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[ad_1] Josh Brown believes Nvidia is headed to $200 a share as investors focus on the “meat and potatoes” of the business. The chipmaker was down about 1% in midday trading Thursday after falling as much as 5% overnight —despite second-quarter earnings and revenue beating Wall Street analysts’ estimates. Brown, CEO of Ritholtz Wealth Management, said on CNBC’s ” Halftime Report ” he’s not concerned about the immediate market reaction, despite the unusual move Thursday. “Recently, the pattern has been that the stock runs up into earnings,” he said, noting that shares jumped about 20% from the start of the…

[ad_1] (PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) Widely followed tech analyst Dan Ives thinks the tepid reaction to Nvdia’s earnings is wrong and the AI juggernaut will be worth much more in the near future. “As you look at numbers and you factor in China, numbers are probably going to go up 8%-10%,” Wedbush’s Dan Ives told CNBC’s Frank Holland in a CNBC PRO video, regarding company earnings estimates. “I think it’s noise. I think it’s a knee jerk.…

[ad_1] This as-told-to essay is based on a transcribed conversation with Alexander Cobb, 25, a University of Cambridge graduate who pivoted from a career in music to AI. Business Insider has verified his music contract and academic credentials. The following has been edited for length and clarity.Before I saw Sam Altman give a talk at the University of Cambridge in November 2023, I was set on pursuing a career in music.But by the end of the talk, I realized we were on the cusp of something major, and that AI could be the most revolutionary thing to happen in my…

[ad_1] Bitcoin’s volatility has collapsed from 60% at the start of 2025 to about 30% — which could make the crypto asset more appealing to institutional investors once put off by its rollercoaster price swings, according to JPMorgan. “Expect that the allocations to bitcoin by institutional investors could match those of competing assets classes such as gold if there is convergence in volatilities,” strategist Nikolaos Panigirtzoglou said in a note Thursday. “A significant convergence in volatilities between bitcoin and gold has been taking place over the past year” and is now “the lowest on record.” A contributing factor has been…

[ad_1] Over 500 tennis players have descended upon the US Open to battle for prestige, recognition, and bragging rights.They’re also competing for a hefty paycheck.The annual tournament is underway at the Billie Jean King National Tennis Center in Queens, New York, where matches for the main draws began on Sunday and will continue until September 7. The tournament also launched a new format for mixed doubles this year, which took place earlier in the month. Italy’s Jannik Sinner at the 2025 US Open. Clive Brunskill/Getty Images Several 2024 US Open defending champions — including Jannik Sinner and Aryna Sabalenka —…

[ad_1] This as-told-to essay is based on a conversation with Manoj Tumu, a 23-year-old machine learning engineer at Meta based in Menlo Park. It’s been edited for length and clarity. Business Insider has verified Tumu’s salary and employment.Machine learning has gone mainstream.I started my master’s program in 2022, around the time ChatGPT was released. The advancement of AI and AI tools has made it a very competitive field, and many people are trying to get in.It took me one year to get my undergraduate degree because I had college credits from classes I took in high school. Then I worked…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK financial markets regulators have opened an investigation into whether Drax made misleading statements to the market over its sourcing of wood for biomass pellets.The UK energy company’s shares dropped more than 10 per cent, to 631.50p, in morning trading in London on Thursday — the deepest plunge since March 2023. Shares closed at 650p.The probe by the Financial Conduct Authority increases scrutiny on the FTSE 250 group around its sourcing of biomass for power stations, following claims by a whistleblower.…

[ad_1] As AI becomes more prevalent in the classroom — where students use it to complete assignments and teachers are uncertain about how to address it — an AI platform called MathGPT.ai launched last year with the goal of providing an “anti-cheating” tutor to college students and a teaching assistant to professors. Following a successful pilot program at 30 colleges and universities in the U.S., MathGPT.ai is preparing to nearly double its availability this fall, with hundreds of instructors planning to incorporate the tool. Schools implementing MathGPT.ai in their classrooms include Penn State University, Tufts University, and Liberty University, among…

[ad_1] (This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Robinhood (HOOD) gets lots of attention in the market given its rapid user growth and colorful approach to exposing millions of young people to investing. Its share price has increased almost 400% over the last year as it became seen as one of the primary beneficiaries of the new bull market. In this business, increased activity equals increased revenue and profit. Activity is on fire right now, all over Wall Street. Which brings me to…

[ad_1] GitLab stock could be well positioned heading into fiscal second-quarter results due to be reported after Labor Day, according to Bank of America. “We believe concern that GTLB is at risk from AI is overstated and should be disproven with a steady string of strong results over time,” analyst Koji Ikeda wrote in a Thursday note, adding that investors shouldn’t “sleep on this one” heading into earnings. The Wall Street investment bank reiterated a buy rating on the software development platform in a Thursday note, alongside a $72 per share price target. BofA’s 12-month objective for where it thinks…