Latest news with #Hopper
Yahoo
20 hours ago
- Business
- Yahoo
Can Investing $10,000 in Nvidia Stock Make You a Millionaire?
Nvidia is still reporting stellar results despite fears about its business and competition. The company sees huge opportunities going forward as AI becomes central in many parts of life. It's releasing new and more powerful technology to keep up with demand. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) stock has lost some of its momentum this year after gaining 1,400% over the past five years. It's lost some investor confidence for a number of reasons, including fears that new artificial intelligence (AI) models won't need its powerful chips and regulations that limit what the company can ship to China. But many investors still see its incredible long-term opportunities, and 90% of the 67 Wall Street analysts that cover it still call it a buy. Let's see where Nvidia is holding, where it's going, and whether or not investing in Nvidia stock today can make you a millionaire. For all the talk about how much more Nvidia can grow, it delivered a blowout report for the fiscal 2026 first quarter (ended April 27). Revenue increased 69% year over year, and non-GAAP (adjusted) earnings per share were up from $0.61 last year to $0.81 this year. That included a charge it had to take for not being able to fulfill orders to China, resulting in a $0.15 loss per share. Nvidia is a profit machine with a 52% net profit margin. Nvidia is easily the leader in its field, with as much as 95% of the total AI chip market, depending on who you ask. It has deals with pretty much all the major players in AI, who rely on its powerful graphics processing units (GPU) to make the generative AI magic happen. The companies who are out there offering AI platforms, like Amazon and Meta Platforms, need huge data centers to create the power necessary to drive the technology, and they need Nvidia as a partner. Data centers are Nvidia's highest-growth business right now, increasing 73% year over year in the first quarter. Amazon, for one, is creating its own chips to offer budget options for some of its clients. However, it will maintain its relationship with Nvidia because it needs Nvidia's highest-quality products for its own largest clients. The market was concerned when Chinese LLM DeepSeek came out a few months ago, and it seemed to offer excellent results without needing the power of chips like Nvidia's. Even at the time, Nvidia CEO Jensen Huang welcomed the news and said advances in AI were good for the whole industry, including Nvidia, and that he wasn't worried. Those concerns have since died down as Nvidia continues to roll out industry-leading products and stellar results. The company recently replaced its previous AI generation, called Hopper, with its improved technology under the Blackwell name. It's releasing the next iteration of that, called Blackwell Ultra, and it has the next generation of even more powerful chips, called Rubin, in the works for release next year. Huang said that the need for inference, which is how generative AI takes its data collection and turns it into results, has surged over the past year and that agentic AI will generate higher demand for AI computing. He added, "Countries around the world are recognizing AI as essential infrastructure -- just like electricity and the internet -- and Nvidia stands at the center of this profound transformation." The AI opportunity is simply enormous, and Nvidia is poised to maintain its dominant position and keep delivering shareholder wealth. There are reasons to envision Nvidia continuing to grow at a fast pace and for its stock to reflect that. However, as fast as it is growing, Nvidia isn't going to be able to replicate its earlier stock gains. The company is just too big. It's already expecting its growth rates to decelerate, even though it's also expecting the business to keep growing. It's just harder to report high double-digit growth on an increasingly large base. That's partially why, from an earnings perspective, Nvidia stock is looking very reasonably priced. It trades at a forward, one-year P/E ratio of only 25. Investing $10,000 today could be a great idea, but it isn't likely to make you a millionaire on its own. Turning $10,000 into $1 million implies a 10,000% increase, and Nvidia stock isn't likely to achieve that feat at this stage, even over the long term. However, the company still has incredible opportunities and should reward investors well in the coming years. If you're looking for a strong candidate for an AI stock to add to your portfolio and don't own Nvidia stock yet, it could be a valuable part of a millionaire-maker portfolio. 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 $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor's total average return is 809% — a market-crushing outperformance compared to 175% 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 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy. Can Investing $10,000 in Nvidia Stock Make You a Millionaire? was originally published by The Motley Fool
Yahoo
21 hours ago
- Business
- Yahoo
Artificial Intelligence (AI) Titan Nvidia Has Scored a $4 Billion "Profit" in an Unexpected Way
Artificial intelligence (AI) is Wall Street's hottest trend, with graphics processing unit (GPU) colossus Nvidia at the heart of this revolution. However, Nvidia is also an investor, with a portfolio of six stocks worth more than $1.1 billion at the end of March. Nvidia's largest investment holding has rapidly climbed in value, but may already be in a bubble. 10 stocks we like better than Nvidia › For more than two years, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). With AI, software and systems are capable of making split-second decisions, overseeing generative AI solutions, and training large language models (LLMs), all without the need for human oversight. The long-term potential for this game-changing technology is truly jaw-dropping. If the analysts at PwC are correct, a combination of consumption-side effects and productivity improvements from AI will add $15.7 trillion to the global economy by the turn of the decade. Although a long list of hardware and software/system application companies have benefited immensely from the AI revolution, none stands out more than tech titan Nvidia (NASDAQ: NVDA). But what you might be surprised to learn is that this highly influential AI company has scored a $4 billion "profit" in an uncharacteristic manner. It took less than two years for Nvidia to catapult from a $360 billion market cap to (briefly) the world's largest public company, with a valuation that handily surpassed $3.5 trillion. A $3 trillion-plus increase in valuation in such a short time frame had never been witnessed before. Nvidia's claim to fame is its Hopper (H100) and next-generation Blackwell graphics processing units (GPUs), which are the undisputed top options deployed in AI-accelerated data centers. Orders for both chips have been extensively backlogged, despite the efforts of world-leading chip fabrication company Taiwan Semiconductor Manufacturing to boost its chip-on-wafer-on-substrate monthly wafer capacity. When demand for a good or service outstrips its supply, the law of supply and-demand states that prices will climb until demand tapers. Whereas direct rival Advanced Micro Devices was netting anywhere from $10,000 to $15,000 for its Instinct MI300X AI-accelerating chip early last year, Nvidia's Hopper chips were commanding a price point that topped $40,000. The ability to charge a premium for its AI hardware, due to a combination of strong demand and persistent AI-GPU scarcity, helped push Nvidia's gross margin into the 70% range. Nvidia CEO Jensen Huang is also intent on keeping his company at the forefront of the innovative curve. He's aiming to bring a new advanced chip to market each year, with Blackwell Ultra (2025), Vera Rubin (2026), and Vera Rubin Ultra (2027) set to follow in the path of Hopper and Blackwell. In other words, it doesn't appear as if Nvidia will cede its compute advantages anytime soon. The final piece of the puzzle for Nvidia has been its CUDA software platform. This is what assists developers in maximizing the compute abilities of their Nvidia GPUs, as well as aids with building/training LLMs. CUDA has played a pivotal role in keeping clients loyal to Nvidia's ecosystem of products and services. Collectively, Nvidia's data center segment has helped catapult sales by 383% between fiscal 2023 (ended in late January 2023) and fiscal 2025, and sent adjusted net income skyrocketing from $8.4 billion to $74.3 billion over the same timeline. As you can imagine, most of Nvidia's more than $74 billion in adjusted net income last year was derived from its operating activities -- and this is how it should be for a market-leading growth stock. But it's not the only way Wall Street's AI darling can put dollars in the profit column. What's often overlooked about Nvidia is that it's also an investor. Just as institutional money managers with more than $100 million in assets under management (AUM) are required to file Form 13F no later than 45 days following the end to a quarter -- a 13F lays out which stocks, exchange-traded funds (ETFs), and select options were purchased and sold -- businesses with north of $100 million in AUM must do the same. This includes Nvidia. At the end of March, Nvidia had more than $1.1 billion invested across a half-dozen publicly traded companies. Accounting rules require Nvidia to recognize unrealized gains and losses each quarter, based on the change in value of the securities in its investment portfolio. Nvidia's largest investment holding is AI-data center infrastructure goliath CoreWeave (NASDAQ: CRWV), which went public in late March. Nvidia made an initial investment in CoreWeave of $100 million in April 2023, and upped its stake by another $250 million in March 2025, prior to its initial public offering (IPO). On a combined basis, Nvidia has put $350 million of its capital to work in Wall Street's hottest IPO. As of the closing bell on Friday, June 20, the 24,182,460 shares of CoreWeave that Nvidia held, as of March 31, were worth (drumroll) close to $4.44 billion. On an unrealized basis, Wall Street's AI titan is sitting on a $4 billion-plus "profit" from its investment. If you're wondering why "profit" is in quotations, it's because Nvidia may have reduced its stake in CoreWeave since the second quarter began. We won't know for sure until 13Fs detailing second-quarter trading activity are filed in mid-August. Further, this $4 billion unrealized gain can fluctuate, depending on where CoreWeave stock closes out the June quarter. Nevertheless, it's been one heck of a windfall for Nvidia. While Nvidia has a solid track record of making smart investments in up-and-coming tech companies -- many of which it's partnered with -- there's also the real possibility it's playing with fire when it comes to CoreWeave. Don't get me wrong, CoreWeave has been a fantastic client for Nvidia. It purchased 250,000 Hopper GPUs for its AI-data centers, which it leases out to businesses looking for compute capacity. It's in Nvidia's best interest that CoreWeave succeed and upgrade its AI chips roughly twice per decade. But there are a number of red flags with CoreWeave that suggest its $88 billion valuation isn't sustainable. One of the biggest concerns with Wall Street's hottest IPO is that Nvidia's aggressive innovation cycles could hinder, not help, its business. Bringing an advanced AI chip to market annually has the potential to quickly depreciate CoreWeave's Hopper GPUs, and might send customers to rival data centers that have newer chips. When CoreWeave looks to upgrade its infrastructure in the coming years, there's a very good chance it'll recoup far less from its assets than it expects. CoreWeave has also leaned on leverage to build out its AI-data center. Relying on debt to acquire GPUs can lead to burdensome debt-servicing costs. For the moment, these servicing costs are adding to the company's steep operating losses. Valuation is another clear concern with CoreWeave. Investors are paying roughly 8 times forecast sales in 2026 for a company that's not time-tested and hasn't generated a profit. While Nvidia, undoubtedly, wants to see CoreWeave succeed, locking in its gains at these levels would make a lot of sense. 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 $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor's total average return is 809% — a market-crushing outperformance compared to 175% 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 23, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. Artificial Intelligence (AI) Titan Nvidia Has Scored a $4 Billion "Profit" in an Unexpected Way was originally published by The Motley Fool

USA Today
2 days ago
- Business
- USA Today
Can investing $10,000 in Nvidia stock make you a millionaire?
Nvidia (NASDAQ: NVDA) stock has lost some of its momentum this year after gaining 1,400% over the past five years. It's lost some investor confidence for a number of reasons, including fears that new artificial intelligence (AI) models won't need its powerful chips and regulations that limit what the company can ship to China. But many investors still see its incredible long-term opportunities, and 90% of the 67 Wall Street analysts that cover it still call it a buy. Let's see where Nvidia is holding, where it's going, and whether or not investing in Nvidia stock today can make you a millionaire. The linchpin for AI platforms For all the talk about how much more Nvidia can grow, it delivered a blowout report for the fiscal 2026 first quarter (ended April 27). Revenue increased 69% year over year, and non-GAAP (adjusted) earnings per share were up from $0.61 last year to $0.81 this year. That included a charge it had to take for not being able to fulfill orders to China, resulting in a $0.15 loss per share. Nvidia is a profit machine with a 52% net profit margin. Nvidia is easily the leader in its field, with as much as 95% of the total AI chip market, depending on who you ask. It has deals with pretty much all the major players in AI, who rely on its powerful graphics processing units (GPU) to make the generative AI magic happen. The companies who are out there offering AI platforms, like Amazon and Meta Platforms, need huge data centers to create the power necessary to drive the technology, and they need Nvidia as a partner. Data centers are Nvidia's highest-growth business right now, increasing 73% year over year in the first quarter. Amazon, for one, is creating its own chips to offer budget options for some of its clients. However, it will maintain its relationship with Nvidia because it needs Nvidia's highest-quality products for its own largest clients. Staying ahead of the curve The market was concerned when Chinese LLM DeepSeek came out a few months ago, and it seemed to offer excellent results without needing the power of chips like Nvidia's. Even at the time, Nvidia CEO Jensen Huang welcomed the news and said advances in AI were good for the whole industry, including Nvidia, and that he wasn't worried. Those concerns have since died down as Nvidia continues to roll out industry-leading products and stellar results. The company recently replaced its previous AI generation, called Hopper, with its improved technology under the Blackwell name. It's releasing the next iteration of that, called Blackwell Ultra, and it has the next generation of even more powerful chips, called Rubin, in the works for release next year. Huang said that the need for inference, which is how generative AI takes its data collection and turns it into results, has surged over the past year and that agentic AI will generate higher demand for AI computing. He added, "Countries around the world are recognizing AI as essential infrastructure — just like electricity and the internet — and Nvidia stands at the center of this profound transformation." The AI opportunity is simply enormous, and Nvidia is poised to maintain its dominant position and keep delivering shareholder wealth. Can Nvidia make you a millionaire? There are reasons to envision Nvidia continuing to grow at a fast pace and for its stock to reflect that. However, as fast as it is growing, Nvidia isn't going to be able to replicate its earlier stock gains. The company is just too big. It's already expecting its growth rates to decelerate, even though it's also expecting the business to keep growing. It's just harder to report high double-digit growth on an increasingly large base. That's partially why, from an earnings perspective, Nvidia stock is looking very reasonably priced. It trades at a forward, one-year P/E ratio of only 25. Investing $10,000 today could be a great idea, but it isn't likely to make you a millionaire on its own. Turning $10,000 into $1 million implies a 10,000% increase, and Nvidia stock isn't likely to achieve that feat at this stage, even over the long term. However, the company still has incredible opportunities and should reward investors well in the coming years. If you're looking for a strong candidate for an AI stock to add to your portfolio and don't own Nvidia stock yet, it could be a valuable part of a millionaire-maker portfolio. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jennifer Saibil has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Meta Platforms and Nvidia. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. Should you invest $1,000 in Nvidia right now? Offer from the Motley Fool: Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks 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 whenNetflixmade this list on December 17, 2004... if you invested $1,000 at the time of our recommendation,you'd have $689,813!* Or when Nvidiamade this list on April 15, 2005... if you invested $1,000 at the time of our recommendation,you'd have $906,556!* Now, it's worth notingStock Advisor's total average return is809% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you joinStock Advisor. See the 10 stocks »


Globe and Mail
2 days ago
- Business
- Globe and Mail
Artificial Intelligence (AI) Titan Nvidia Has Scored a $4 Billion "Profit" in an Unexpected Way
For more than two years, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). With AI, software and systems are capable of making split-second decisions, overseeing generative AI solutions, and training large language models (LLMs), all without the need for human oversight. The long-term potential for this game-changing technology is truly jaw-dropping. If the analysts at PwC are correct, a combination of consumption-side effects and productivity improvements from AI will add $15.7 trillion to the global economy by the turn of the decade. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Although a long list of hardware and software/system application companies have benefited immensely from the AI revolution, none stands out more than tech titan Nvidia (NASDAQ: NVDA). But what you might be surprised to learn is that this highly influential AI company has scored a $4 billion "profit" in an uncharacteristic manner. Nvidia's hardware keeps AI data centers ticking It took less than two years for Nvidia to catapult from a $360 billion market cap to (briefly) the world's largest public company, with a valuation that handily surpassed $3.5 trillion. A $3 trillion-plus increase in valuation in such a short time frame had never been witnessed before. Nvidia's claim to fame is its Hopper (H100) and next-generation Blackwell graphics processing units (GPUs), which are the undisputed top options deployed in AI-accelerated data centers. Orders for both chips have been extensively backlogged, despite the efforts of world-leading chip fabrication company Taiwan Semiconductor Manufacturing to boost its chip-on-wafer-on-substrate monthly wafer capacity. When demand for a good or service outstrips its supply, the law of supply and-demand states that prices will climb until demand tapers. Whereas direct rival Advanced Micro Devices was netting anywhere from $10,000 to $15,000 for its Instinct MI300X AI-accelerating chip early last year, Nvidia's Hopper chips were commanding a price point that topped $40,000. The ability to charge a premium for its AI hardware, due to a combination of strong demand and persistent AI-GPU scarcity, helped push Nvidia's gross margin into the 70% range. Nvidia CEO Jensen Huang is also intent on keeping his company at the forefront of the innovative curve. He's aiming to bring a new advanced chip to market each year, with Blackwell Ultra (2025), Vera Rubin (2026), and Vera Rubin Ultra (2027) set to follow in the path of Hopper and Blackwell. In other words, it doesn't appear as if Nvidia will cede its compute advantages anytime soon. The final piece of the puzzle for Nvidia has been its CUDA software platform. This is what assists developers in maximizing the compute abilities of their Nvidia GPUs, as well as aids with building/training LLMs. CUDA has played a pivotal role in keeping clients loyal to Nvidia's ecosystem of products and services. Collectively, Nvidia's data center segment has helped catapult sales by 383% between fiscal 2023 (ended in late January 2023) and fiscal 2025, and sent adjusted net income skyrocketing from $8.4 billion to $74.3 billion over the same timeline. Wall Street's AI darling just scored a $4 billion "windfall" As you can imagine, most of Nvidia's more than $74 billion in adjusted net income last year was derived from its operating activities -- and this is how it should be for a market-leading growth stock. But it's not the only way Wall Street's AI darling can put dollars in the profit column. What's often overlooked about Nvidia is that it's also an investor. Just as institutional money managers with more than $100 million in assets under management (AUM) are required to file Form 13F no later than 45 days following the end to a quarter -- a 13F lays out which stocks, exchange-traded funds (ETFs), and select options were purchased and sold -- businesses with north of $100 million in AUM must do the same. This includes Nvidia. At the end of March, Nvidia had more than $1.1 billion invested across a half-dozen publicly traded companies. Accounting rules require Nvidia to recognize unrealized gains and losses each quarter, based on the change in value of the securities in its investment portfolio. Nvidia's largest investment holding is AI-data center infrastructure goliath CoreWeave (NASDAQ: CRWV), which went public in late March. Nvidia made an initial investment in CoreWeave of $100 million in April 2023, and upped its stake by another $250 million in March 2025, prior to its initial public offering (IPO). On a combined basis, Nvidia has put $350 million of its capital to work in Wall Street's hottest IPO. As of the closing bell on Friday, June 20, the 24,182,460 shares of CoreWeave that Nvidia held, as of March 31, were worth (drumroll) close to $4.44 billion. On an unrealized basis, Wall Street's AI titan is sitting on a $4 billion-plus "profit" from its investment. If you're wondering why "profit" is in quotations, it's because Nvidia may have reduced its stake in CoreWeave since the second quarter began. We won't know for sure until 13Fs detailing second-quarter trading activity are filed in mid-August. Further, this $4 billion unrealized gain can fluctuate, depending on where CoreWeave stock closes out the June quarter. Nevertheless, it's been one heck of a windfall for Nvidia. Is Nvidia playing with fire? While Nvidia has a solid track record of making smart investments in up-and-coming tech companies -- many of which it's partnered with -- there's also the real possibility it's playing with fire when it comes to CoreWeave. Don't get me wrong, CoreWeave has been a fantastic client for Nvidia. It purchased 250,000 Hopper GPUs for its AI-data centers, which it leases out to businesses looking for compute capacity. It's in Nvidia's best interest that CoreWeave succeed and upgrade its AI chips roughly twice per decade. But there are a number of red flags with CoreWeave that suggest its $88 billion valuation isn't sustainable. One of the biggest concerns with Wall Street's hottest IPO is that Nvidia's aggressive innovation cycles could hinder, not help, its business. Bringing an advanced AI chip to market annually has the potential to quickly depreciate CoreWeave's Hopper GPUs, and might send customers to rival data centers that have newer chips. When CoreWeave looks to upgrade its infrastructure in the coming years, there's a very good chance it'll recoup far less from its assets than it expects. CoreWeave has also leaned on leverage to build out its AI-data center. Relying on debt to acquire GPUs can lead to burdensome debt-servicing costs. For the moment, these servicing costs are adding to the company's steep operating losses. Valuation is another clear concern with CoreWeave. Investors are paying roughly 8 times forecast sales in 2026 for a company that's not time-tested and hasn't generated a profit. While Nvidia, undoubtedly, wants to see CoreWeave succeed, locking in its gains at these levels would make a lot of sense. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks 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 $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor 's total average return is809% — a market-crushing outperformance compared to175%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 June 23, 2025

4 days ago
4th of July travel likely to shatter records: What to expect
The Fourth of July holiday is fast approaching -- and it's going to be a busy one. A record high of 72.2 million people are expected to travel at least 50 miles from home over the July Fourth holiday period (from June 28 to July 6), according to AAA. This is 1.7 million more people than last year and 7 million more than in 2019, according to AAA. Here's what you need to know before you to head to the airport or hit the highway: Air travel AAA anticipates a record 5.84 million passengers will fly domestically over the holiday -- a 1.4% jump from last year. Domestic airfare is averaging $260 round trip -- the lowest price in four years, according to Hopper. International airfare is down, as well, with round trip tickets to Europe averaging $840. Thursday, July 3, will be the busiest day to leave for the holiday, according to Hopper and Expedia. Tuesday, July 8, will be the least busy and most affordable day to fly home, Expedia found. United Airlines said it projects Friday, June 27, and Thursday, July 3, to be its busiest days with about 580,000 passengers each day. Expedia said its most popular destinations are Las Vegas; New York City; Miami; Orlando, Florida; and Cancun, Mexico. Los Angeles and Seattle are also top cities, according to Hopper. Road travel This year is expected to be the busiest Independence Day ever on the roads. AAA projects 61.6 million people will travel by car -- a 2.2% increase from last year. But good news for drivers: Summer gas prices are the lowest they've been since 2021, according to AAA.