. Dan, thanks so much for breaking this down.
Yahoo
5 days ago
- Business
- Yahoo
The biggest AI players for investors to keep an eye on
Artificial intelligence (AI) is reshaping Wall Street as major players vie for dominance. Yahoo Finance Technology Editor Dan Howley joins Asking for a Trend to explain how OpenAI ( Microsoft (MSFT), Alphabet (GOOG, GOOGL), Meta (META), Elon Musk's xAI ( and more are competing to lead the next wave of generative AI. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Hello and welcome to Ask Your For a Trend. I'm Josh Lipton and for the next half hour, we are breaking down the trends of today that will move stocks tomorrow. There's a lot to keep track of, so we're focusing on what you need to know to get ahead of the curve. AI is still alive and well on Wall Street, but the landscape keeps changing as various players enter the AI arena. For more on what you need to know about the biggest names in the game, let's get to Yahoo Finance's Tech editor, and that would be Dan Howley. Dan. That's right, Josh. We're just going to break down some of the, the bigger names. So to start things off, obviously the 800 pound gorilla, that's OpenAI, and we're going to put Microsoft in there together with them since they have teamed up. Obviously, it's been a very lucrative relationship between the two. Uh, OpenAI has ChatGPT kind of kicked off the entire generative AI explosion. Uh, Microsoft has been using that technology in its co-pilot and and its Azure platform. But more recently, the two were at loggerheads. They can't come to an agreement over how OpenAI should restructure its own business. And so that is leading to some reports that Microsoft may be, you know, trying to work on its own generative AI offerings while OpenAI may be trying to work on its own productivity suites. But after OpenAI and Microsoft, there's obviously Google. Uh, we have their Gemini service. It's similar to what you would get out of ChatGPT. Uh, they offer document creation. Uh, you can upload files, you can create images, things along those lines, but it also has the power of Google behind it. You might have probably used Gemini if you've used basically any Google product at this point because it's across the entire company's ecosystem, whether that's through YouTube, mail, docs, even your regular Google search, when you see AI overviews, that's powered by Gemini. Then after that, we have obviously Meta. Uh, Mark Zuckerberg is trying to recadjigger the company once again after the metaverse fiasco that didn't really go anywhere except for give us some weird looking legless avatars. Uh, now he's going all in on AI, and they seem to be doing relatively well here. Uh, they obviously have Meta AI. It's available through Facebook, Instagram, and WhatsApp. The problem though is their most recent model called Lama for Behemoth seems to be delayed, and there's no end in sight for when that delay will end. And so now, Meta is going out and scooping up talent from other AI companies, whether that's the CEO of Scale AI, Alexander Wang. Uh, we also had Nat Friedman, the former GitHub CEO, uh and Safe Super Intelligence, their CEO, Daniel Gross. They've all been packed up. Uh, Sam Altman at OpenAI said Meta is trying to offer some of his employees hundred million dollars to sign on. So I said that on a podcast with his brother, so we can't really know if that's for certain. Uh, after that, obviously, there's some others. There's XAI. That's from Elon Musk. He offers Grock through that. That is their chatbot. You can get it through X. Uh, you can use it on the website or through an app. Big thing about Grock is it's able to pull data not only from the web, but also from X, so it can get live data through there. Then we have others, we have Perplexity. That is basically a search engine built with generative AI in mind. Probably the best example of a competitor to what Google has to offer. Uh, it also has a lot of sourcing available, so it'll show you the sources of each, from each of those results that you search for. Obviously, you can also generate images if you want to do that, things along those lines. Uh, and then finally, we have Anthropic. That's gotten a lot of funding through Google and Amazon. It's available through a number of services, and they as well offer a kind of web browser experience where you can search, you can create different documents and things along those lines. But really, those are the major players that you have to be watching out for. There's a few others. Uh, obviously, we have Thinking Machines from OpenAI alumni. We also have a few others like Mistral out of France. Uh, but these seven here are really the biggest players at the moment. All right. Thank you, Dan.
Yahoo
20-06-2025
- Business
- Yahoo
Meta and Oakley partner on new AI glasses: What to know
Meta (META) and Oakley have teamed up to create new performance artificial intelligence (AI) glasses. Yahoo Finance Tech Editor Dan Howley breaks down the details. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
Yahoo
20-06-2025
- Business
- Yahoo
Microsoft's reported job cuts & OpenAI beef: What to know
Microsoft (MSFT) is reportedly planning to cut thousands of jobs, according to Bloomberg. Yahoo Finance Tech Editor Dan Howley outlines the latest, including how the tech giant's hefty artificial intelligence (AI) spending, notably its multibillion-dollar partnership with OpenAI ( could intensify the need to cut costs. This comes amid reported turmoil between Microsoft and OpenAI. The Wall Street Journal reports that the ChatGPT maker has considered pushing for an antitrust case against its partner, while the Financial Times reports that Microsoft is ready to walk away from the deal. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Microsoft is reportedly planning to cut thousands of jobs as part of the company's latest move to trim its workforce. Yahoo Finance's Dan Howley here with more on the story. So what are these cuts all about? And they come on the heels of cuts that the company's already been doing, right? Yeah, thousands of jobs, uh this is according to a Bloomberg report, are kind of up in the air at this point. Microsoft could start to announce the layoffs at the end of its fiscal year, which is coming up. Uh and yet, this comes after they left uh laid off thousands of workers uh earlier in in May. So it it's kind of a a recurring thing for Microsoft at this point where they continue to lay off uh workers every few months. They they say that it's part of uh their kind of right sizing, I guess, is the corporate parlance, uh or, you know, a means of making sure that they can be as dynamic as possible. Uh it it really, I think, comes down to making sure that uh they have uh the people that they want in the right places at the biggest positions of the company, which are at this point, AI and cloud. Uh and so, you know, don't forget they're also spending billions of dollars on their infrastructure build out on the cloud. So I think that's where a lot of uh of this is coming from. But you know, Microsoft isn't the only company that has gone through this where they've laid off workers, uh as a result of, as they see inefficiencies, or things along those lines. Uh Google had big layoffs. Meta had big layoffs. Uh and so, you know, it it seems to be uh this this kind of continuation of those layoffs going forward. Dan, while you're here, I want your take on another tech headline. What did you make of Sam Altman saying Meta was offering open AI staff I read this twice because I thought I misread this was $100 million bonuses. Look man, I'd lie. I would lie and be like, "Yeah, I work there. I I know I know Sam." Uh yeah, I mean, this is basically just, you know, their way of trying to catch up, right? Uh they're disappointed with the way that La 4 hasn't really lived up to their own expectations. They've had to push that back, that release back. Uh they have Scale AI now. Or they're you know, they they've put in was it $14.3 billion to get Scale AI. Uh this is a race to see who can get the most talent, the best talent, and beat the the kind of behemoth that is OpenAI still at this point, right? Now, that's not to say that, you know, other companies aren't aren't doing the same thing, or, you know, trying to poach people. $100 million is pretty rich. Um but you know, uh I do Well and and I don't know that we need to take him literally about one hundred He was saying this in a podcast, right? Even if it's a million dollars, even if it's $5 million, like the point is I'd still take it. The point is, is that the war for AI talent has become and and the irony of course, is that AI's going to replace a lot of jobs, but at the same time that it's creating this huge war for talent. I mean, then on the flip side you got the FT now reporting that Microsoft is talking about halting talks with OpenAI, if they can't come together on issues. Now maybe they're just putting out there that out there in order to put pressure on OpenAI. But again, it speaks to this sort of competitive competitiveness around all of these issues, right? Yeah. And and look, this this report comes out after a prior Wall Street Journal report saying that Microsoft, or OpenAI was willing to uh go the antitrust route, and make an antitrust complaint about Microsoft. So this is a back and forth, uh no love lost between uh the two at the moment. We reached out to Microsoft and OpenAI and we got a statement for Microsoft saying, you know, basically everything's hunky-dory there. You know, they're working together, uh you know, and they they like their relationship. Um but this this idea that Microsoft would be prepared to walk away, I mean, that's just the the the the talks right now, not away from OpenAI. Uh if they do walk away and they can't agree on anything with OpenAI as far as uh the restructuring goes, then OpenAI could lose out on $20 billion in funding from SoftBank. That's a big hit. Um and so, you know, this is kind of a a tightrope that both companies are walking at this point. Yeah. Right. Dan Howley, thank you, sir. Appreciate it. Hundred million dollar man.
Yahoo
20-06-2025
- Business
- Yahoo
Trump Mobile: Can the smartphone actually be made in the US?
The Trump Organization is entering the smartphone market with "Trump Mobile": a new US-made phone and plan. However, there is uncertainty about whether the phone can actually be manufactured in the US. Yahoo Finance Technology Editor Dan Howley joins Asking for a Trend with Josh Lipton to break down the details. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. President Trump's family's launching a smartphone alongside its own mobile service dubbed Trump Mobile. However, will it follow in Trump's made in America agenda? Yahoo Finance's tech editor Dan Howley joins us now with more. Dan. Yeah, Josh, this is, uh, something that, uh, the Trump family went out and announced yesterday, basically showing off, uh, the idea of this Trump mobile phone plan. Uh, it's basically a virtual mobile network. It's going to ride on what they say is the three major carriers in the US. It includes Verizon, AT&T and T-Mobile. I've reached out to them. I haven't heard back, uh, yet from any of the carriers on that. Uh, they also announced a new phone that they're calling the T1 phone. This phone, uh, is going to be available for 499, a down payment of $100. They say it'll be available, uh, in September. The big to-do though about this is that it's supposedly made in America. And that would be a big deal because we just don't have very many phone companies that manufacture in America. Uh, in fact, one that I spoke to, uh, is, uh, from Purism. It's the Liberty phone. Uh, it's a specialized phone that's all about security and keeping, uh, separate from big tech, uh, organizations. But that phone sells for $199, uh, sorry, $1,999. Uh, this phone, $4.99, sounds like a great deal. However, a number of experts that I've spoken to have kind of thrown cold water on the idea that it will actually be made in America. In fact, some have pointed out that the phone is eerily similar, uh, to another phone company, uh, their device, the Wingtech Rebel 7, uh, has similar cameras. That phone is a Chinese-made phone. Uh, T-Mobile also sells a version of that called the Rebel 7 under its Metro brand. Uh, that device has a Qualcomm processor. That processor is made in China, so it would take away from that whole made in America thing. Then Eric Trump had actually said during an interview with a conservative YouTube personality, Benny Johnson, that he, uh, eventually all the phones can be built in the United States of America. So, there's kind of mixed signals going on right here. Uh, the one thing that, uh, when I spoke to, uh, the head of Purism, uh, who develops that Liberty phone, said is, it took them 10 years to get to that point, to be able to actually get the phones in the US. And one of the issues was, you know, getting a processor that fits there. They say that all the electronics are built within the US. Uh, the frame for the phone, though, is built in China. Uh, so they make sure to point out that the electronics are all US made and developed. So, you know, something like that, it's taken them years to get to that point. And how much, Dan, did you say he's selling that phone for? $1,999. Their most recent phone. Uh, and so, you know, I think it's one of those things where we're just going to have to wait and see if this phone actually does come out, if it actually is built in the US. Um, right now, you know, you can see what different people are saying online. There's a lot of, uh, you know, show me, you know, rather than, uh, or will this just be vaporware where it's announced and it just never premieres, but they are taking cash for it now as far as those $100 pre-orders. So, we're just going to have to see. But all this again is part of the Trump administration's effort, uh, you know, to push that whole made in America idea. They've said that they're going to place tariffs on Apple or Samsung if they don't start building their phones, uh, in the US. Wow. That's not going to happen. Uh, you know, they'll, I mean, they'll be out of office before they even get facilities up and running. So, it's not something that I think anyone can confidently say would actually happen with Apple and Samsung. I look forward to the Dan Howley review of that phone though. That's what I'm waiting for. Thank you, Dan. Yes, sir.
