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Cash Feels Safe?
The Asset Everyone Trusts — And Nobody Questions.
You checked your savings account balance this week and felt fine. Number went up a little. Interest did its little interest thing. Nothing to worry about.
That’s the whole con. Cash is the one asset that never looks like it’s losing — no red candles, no panicked group chat, no “well that’s not great” phone call from your advisor. It just quietly gets worse at its job every single year, like a gym membership you forgot to cancel.
Ray Dalio spent part of a recent podcast appearance trying to ruin that peace of mind.
Here’s the full picture. ⇩
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The Safest Asset Is Also the Worst One.
Most investments tell you when they’re having a bad day.
Stocks fall. Bonds sell off. Real estate slows. Crypto… well, crypto usually lets everyone know.
Cash is different.
It almost never feels risky because the number in your account rarely goes down. If anything, it inches higher as interest trickles in.
The catch, Dalio argues, is that your bank balance isn’t the number that matters.
Your purchasing power is.
Every year inflation rises faster than your money grows, your cash buys a little less than it did before. There’s no dramatic crash—just a slow erosion that’s easy to ignore because it happens in the background.
In Dalio’s view, that’s what makes cash so deceptive. The risk isn’t volatility.
It’s standing still.
SPONSOR BREAK presented by MarketWise*
Everyone is focused on the rockets. That’s exactly what Elon wants… Hidden inside the S-1 is a $1.3 trillion AI “trojan horse” Wall Street completely missed. Rob Spivey – whose institutional research is followed by Goldman Sachs, JPMorgan Chase, BlackRock, and Fidelity – called Elon’s last three big moves before anyone else. When Elon makes a big move, billions of dollars move, too. All you have to do is follow the money… Rob is giving away his No. 1 stock recommendation at the center of Elon’s hidden empire, free…
The Tax Nobody Notices.
✱ Even when your savings account earns enough interest to keep pace with inflation, that interest is generally taxable.
Which means you can owe taxes on income that, after inflation, didn’t actually leave you wealthier.
→ Inflation running around 3.5%–4%.
→ An interest rate that roughly matches it.
→ Taxes owed on that interest regardless.
Run the math and the “safe” account often loses in real terms…
…just slowly enough that nobody notices until several presidents later.
That’s precisely the point.
SPONSOR BREAK presented by Brownstone*
New Patent Reveals Elon Musk’s Next Breakthrough: M.A.G.I.
This new form of AI could create so much wealth that Elon Musk calls it “an infinite money glitch.”
The CEO of Nvidia, Jensen Huang, is on record predicting this will be “the next wave” of the AI boom…
And that it will launch “the next multi-trillion-dollar industry.”
Which is why Jeff Brown is recommending this little-known Elon Musk supplier that’s at the center of this revolution.
$11.74 ↓
One number does all the work here. A purchasing-power comparison spanning 56 years.
What cost $11.74 in 1970 now requires roughly $100.
Nothing dramatic happened overnight. Inflation simply compounded for more than five decades.
That’s the part Dalio keeps coming back to.
Cash rarely produces spectacular losses.
It produces ordinary ones, over and over again, until they become extraordinary.
!!! So your grandfather’s rainy-day fund would now barely cover the rainy-day umbrella.
SPONSOR BREAK presented by Brownstone*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
So What’s the Alternative? Dalio’s Answer…
→ Gold.
It’s been his answer for years.
His reasoning: unlike a currency, gold can’t be printed into oversupply by a central bank having a bad week.
→ Real estate earns a similar endorsement.
Both, in his view, have historically adjusted alongside inflation rather than quietly falling behind it.
Gold has climbed 126% over the past five years.
Home prices are up 87% over the past decade by the national Case-Shiller index.
Neither is guaranteed to outperform every year.
!!! But Dalio argues they share one advantage cash doesn’t: they’re designed to preserve purchasing power over long periods rather than simply preserve a dollar amount.
⚠️ Gold Over Bitcoin.
Despite years of speculation, Dalio still keeps only a small allocation to Bitcoin.
His case against Bitcoin hasn’t shifted: it’s transparent on a public ledger, meaning governments can track and tax it in ways gold’s “shiny rock in a vault” simplicity avoids. He also flagged long-horizon risk from quantum computing eventually chipping away at crypto’s security — a threat so far off it sounds made up, except it’s the same guy who’s been right about inflation since before your 401(k) existed.
The scoreboard hasn’t done Bitcoin any favors either:
→ gold’s up more than 20% over the past twelve months,
→ while Bitcoin’s down roughly 45% over the same stretch.
Somewhere, a “digital gold” marketing team is having a very quiet year.
And while Dalio acknowledges Bitcoin has earned its place as an alternative asset, it still hasn’t replaced gold in his framework.
Don’t forget to cast your vote 👇
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Washington, Inc.?
Washington’s portfolio has grown…
The Commerce Department announced agreements this week with seven semiconductor companies for $874 million in CHIPS Act funding.
In exchange for part of that support, the government is set to receive minority equity stakes in six additional chipmakers.
That would bring Washington’s growing collection of corporate holdings to roughly 30 companies, according to a Cato Institute tally.
And this portfolio stretches well beyond semiconductors. We’re talking steel, nuclear energy, rare earths, and other strategically important industries.
There’s also a pretty good reason Washington might be warming to the strategy.
Here’s the full picture. ⇩
SPONSOR BREAK presented by MarketWise*
Everyone is focused on the rockets. That’s exactly what Elon wants… Hidden inside the S-1 is a $1.3 trillion AI “trojan horse” Wall Street completely missed. Rob Spivey – whose institutional research is followed by Goldman Sachs, JPMorgan Chase, BlackRock, and Fidelity – called Elon’s last three big moves before anyone else. When Elon makes a big move, billions of dollars move, too. All you have to do is follow the money… Rob is giving away his No. 1 stock recommendation at the center of Elon’s hidden empire, free…
Meet The Seven.
1 GlobalFoundries — $300M – Co-packaged optics that could move data between AI processors using light, with the funding intended to accelerate development by 2–3 years.
2 Kepler — $245M – Next-generation AI memory built around 3D and ferroelectric technologies, aimed at improving performance as AI systems demand more memory.
3 Multibeam — $140M – Advanced chip-packaging technology designed to stack and connect multiple chips into more powerful computing systems.
4 Extropic, Thintronics, OBSIDIA & Aeluma — $30M–$75M each – A mix of lower-power computing, advanced semiconductor materials, and technology designed to detect counterfeit components.
The government isn’t simply writing checks. As National Institute of Standards and Technology (NIST) explained, each award comes with a minority, non-controlling equity stake intended to give taxpayers some participation in the upside.
Exactly how much ownership? That’s still TBD.
These are currently letters of intent, and the final equity stakes haven’t been disclosed. Those details are expected to be worked out before the awards are finalized in the months ahead.
SPONSOR BREAK presented by Brownstone*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
Three Times…
✱ GlobalFoundries has now received federal semiconductor funding three separate times—and the evolution of those deals shows just how much Washington’s approach has changed.
→ November 2024 — $1.5B – Funding to expand manufacturing facilities in Malta, New York, and Vermont. No government equity stake.
→ May 2026 — $375M – Part of a broader quantum-computing funding round. This time, the government received roughly a 1% stake in GlobalFoundries.
→ July 2026 — $300M – This week’s investment in co-packaged optics R&D. An equity stake is part of the deal, though the government’s eventual ownership percentage hasn’t been disclosed.
GlobalFoundries offers perhaps the clearest example of Washington’s shift: federal support once came primarily as funding. Increasingly, it comes with ownership attached.
SPONSOR BREAK presented by Brownstone*
New Patent Reveals Elon Musk’s Next Breakthrough: M.A.G.I.
This new form of AI could create so much wealth that Elon Musk calls it “an infinite money glitch.”
The CEO of Nvidia, Jensen Huang, is on record predicting this will be “the next wave” of the AI boom…
And that it will launch “the next multi-trillion-dollar industry.”
Which is why Jeff Brown is recommending this little-known Elon Musk supplier that’s at the center of this revolution.
The Flagship Example ↓
If Washington needed a reason to keep taking equity, Intel has provided a rather compelling one.
The stock has climbed to record highs since the government’s investment was announced, leaving its stake sitting on more than $70 billion in unrealized gains.
The broader debate over whether the government should own pieces of private companies isn’t going away.
But purely on paper, Intel has worked exceptionally well.
SPONSOR BREAK presented by MarketWise*
The Prophet’s” #1 Retirement Stock Right Now — Free
Whitney Tilson — the man CNBC calls “The Prophet,” twice featured on 60 Minutes — is revealing the name and ticker of what he calls America’s Greatest Retirement Stock.
Completely free.
It’s already outperformed Apple, Amazon, and the S&P 500 combined…
A billionaire put 60% of his $9 billion fund into it…
And Google’s former CEO just partnered with it directly.
Right now it’s trading at a rare discount.
>>> No email required. Get the name free.<<<
It’s Not Just Chips…
Washington’s portfolio is starting to look diversified.
And that’s before adding semiconductors and quantum computing.
The government now holds interests across chips, quantum computing, steel, nuclear energy, and rare earths—industries Washington considers strategically important to U.S. manufacturing, technology, energy, or national security.
The common thread is increasingly equity.
Instead of providing capital and walking away, Washington is beginning to structure more deals so taxpayers retain a piece of the companies receiving it.
Industrial policy is starting to come with a cap table.
⚠️ Not Everyone Is Buying The Strategy.
The equity approach has critics.
The disagreement comes down to the government’s role in private markets.
→ Free-market critics argue that government should fund strategic priorities without becoming a shareholder.
→ The administration sees it differently: if taxpayer dollars are already going into private companies, taxpayers should have a chance to participate in the upside.
Intel’s gains strengthen the financial case. They don’t resolve the broader policy debate.
With roughly 30 companies now in the mix, this is becoming more than a handful of unusual deals. It’s an evolving model for how Washington supports industries it considers strategically important.
Whether that ultimately proves to be smart taxpayer stewardship, useful industrial policy, or a significant expansion of government ownership will depend largely on what happens to those investments from here.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Washington, Inc.?
Washington’s portfolio has grown…
The Commerce Department announced agreements this week with seven semiconductor companies for $874 million in CHIPS Act funding.
In exchange for part of that support, the government is set to receive minority equity stakes in six additional chipmakers.
That would bring Washington’s growing collection of corporate holdings to roughly 30 companies, according to a Cato Institute tally.
And this portfolio stretches well beyond semiconductors. We’re talking steel, nuclear energy, rare earths, and other strategically important industries.
There’s also a pretty good reason Washington might be warming to the strategy.
Here’s the full picture. ⇩
SPONSOR BREAK presented by MarketWise*
Everyone is focused on the rockets. That’s exactly what Elon wants… Hidden inside the S-1 is a $1.3 trillion AI “trojan horse” Wall Street completely missed. Rob Spivey – whose institutional research is followed by Goldman Sachs, JPMorgan Chase, BlackRock, and Fidelity – called Elon’s last three big moves before anyone else. When Elon makes a big move, billions of dollars move, too. All you have to do is follow the money… Rob is giving away his No. 1 stock recommendation at the center of Elon’s hidden empire, free…
Meet The Seven.
1 GlobalFoundries — $300M – Co-packaged optics that could move data between AI processors using light, with the funding intended to accelerate development by 2–3 years.
2 Kepler — $245M – Next-generation AI memory built around 3D and ferroelectric technologies, aimed at improving performance as AI systems demand more memory.
3 Multibeam — $140M – Advanced chip-packaging technology designed to stack and connect multiple chips into more powerful computing systems.
4 Extropic, Thintronics, OBSIDIA & Aeluma — $30M–$75M each – A mix of lower-power computing, advanced semiconductor materials, and technology designed to detect counterfeit components.
The government isn’t simply writing checks. As National Institute of Standards and Technology (NIST) explained, each award comes with a minority, non-controlling equity stake intended to give taxpayers some participation in the upside.
Exactly how much ownership? That’s still TBD.
These are currently letters of intent, and the final equity stakes haven’t been disclosed. Those details are expected to be worked out before the awards are finalized in the months ahead.
SPONSOR BREAK presented by Brownstone*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
Three Times…
✱ GlobalFoundries has now received federal semiconductor funding three separate times—and the evolution of those deals shows just how much Washington’s approach has changed.
→ November 2024 — $1.5B – Funding to expand manufacturing facilities in Malta, New York, and Vermont. No government equity stake.
→ May 2026 — $375M – Part of a broader quantum-computing funding round. This time, the government received roughly a 1% stake in GlobalFoundries.
→ July 2026 — $300M – This week’s investment in co-packaged optics R&D. An equity stake is part of the deal, though the government’s eventual ownership percentage hasn’t been disclosed.
GlobalFoundries offers perhaps the clearest example of Washington’s shift: federal support once came primarily as funding. Increasingly, it comes with ownership attached.
SPONSOR BREAK presented by Brownstone*
New Patent Reveals Elon Musk’s Next Breakthrough: M.A.G.I.
This new form of AI could create so much wealth that Elon Musk calls it “an infinite money glitch.”
The CEO of Nvidia, Jensen Huang, is on record predicting this will be “the next wave” of the AI boom…
And that it will launch “the next multi-trillion-dollar industry.”
Which is why Jeff Brown is recommending this little-known Elon Musk supplier that’s at the center of this revolution.
The Flagship Example ↓
If Washington needed a reason to keep taking equity, Intel has provided a rather compelling one.
The stock has climbed to record highs since the government’s investment was announced, leaving its stake sitting on more than $70 billion in unrealized gains.
The broader debate over whether the government should own pieces of private companies isn’t going away.
But purely on paper, Intel has worked exceptionally well.
SPONSOR BREAK presented by MarketWise*
The Prophet’s” #1 Retirement Stock Right Now — Free
Whitney Tilson — the man CNBC calls “The Prophet,” twice featured on 60 Minutes — is revealing the name and ticker of what he calls America’s Greatest Retirement Stock.
Completely free.
It’s already outperformed Apple, Amazon, and the S&P 500 combined…
A billionaire put 60% of his $9 billion fund into it…
And Google’s former CEO just partnered with it directly.
Right now it’s trading at a rare discount.
>>> No email required. Get the name free.<<<
It’s Not Just Chips…
Washington’s portfolio is starting to look diversified.
And that’s before adding semiconductors and quantum computing.
The government now holds interests across chips, quantum computing, steel, nuclear energy, and rare earths—industries Washington considers strategically important to U.S. manufacturing, technology, energy, or national security.
The common thread is increasingly equity.
Instead of providing capital and walking away, Washington is beginning to structure more deals so taxpayers retain a piece of the companies receiving it.
Industrial policy is starting to come with a cap table.
⚠️ Not Everyone Is Buying The Strategy.
The equity approach has critics.
The disagreement comes down to the government’s role in private markets.
→ Free-market critics argue that government should fund strategic priorities without becoming a shareholder.
→ The administration sees it differently: if taxpayer dollars are already going into private companies, taxpayers should have a chance to participate in the upside.
Intel’s gains strengthen the financial case. They don’t resolve the broader policy debate.
With roughly 30 companies now in the mix, this is becoming more than a handful of unusual deals. It’s an evolving model for how Washington supports industries it considers strategically important.
Whether that ultimately proves to be smart taxpayer stewardship, useful industrial policy, or a significant expansion of government ownership will depend largely on what happens to those investments from here.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Nvidia’s Perfect Alibi
A Rough Stretch…
For five straight trading sessions, Nvidia was effectively on trial.
A single question hung over the stock: was the AI infrastructure boom being driven by genuine customer demand, or was Nvidia’s financing playing a bigger role than investors realized?
Then Microsoft MSFT ( ▲ 16.63% ) reported earnings.
Capital spending stayed enormous, cloud growth accelerated, and demand for AI infrastructure showed few signs of slowing. Microsoft shares surged more than 16%, Nvidia NVDA ( ▲ 1.9% ) climbed with them, and one of the market’s biggest questions suddenly looked a little less mysterious.
Sometimes the strongest defense isn’t another explanation. It’s someone else’s earnings report.
Here’s the full picture. ⇩
SPONSOR BREAK presented by DealMaker*
Nvidia’s valuation surged by 1,092% when it became the backbone of AI. But now there’s a problem Nvidia can’t solve: AI data centers are beginning to consume more power than entire nations like Sweden or Argentina.
Enter Frontieras. Their patented tech reforms coal, one of America’s most abundant resources, into hydrogen and diesel without burning it. With a coal-friendly White House, this could unlock up to $2.1T in energy potential.
Frontieras has reserved the “FASF” Nasdaq ticker and raised $30M+ from investors. Now you can join them.
Invest at $9.01/share before the share price changes after 8/6.
Disclaimer: This is a paid advertisement for Frontieras’s Regulation A offering. Please read the offering circular at https://invest.frontieras.com/. Reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Listing on the NASDAQ is subject to approvals.
Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.
How Bad Did It Get?
By Wednesday, Nvidia had surrendered its crown as the world’s most valuable public company to Apple—a sharp reversal for a stock that had spent much of the summer setting records.
The selloff was driven by Nvidia’s growing role in financing the AI ecosystem itself.
Reports that the company is discussing up to $250 billion in financial support for OpenAI’s proposed Ohio data center—along with financing for additional chip purchases tied to the project—raised an important question.
How much of today’s AI spending reflects customer demand, and how much is being enabled by Nvidia’s balance sheet?
That’s what unsettled investors: Nvidia’s increasing exposure if some of the world’s largest AI projects fail to generate the returns everyone expects.
Exhibit A:
After Microsoft’s earnings report:
Azure continued to accelerate, earnings impressed, and despite the strong demand, Microsoft didn’t raise its 2026 capital spending plans.
→ +16.4% Microsoft stock move just today
✱ Why Microsoft’s report mattered so much for Nvidia specifically
Blowout results paired with unchanged, disciplined capex was exactly what nervous investors needed to see.
Strong demand without runaway spending is the cleanest possible rebuttal to the idea that AI infrastructure growth is artificially manufactured.
SPONSOR BREAK presented by DealMaker*
Nvidia’s valuation surged by 1,092% when it became the backbone of AI. But now there’s a problem Nvidia can’t solve: AI data centers are beginning to consume more power than entire nations like Sweden or Argentina.
Enter Frontieras. Their patented tech reforms coal, one of America’s most abundant resources, into hydrogen and diesel without burning it. With a coal-friendly White House, this could unlock up to $2.1T in energy potential.
Frontieras has reserved the “FASF” Nasdaq ticker and raised $30M+ from investors. Now you can join them.
Invest at $9.01/share before the share price changes after 8/6.
Disclaimer: This is a paid advertisement for Frontieras’s Regulation A offering. Please read the offering circular at https://invest.frontieras.com/. Reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Listing on the NASDAQ is subject to approvals.
Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.
It Was Never Just Nvidia↓
✱ Microsoft’s earnings lifted nearly the entire semiconductor sector.
Intel, AMD, and the broader chip index all rallied as investors reassessed the outlook for AI infrastructure spending. That kind of synchronized move usually signals something bigger than company-specific news.
The market wasn’t simply rewarding one stock. It was repricing the broader AI ecosystem on the belief that hyperscaler demand remains intact.
When one customer’s earnings move an entire sector, investors are reacting to the message its numbers send.
Not Every AI Giant Got A Pass.
Meta META ( ▼ 9.08% ) told a very different story.
The stock fell roughly 8% after issuing a softer-than-expected revenue outlook and reporting a 91% decline in second-quarter free cash flow. While the company nudged the lower end of its 2026 capital spending guidance higher—from $125–145 billion to $130–145 billion—that wasn’t what investors focused on.
They focused on the cash flow.
The contrast with Microsoft was telling. Both companies remain committed to massive AI investment, but only one paired that spending with results that comfortably exceeded expectations.
So… What About OpenAI?
→ Azure remains OpenAI’s primary cloud platform. Under Microsoft’s updated agreement with OpenAI, new products are still expected to launch on Azure first unless Microsoft can’t provide the required infrastructure.
→ OpenAI also has a massive Azure commitment. A separate 2025 agreement includes an additional $250 billion commitment to purchase Azure cloud services.
→ The partnership is still deep. Microsoft remains a major OpenAI shareholder and retains licensing rights to OpenAI’s models and products through 2032.
The proposed Nvidia-backed Ohio data center doesn’t change that relationship.
If OpenAI ultimately leases computing capacity outside Azure for part of the project, Microsoft could give up some cloud revenue while also avoiding part of the capital investment required to build that infrastructure itself.
That’s a commercial trade-off—not a breakup.
The broader partnership remains firmly intact.
What hasn’t changed?
For all the debate around financing, Nvidia’s underlying business looked exactly the same as it did a week earlier.
The company still reported $81.6 billion in quarterly revenue, generated nearly $49 billion in free cash flow, and ended the quarter with more than $80 billion in cash and marketable securities against just $7.5 billion in long-term debt.
What changed was investor confidence in the demand story surrounding it.
Jensen Huang has projected AI infrastructure investment reaching $3-4 trillion annually by 2030, and for now, there’s no sign of a slowdown.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Wait… The Sandwich Is Winning?
Apparently, Wall Street’s Bullish On BLTs…
If you’ve had enough AI headlines this week, Wall Street has a palate cleanser.
This one comes with lettuce, tomatoes, and a ticker symbol.
Jersey Mike’s is expected to price its IPO Wednesday at a valuation of up to $8 billion, after attracting demand for 10 times the shares available.
No AI chips. No trillion-dollar data centers. No billion-dollar startup investments. Just 3,300 sandwich shops, a 13% sales-growth year, and a business investors apparently couldn’t get enough of.
Here’s the full picture. ⇩
SPONSOR BREAK presented by Brownstone Research*
Elon Musk’s Empire Secretly Runs on This…
Elon has a new obsession.
It’s a material you’ve probably touched today without a second thought…
And the success of Elon’s entire AI operation depends on it.
But no matter what happens to Elon’s plans, one Wall Street trader has found a way for you to potentially profit from this market — every 90 days, like clockwork.
Get the one ticker at the center of it.
In Numbers…
A few more concrete numbers worth adding:
→ ~29.7 million shares — specifically offered by backers (Blackstone and Abu Dhabi Investment Authority) as part of the 43.5M total, meaning roughly two-thirds of the offering is existing owners selling down, not the company raising fresh capital
→ Trading debut: July 30 — NYSE, ticker JMKE
→ Lead underwriters: Morgan Stanley, Jefferies, JPMorgan
→ Almost all 3,300+ locations are franchised — worth noting alongside the store count since it explains the business model
→ ~300 additional stores planned for the UK and Ireland, via partnership with founder Peter Cancro
SPONSOR BREAK presented by Brownstone Research*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
Who Owns It — Before and After The IPO.
✱ Despite Jersey Mike’s IPO, Blackstone will still own roughly 70% of the company after trading begins Thursday. This isn’t a traditional private equity exit. It’s a way to realize some gains while keeping the biggest piece of the upside.
Blackstone acquired its majority stake in early 2025 in a deal valued at roughly $6 billio
n plus debt, though some reports put the total enterprise value closer to $8 billion depending on how debt is counted. Either way, taking the company public at an $8 billion valuation just 18 months later represents a remarkably quick value-creation story by private equity standards.
For Blackstone, the IPO isn’t the finish line. It’s proof the market agrees with its work—and it still has most of the company left to benefit if Jersey Mike’s keeps growing.
SPONSOR BREAK presented by MarketWise*
The Prophet’s” #1 Retirement Stock Right Now — Free
Whitney Tilson — the man CNBC calls “The Prophet,” twice featured on 60 Minutes — is revealing the name and ticker of what he calls America’s Greatest Retirement Stock.
Completely free.
It’s already outperformed Apple, Amazon, and the S&P 500 combined…
A billionaire put 60% of his $9 billion fund into it…
And Google’s former CEO just partnered with it directly.
Right now it’s trading at a rare discount.
>>> No email required. Get the name free.<<<
What’s Driving The Demand?↓
✱ The secret isn’t selling more sandwiches—it’s how Jersey Mike’s makes money.
With more than 3,300 locations, nearly all franchised, the company collects royalties and advertising fees while franchisees operate the restaurants. That asset-light model requires less capital, scales efficiently, and helps explain why EBITDA grew nearly three times faster than revenue.
Since acquiring its majority stake, Blackstone’s strategy has been surprisingly simple: improve operations, cut unnecessary costs, and leave the customer experience alone.
Sometimes the best turnaround isn’t reinventing the business—it’s making a good one run better.
✱ One more reason investors are hungry for shares
In the latest American Customer Satisfaction Index, Jersey Mike knocked Chick-fil-A out of the top spot in the American Customer Satisfaction Index.
SPONSOR BREAK presented by MarketWise*
130X Growth in ONE year. Here’s how to get in today.
This overlooked market is expected to soar another 2,000% as institutional money floods in. A Silicon Valley insider is sharing his #1 play for America’s latest money-making craze.
Click here to see how you could conservatively grow your money 10X or more.
Is It Worth The Price?
A very different bet than SpaceX — a business whose value depends on selling more sandwiches, not future AI projections.
At the top of its IPO range, Jersey Mike’s would trade at roughly twice the revenue multiple of Wingstop—a meaningful premium for a business that, at first glance, sells a pretty similar product.
So why are investors willing to pay up?
→ Part of the answer is operational. Jersey Mike’s grew EBITDA 29% last year, earned the highest customer satisfaction score among major quick-service chains, and runs an asset-light franchise model that tends to generate attractive margins.
→ The other part may simply be supply and demand. After a year dominated by AI and space IPOs, Wall Street finally has a chance to buy a recognizable consumer brand with a long operating history.
The premium may be justified—but it’s still a premium. And if inflation keeps squeezing consumers or the labor market softens further, Jersey Mike’s won’t be immune.
A Consumer IPO Wave Is Forming.
Jersey Mike’s may be grabbing the headlines, but it doesn’t look like a one-off.
Restaurant Brands—owner of Firehouse Subs—is already up about 10% this year, suggesting investors were warming to restaurant stocks before this week’s IPO. Now Jersey Mike’s and Reformation are pricing on the same day, while Inspire Brands has quietly entered the pipeline.
After a year dominated by AI labs, chipmakers, and space companies, Wall Street is finally seeing something different: consumer brands testing whether the IPO window has reopened.
If these deals perform well, don’t be surprised if more familiar names decide it’s time to go public.
Boring Can Be A Feature, Not A Bug.
Every major IPO we’ve covered this year has come wrapped in some version of the same question: how much of this valuation is real revenue, and how much is a bet on an AI story that hasn’t fully played out yet?
Jersey Mike’s doesn’t have that problem. Its entire pitch fits on a menu board — good sandwiches, franchised efficiently, growing steadily, run by a private equity owner disciplined enough to leave the actual product alone.
That doesn’t mean an 11× revenue multiple is cheap, or that the stock won’t be volatile after it starts trading.
But unlike many recent debuts, the investment case doesn’t depend on assigning a value to a future AI business or a technology that has yet to reach commercial scale.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
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Wait… The Sandwich Is Winning?
Apparently, Wall Street’s Bullish On BLTs…
If you’ve had enough AI headlines this week, Wall Street has a palate cleanser.
This one comes with lettuce, tomatoes, and a ticker symbol.
Jersey Mike’s is expected to price its IPO Wednesday at a valuation of up to $8 billion, after attracting demand for 10 times the shares available.
No AI chips. No trillion-dollar data centers. No billion-dollar startup investments. Just 3,300 sandwich shops, a 13% sales-growth year, and a business investors apparently couldn’t get enough of.
Here’s the full picture. ⇩
SPONSOR BREAK presented by Brownstone Research*
Elon Musk’s Empire Secretly Runs on This…
Elon has a new obsession.
It’s a material you’ve probably touched today without a second thought…
And the success of Elon’s entire AI operation depends on it.
But no matter what happens to Elon’s plans, one Wall Street trader has found a way for you to potentially profit from this market — every 90 days, like clockwork.
Get the one ticker at the center of it.
In Numbers…
A few more concrete numbers worth adding:
→ ~29.7 million shares — specifically offered by backers (Blackstone and Abu Dhabi Investment Authority) as part of the 43.5M total, meaning roughly two-thirds of the offering is existing owners selling down, not the company raising fresh capital
→ Trading debut: July 30 — NYSE, ticker JMKE
→ Lead underwriters: Morgan Stanley, Jefferies, JPMorgan
→ Almost all 3,300+ locations are franchised — worth noting alongside the store count since it explains the business model
→ ~300 additional stores planned for the UK and Ireland, via partnership with founder Peter Cancro
SPONSOR BREAK presented by Brownstone Research*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
Who Owns It — Before and After The IPO.
✱ Despite Jersey Mike’s IPO, Blackstone will still own roughly 70% of the company after trading begins Thursday. This isn’t a traditional private equity exit. It’s a way to realize some gains while keeping the biggest piece of the upside.
Blackstone acquired its majority stake in early 2025 in a deal valued at roughly $6 billio
n plus debt, though some reports put the total enterprise value closer to $8 billion depending on how debt is counted. Either way, taking the company public at an $8 billion valuation just 18 months later represents a remarkably quick value-creation story by private equity standards.
For Blackstone, the IPO isn’t the finish line. It’s proof the market agrees with its work—and it still has most of the company left to benefit if Jersey Mike’s keeps growing.
SPONSOR BREAK presented by MarketWise*
The Prophet’s” #1 Retirement Stock Right Now — Free
Whitney Tilson — the man CNBC calls “The Prophet,” twice featured on 60 Minutes — is revealing the name and ticker of what he calls America’s Greatest Retirement Stock.
Completely free.
It’s already outperformed Apple, Amazon, and the S&P 500 combined…
A billionaire put 60% of his $9 billion fund into it…
And Google’s former CEO just partnered with it directly.
Right now it’s trading at a rare discount.
>>> No email required. Get the name free.<<<
What’s Driving The Demand?↓
✱ The secret isn’t selling more sandwiches—it’s how Jersey Mike’s makes money.
With more than 3,300 locations, nearly all franchised, the company collects royalties and advertising fees while franchisees operate the restaurants. That asset-light model requires less capital, scales efficiently, and helps explain why EBITDA grew nearly three times faster than revenue.
Since acquiring its majority stake, Blackstone’s strategy has been surprisingly simple: improve operations, cut unnecessary costs, and leave the customer experience alone.
Sometimes the best turnaround isn’t reinventing the business—it’s making a good one run better.
✱ One more reason investors are hungry for shares
In the latest American Customer Satisfaction Index, Jersey Mike knocked Chick-fil-A out of the top spot in the American Customer Satisfaction Index.
SPONSOR BREAK presented by MarketWise*
130X Growth in ONE year. Here’s how to get in today.
This overlooked market is expected to soar another 2,000% as institutional money floods in. A Silicon Valley insider is sharing his #1 play for America’s latest money-making craze.
Click here to see how you could conservatively grow your money 10X or more.
Is It Worth The Price?
A very different bet than SpaceX — a business whose value depends on selling more sandwiches, not future AI projections.
At the top of its IPO range, Jersey Mike’s would trade at roughly twice the revenue multiple of Wingstop—a meaningful premium for a business that, at first glance, sells a pretty similar product.
So why are investors willing to pay up?
→ Part of the answer is operational. Jersey Mike’s grew EBITDA 29% last year, earned the highest customer satisfaction score among major quick-service chains, and runs an asset-light franchise model that tends to generate attractive margins.
→ The other part may simply be supply and demand. After a year dominated by AI and space IPOs, Wall Street finally has a chance to buy a recognizable consumer brand with a long operating history.
The premium may be justified—but it’s still a premium. And if inflation keeps squeezing consumers or the labor market softens further, Jersey Mike’s won’t be immune.
A Consumer IPO Wave Is Forming.
Jersey Mike’s may be grabbing the headlines, but it doesn’t look like a one-off.
Restaurant Brands—owner of Firehouse Subs—is already up about 10% this year, suggesting investors were warming to restaurant stocks before this week’s IPO. Now Jersey Mike’s and Reformation are pricing on the same day, while Inspire Brands has quietly entered the pipeline.
After a year dominated by AI labs, chipmakers, and space companies, Wall Street is finally seeing something different: consumer brands testing whether the IPO window has reopened.
If these deals perform well, don’t be surprised if more familiar names decide it’s time to go public.
Boring Can Be A Feature, Not A Bug.
Every major IPO we’ve covered this year has come wrapped in some version of the same question: how much of this valuation is real revenue, and how much is a bet on an AI story that hasn’t fully played out yet?
Jersey Mike’s doesn’t have that problem. Its entire pitch fits on a menu board — good sandwiches, franchised efficiently, growing steadily, run by a private equity owner disciplined enough to leave the actual product alone.
That doesn’t mean an 11× revenue multiple is cheap, or that the stock won’t be volatile after it starts trading.
But unlike many recent debuts, the investment case doesn’t depend on assigning a value to a future AI business or a technology that has yet to reach commercial scale.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
And Nvidia’s $5 Billion Investment Went To…
Building chips was just the beginning…
If every road in AI runs through Nvidia…one more $5 billion bet hardly seems unusual.
It started with a $500 billion-plus AI infrastructure partnership with SK Group.
Then came a $1 billion investment in NAVER to expand Korea’s sovereign AI infrastructure.
Then a $5 billion investment in Safe Superintelligence grabbed the headlines.
In about a week, Nvidia invested in an AI lab, expanded one of the world’s largest AI infrastructure partnerships, and was pursuing more than $750 billion in potential AI agreements.
One headline is news. A week like this starts looking like a strategy.
Here’s the full picture. ⇩
SPONSOR BREAK presented by DealMaker*
Nvidia’s valuation surged by 1,092% when it became the backbone of AI. But now there’s a problem Nvidia can’t solve: AI data centers are beginning to consume more power than entire nations like Sweden or Argentina.
Enter Frontieras. Their patented tech reforms coal, one of America’s most abundant resources, into hydrogen and diesel without burning it. With a coal-friendly White House, this could unlock up to $2.1T in energy potential.
Frontieras has reserved the “FASF” Nasdaq ticker and raised $30M+ from investors. Now you can join them.
Invest at $9.01/share before the share price changes after 8/6.
Disclaimer: This is a paid advertisement for Frontieras’s Regulation A offering. Please read the offering circular at https://invest.frontieras.com/. Reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Listing on the NASDAQ is subject to approvals.
Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.
Connect The Dots.
1 Safe Superintelligence (SSI) — $5 Billion
Nvidia’s biggest check of the week went to Ilya Sutskever’s AI startup. The deal includes access to Nvidia’s next-generation Vera Rubin platform, which the companies say could increase SSI’s computing power by 10x. According to reports, the partnership came together in just a matter of weeks.
2 SK Group — Up To $500 Billion
Nvidia expanded one of its biggest infrastructure partnerships yet, teaming up with SK Group to develop more than 2 gigawatts of AI data center capacity in South Korea—enough electricity to power roughly 1.5 million homes. The first AI factory is scheduled to open next year, while Nvidia and SK Hynix will also deepen their work on next-generation high-bandwidth memory, one of AI’s most critical hardware bottlenecks.
3 Naver — $1 Billion
Nvidia also invested $1 billion in Naver’s AI data center project with Brookfield, helping expand the planned facility to more than three times its original size. Investors liked what they heard: Naver shares climbed more than 8%, showing how a single Nvidia investment can move markets well beyond its own stock.
“We have research that is worthy of scaling up, and having access to a big NVIDIA computer will let us do so.“
— Ilya Sutskever, co-founder and CEO, Safe Superintelligence
Still Under Discussion:
✱ According to reports, Nvidia is also in talks to support OpenAI’s massive Ohio AI campus—potentially guaranteeing up to $250 billion in construction and lease financing, while separately discussing $350 billion in financing tied to OpenAI’s future chip purchases.
The negotiations remain preliminary and could still change or fall apart, but they offer a glimpse of how large Nvidia’s ambitions have become.
SPONSOR BREAK presented by DealMaker*
Nvidia’s valuation surged by 1,092% when it became the backbone of AI. But now there’s a problem Nvidia can’t solve: AI data centers are beginning to consume more power than entire nations like Sweden or Argentina.
Enter Frontieras. Their patented tech reforms coal, one of America’s most abundant resources, into hydrogen and diesel without burning it. With a coal-friendly White House, this could unlock up to $2.1T in energy potential.
Frontieras has reserved the “FASF” Nasdaq ticker and raised $30M+ from investors. Now you can join them.
Invest at $9.01/share before the share price changes after 8/6.
Disclaimer: This is a paid advertisement for Frontieras’s Regulation A offering. Please read the offering circular at https://invest.frontieras.com/. Reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Listing on the NASDAQ is subject to approvals.
Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.
The SK Group Deal, In Context↓
The SK Group partnership may prove even more important.
Beyond building more than 2 gigawatts of AI data center capacity, the agreement gives Nvidia a deeper relationship with SK Hynix—the world’s leading supplier of high-bandwidth memory (HBM), one of the biggest bottlenecks in AI hardware today. Add the first SK Telecom AI factory opening next year, and the partnership stretches across compute, memory, and infrastructure.
In other words, Nvidia isn’t just selling chips into the AI boom. It’s helping shape the supply chain that makes the boom possible.
So Why Did The Stock Fall?
→ -5.3% – Nvidia’s Monday decline — a roughly $250B drop in market value in one session
→ 82 bps – Nvidia’s 5-year credit default swap — the highest level ever recorded
The circular financing concern, explained plainly
Investors are increasingly worried about a specific pattern:
→ Over the past year, Nvidia has backed OpenAI, Safe Superintelligence, CoreWeave, Nebius, IREN, Naver, and now SK Group—companies that also happen to be major customers for Nvidia’s chips.
That’s raising a broader question: where does customer demand end and Nvidia’s financing begin?
!!! Short seller Michael Burry has publicly questioned this structure, arguing that Nvidia is increasingly helping fund the very demand driving its own revenue growth. Whether that concern proves justified remains to be seen, but investors are clearly paying attention.
The jump in Nvidia’s credit default swap (CDS)—essentially the cost of insuring against a company defaulting on its debt—suggests the market is assigning more risk to Nvidia’s growing role as both supplier and financier than ever before.
→ Nvidia CEO Jensen Huang has pushed back on the idea that the company is artificially creating demand for its own chips. His argument: Nvidia’s investments are only one piece of the financing puzzle. Customers still raise the vast majority of their capital from banks, private investors, and other funding sources.
One more thing this week.
✱ Nvidia also launched the Open Secure AI Alliance alongside Adobe, CrowdStrike, Dell, and Hugging Face—an industry coalition focused on making AI systems safer after recent concerns surrounding autonomous AI agents.
Nvidia says it will contribute open models, model weights, and research designed to improve how AI agents behave and respond.
On its own, it’s a relatively small announcement. In the context of everything else this week, it reinforces a bigger theme: Nvidia is trying to become part of every layer of the AI industry—from chips and infrastructure to software, security, and now AI safety.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
And Nvidia’s $5 Billion Investment Went To…
Building chips was just the beginning…
If every road in AI runs through Nvidia…one more $5 billion bet hardly seems unusual.
It started with a $500 billion-plus AI infrastructure partnership with SK Group.
Then came a $1 billion investment in NAVER to expand Korea’s sovereign AI infrastructure.
Then a $5 billion investment in Safe Superintelligence grabbed the headlines.
In about a week, Nvidia invested in an AI lab, expanded one of the world’s largest AI infrastructure partnerships, and was pursuing more than $750 billion in potential AI agreements.
One headline is news. A week like this starts looking like a strategy.
Here’s the full picture. ⇩
SPONSOR BREAK presented by DealMaker*
Nvidia’s valuation surged by 1,092% when it became the backbone of AI. But now there’s a problem Nvidia can’t solve: AI data centers are beginning to consume more power than entire nations like Sweden or Argentina.
Enter Frontieras. Their patented tech reforms coal, one of America’s most abundant resources, into hydrogen and diesel without burning it. With a coal-friendly White House, this could unlock up to $2.1T in energy potential.
Frontieras has reserved the “FASF” Nasdaq ticker and raised $30M+ from investors. Now you can join them.
Invest at $9.01/share before the share price changes after 8/6.
Disclaimer: This is a paid advertisement for Frontieras’s Regulation A offering. Please read the offering circular at https://invest.frontieras.com/. Reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Listing on the NASDAQ is subject to approvals.
Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.
Connect The Dots.
1 Safe Superintelligence (SSI) — $5 Billion
Nvidia’s biggest check of the week went to Ilya Sutskever’s AI startup. The deal includes access to Nvidia’s next-generation Vera Rubin platform, which the companies say could increase SSI’s computing power by 10x. According to reports, the partnership came together in just a matter of weeks.
2 SK Group — Up To $500 Billion
Nvidia expanded one of its biggest infrastructure partnerships yet, teaming up with SK Group to develop more than 2 gigawatts of AI data center capacity in South Korea—enough electricity to power roughly 1.5 million homes. The first AI factory is scheduled to open next year, while Nvidia and SK Hynix will also deepen their work on next-generation high-bandwidth memory, one of AI’s most critical hardware bottlenecks.
3 Naver — $1 Billion
Nvidia also invested $1 billion in Naver’s AI data center project with Brookfield, helping expand the planned facility to more than three times its original size. Investors liked what they heard: Naver shares climbed more than 8%, showing how a single Nvidia investment can move markets well beyond its own stock.
“We have research that is worthy of scaling up, and having access to a big NVIDIA computer will let us do so.“
— Ilya Sutskever, co-founder and CEO, Safe Superintelligence
Still Under Discussion:
✱ According to reports, Nvidia is also in talks to support OpenAI’s massive Ohio AI campus—potentially guaranteeing up to $250 billion in construction and lease financing, while separately discussing $350 billion in financing tied to OpenAI’s future chip purchases.
The negotiations remain preliminary and could still change or fall apart, but they offer a glimpse of how large Nvidia’s ambitions have become.
SPONSOR BREAK presented by DealMaker*
Nvidia’s valuation surged by 1,092% when it became the backbone of AI. But now there’s a problem Nvidia can’t solve: AI data centers are beginning to consume more power than entire nations like Sweden or Argentina.
Enter Frontieras. Their patented tech reforms coal, one of America’s most abundant resources, into hydrogen and diesel without burning it. With a coal-friendly White House, this could unlock up to $2.1T in energy potential.
Frontieras has reserved the “FASF” Nasdaq ticker and raised $30M+ from investors. Now you can join them.
Invest at $9.01/share before the share price changes after 8/6.
Disclaimer: This is a paid advertisement for Frontieras’s Regulation A offering. Please read the offering circular at https://invest.frontieras.com/. Reservation of the ticker symbol is not a guarantee that we will be listed on the NASDAQ. Listing on the NASDAQ is subject to approvals.
Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.
The SK Group Deal, In Context↓
The SK Group partnership may prove even more important.
Beyond building more than 2 gigawatts of AI data center capacity, the agreement gives Nvidia a deeper relationship with SK Hynix—the world’s leading supplier of high-bandwidth memory (HBM), one of the biggest bottlenecks in AI hardware today. Add the first SK Telecom AI factory opening next year, and the partnership stretches across compute, memory, and infrastructure.
In other words, Nvidia isn’t just selling chips into the AI boom. It’s helping shape the supply chain that makes the boom possible.
So Why Did The Stock Fall?
→ -5.3% – Nvidia’s Monday decline — a roughly $250B drop in market value in one session
→ 82 bps – Nvidia’s 5-year credit default swap — the highest level ever recorded
The circular financing concern, explained plainly
Investors are increasingly worried about a specific pattern:
→ Over the past year, Nvidia has backed OpenAI, Safe Superintelligence, CoreWeave, Nebius, IREN, Naver, and now SK Group—companies that also happen to be major customers for Nvidia’s chips.
That’s raising a broader question: where does customer demand end and Nvidia’s financing begin?
!!! Short seller Michael Burry has publicly questioned this structure, arguing that Nvidia is increasingly helping fund the very demand driving its own revenue growth. Whether that concern proves justified remains to be seen, but investors are clearly paying attention.
The jump in Nvidia’s credit default swap (CDS)—essentially the cost of insuring against a company defaulting on its debt—suggests the market is assigning more risk to Nvidia’s growing role as both supplier and financier than ever before.
→ Nvidia CEO Jensen Huang has pushed back on the idea that the company is artificially creating demand for its own chips. His argument: Nvidia’s investments are only one piece of the financing puzzle. Customers still raise the vast majority of their capital from banks, private investors, and other funding sources.
One more thing this week.
✱ Nvidia also launched the Open Secure AI Alliance alongside Adobe, CrowdStrike, Dell, and Hugging Face—an industry coalition focused on making AI systems safer after recent concerns surrounding autonomous AI agents.
Nvidia says it will contribute open models, model weights, and research designed to improve how AI agents behave and respond.
On its own, it’s a relatively small announcement. In the context of everything else this week, it reinforces a bigger theme: Nvidia is trying to become part of every layer of the AI industry—from chips and infrastructure to software, security, and now AI safety.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Why Did Apple Just Beat Nvidia?
Apple Is Back On Top…
The AI race has largely become a contest of who can spend the most. Apple AAPL ( ▲ 1.17% ) quietly chose a different game.
While Nvidia has reportedly guaranteed a $250 billion investment tied to OpenAI infrastructure, Apple’s AI strategy has centered on a partnership reportedly worth about $1 billion annually.
The result? Apple reclaimed the crown as the world’s most valuable company while its own AI capital spending declined for three consecutive quarters.
Here’s the full picture. ⇩
SPONSOR BREAK presented by MarketWise*
Get rid of overpriced AI stocks before a scheduled announcement on July 31st threatens to reshuffle the stock market’s winners and losers. Smaller, lesser-known names are now showing the overwhelming potential to dethrone AI’s Magnificent 7. On July 31st , this little-known stock in particular could soar while Tesla faceplants.
Get the name and ticker of this stock on your radar now…
The Crown, Changing Hands Again.
Apple and Nvidia have traded the No. 1 spot several times this year.
But that’s not the story.
This time, investors appear to be rewarding something different: restraint.
While Nvidia has become the face of the AI spending boom, Apple has largely stayed on the sidelines—yet still reclaimed the crown.
And the market is starting to reward who spends the smartest.
SPONSOR BREAK presented by Brownstone*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
Side By Side:
✱ Why the Gemini deal is smarter than it looks.
→ Apple avoided one of the AI race’s biggest expenses.
→ Google skipped one of its hardest challenges.
→ Apple gets Gemini without building massive AI infrastructure.
→ Google gets Gemini in front of hundreds of millions of Apple users overnight.
Compared with Nvidia’s enormous infrastructure bet on OpenAI, it’s a very different way to compete.
SPONSOR BREAK presented by MarketWise*
The Prophet’s” #1 Retirement Stock Right Now — Free
Whitney Tilson — the man CNBC calls “The Prophet,” twice featured on 60 Minutes — is revealing the name and ticker of what he calls America’s Greatest Retirement Stock.
Completely free.
It’s already outperformed Apple, Amazon, and the S&P 500 combined…
A billionaire put 60% of his $9 billion fund into it…
And Google’s former CEO just partnered with it directly.
Right now it’s trading at a rare discount.
>>> No email required. Get the name free.<<<
How That’s Actually Played Out In The Stock↓
✱ The criticism has flipped. Apple’s slower approach to AI was once seen as falling behind.
Today, it looks more like a decision to avoid the expensive infrastructure buildout now pressuring much of the industry.
SPONSOR BREAK presented by Paradigm*
Trump to Unleash Giant $2.7 Trillion Gold Mine?
Executive Order #14153 outlines what Jim Rickards believes are Trump’s intentions to unleash the largest mineral reserve in the country.
According to Jim’s research, he estimates it contains up to $2.7 trillion in gold, silver, copper, and other precious elements
This single company – trading for just $2 per share – holds 100% of the rights to this asset.
But you need to act before November 3 to take advantage before the President makes his next move…
That’s when a landmark policy decision could reprice this $2 stock, overnight.
This opportunity is so explosive, it’s possible shares could skyrocket 50-times or more by the end of Trump’s term.
But – time’s running out.
Go here to get the full details before this stock soars.
Turns out, “doing less”= payoff…
Or the contrarian case for Apple 🍎.
Some analysts argue Apple has become the market’s biggest AI contrarian. While much of the Magnificent Seven is pouring tens of billions into AI infrastructure, Apple has largely avoided the spending spree.
Rather than competing in the AI infrastructure arms race, Apple is leaning on partners, on-device AI, and its ecosystem to drive the next upgrade cycle.
✱ If that works, the company could benefit from AI demand without carrying the same capital burden as many of its peers.
!!! A quick reality check: This is one analyst’s thesis, not Wall Street consensus. While the facts behind the argument are public, the conclusion—that Apple deserves a higher valuation than Nvidia—is an opinion. Plenty of Nvidia bulls believe its next generation of AI chips and continued infrastructure demand justify its own premium.
One more thing to watch Thursday.
✱ Thursday’s earnings will be Tim Cook’s last as Apple’s CEO before handing the role to John Ternus on September 1.
The handoff comes at an interesting moment: Apple is trying to expand its AI ambitions while avoiding the spending surge weighing on many of its peers.
Investors will be listening closely for signs that strategy remains intact.
Don’t forget to cast your vote 👇
Lesson Of The Day:
Was this email forwarded to you? Don’t miss out on future stories — subscribe using the button below.
Also, help your friends blossom this spring! Share us with them.
💬 We Want To Hear Your Story:
Got a market or stock you want us to analyze next?
Just drop your request in the comments here.
P.S. – If you no longer want to receive occasional emails from us and you want to unsubscribe, click here 👉 “Unsubscribe” . Thank you!
Why Did Apple Just Beat Nvidia?
Apple Is Back On Top…
The AI race has largely become a contest of who can spend the most. Apple AAPL ( ▲ 1.17% ) quietly chose a different game.
While Nvidia has reportedly guaranteed a $250 billion investment tied to OpenAI infrastructure, Apple’s AI strategy has centered on a partnership reportedly worth about $1 billion annually.
The result? Apple reclaimed the crown as the world’s most valuable company while its own AI capital spending declined for three consecutive quarters.
Here’s the full picture. ⇩
SPONSOR BREAK presented by MarketWise*
Get rid of overpriced AI stocks before a scheduled announcement on July 31st threatens to reshuffle the stock market’s winners and losers. Smaller, lesser-known names are now showing the overwhelming potential to dethrone AI’s Magnificent 7. On July 31st , this little-known stock in particular could soar while Tesla faceplants.
Get the name and ticker of this stock on your radar now…
The Crown, Changing Hands Again.
Apple and Nvidia have traded the No. 1 spot several times this year.
But that’s not the story.
This time, investors appear to be rewarding something different: restraint.
While Nvidia has become the face of the AI spending boom, Apple has largely stayed on the sidelines—yet still reclaimed the crown.
And the market is starting to reward who spends the smartest.
SPONSOR BREAK presented by Brownstone*
What is Trump’s decade-long obsession?
No president has moved markets like Trump.
He has a history of adding and wiping trillions from a market, seemingly at will.
But Larry says all of that was just the warm-up.
Because one plan has obsessed Trump for over a decade. Larry believes it’s about to send billions flooding into a single ticker.
If you want to get ahead of Trump’s next move – check out this presentation with Larry where he gives the name of that ticker for free.
Click here now while you’re still early..
Side By Side:
✱ Why the Gemini deal is smarter than it looks.
→ Apple avoided one of the AI race’s biggest expenses.
→ Google skipped one of its hardest challenges.
→ Apple gets Gemini without building massive AI infrastructure.
→ Google gets Gemini in front of hundreds of millions of Apple users overnight.
Compared with Nvidia’s enormous infrastructure bet on OpenAI, it’s a very different way to compete.
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The Prophet’s” #1 Retirement Stock Right Now — Free
Whitney Tilson — the man CNBC calls “The Prophet,” twice featured on 60 Minutes — is revealing the name and ticker of what he calls America’s Greatest Retirement Stock.
Completely free.
It’s already outperformed Apple, Amazon, and the S&P 500 combined…
A billionaire put 60% of his $9 billion fund into it…
And Google’s former CEO just partnered with it directly.
Right now it’s trading at a rare discount.
>>> No email required. Get the name free.<<<
How That’s Actually Played Out In The Stock↓
✱ The criticism has flipped. Apple’s slower approach to AI was once seen as falling behind.
Today, it looks more like a decision to avoid the expensive infrastructure buildout now pressuring much of the industry.
SPONSOR BREAK presented by Paradigm*
Trump to Unleash Giant $2.7 Trillion Gold Mine?
Executive Order #14153 outlines what Jim Rickards believes are Trump’s intentions to unleash the largest mineral reserve in the country.
According to Jim’s research, he estimates it contains up to $2.7 trillion in gold, silver, copper, and other precious elements
This single company – trading for just $2 per share – holds 100% of the rights to this asset.
But you need to act before November 3 to take advantage before the President makes his next move…
That’s when a landmark policy decision could reprice this $2 stock, overnight.
This opportunity is so explosive, it’s possible shares could skyrocket 50-times or more by the end of Trump’s term.
But – time’s running out.
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Turns out, “doing less”= payoff…
Or the contrarian case for Apple 🍎.
Some analysts argue Apple has become the market’s biggest AI contrarian. While much of the Magnificent Seven is pouring tens of billions into AI infrastructure, Apple has largely avoided the spending spree.
Rather than competing in the AI infrastructure arms race, Apple is leaning on partners, on-device AI, and its ecosystem to drive the next upgrade cycle.
✱ If that works, the company could benefit from AI demand without carrying the same capital burden as many of its peers.
!!! A quick reality check: This is one analyst’s thesis, not Wall Street consensus. While the facts behind the argument are public, the conclusion—that Apple deserves a higher valuation than Nvidia—is an opinion. Plenty of Nvidia bulls believe its next generation of AI chips and continued infrastructure demand justify its own premium.
One more thing to watch Thursday.
✱ Thursday’s earnings will be Tim Cook’s last as Apple’s CEO before handing the role to John Ternus on September 1.
The handoff comes at an interesting moment: Apple is trying to expand its AI ambitions while avoiding the spending surge weighing on many of its peers.
Investors will be listening closely for signs that strategy remains intact.
Don’t forget to cast your vote 👇
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