I spent my career looking around corners as a tech reporter and a finance writer. This was easy in the era of Moore’s Law. I could keep up. But, as you will note if you read some of my recent posts, I can’t anymore. Trump’s re-election hit me like a thunderbolt, as I’m sure it […]
While awaiting the results of the election my thoughts turned to the next battle facing America and technology. That is the question of who will benefit from AI? Right now, I am a big winner. The wealth of AI is going to investors. If you own Amazon.com, Nvidia, Google or Microsoft, or especially if you […]
Everyone wants to talk about the Election today. I don’t. Instead, I want to talk about what separates car cities from walking cities. It’s not bike lanes. It’s the bodega. New York is filled with bodegas. These are tiny shops stocking small purchases people who walk a lot need to make in their daily lives. […]
I’m glad no one reads this blog because it means that what follows isn’t going to jinx it. Kamala Harris is going to win this election. Despite constant press efforts to boost tension over the result, it’s clear Democrats have all the advantages heading into this weekend. We have a more coherent candidate, we have […]
When a manager loses the trust of Wall Street, you can feel it. It hangs over the stock like a depression. This is especially true when it’s a company considered vital to the national recovery. Like Intel (INTC). The knives are now out for CEO Pat Gelsinger, and a break-up of the company may be […]
The rise of Nvidia (NVDA) represented the first stage of the AI boom. Clouds bought chips with both hands to deliver AI tools to their customers. It’s still happening. Nvidia is now the world’s most valuable company. This week’s Alphabet (GOOG)(GOOGL) earnings represent a second stage for the AI boom. It’s proof that companies are using […]
From the standpoint of fundamentals, buying Palantir Technologies (PLTR) makes no sense. At its present market cap of $100 billion, Palantir has a price to earnings (PE) ratio of 263. You’re paying over 25 times revenue, there’s no dividend, and the growth rate is just 10%. That’s why, while at InvestorPlace, I urged that investors […]
Jensen Huang and his Nvidia AI chips have created a monster. The monster is “Artificial General Intelligence,” or AGI. Last year I called this “the lie of the year.” Since then it has grown to become America’s greatest danger. Just as Victor Frankenstein tried to help mankind by bringing a human being back to life, […]
The first two years of AI were defined by general purpose systems written for the broad market. ChatGPT, CoPilot, and Gemini are designed to stake out the biggest possible positions on the board of the future. But that era is ending, for two good reasons. One is it’s not profitable. Microsoft is hiding its CoPilot […]
When the economic history of our time is written, I’m afraid that Joe Biden’s Build Back Better plan will be seen as a mistake. Its heart is in the right place. We should have a viable green industry by now. We let ourselves fall well behind China in this area, and their government is antagonistic. […]
