November 2, 2025 | AMZN, Daily JAM, GOOG, Jubak Picks, Mid Term, MSFT, Short Term, Top 50 Stocks |
No slowdown on plans for AI capital spending in earnings results this past week from Big Tech. Alphabet/Google (GOOG) said it was increasing what it planned to spend on A.I. data center projects this year by $6 billion, after spending nearly $64 billion over the past nine months. Microsoft (MSFT) said it had spent $35 billion in its latest quarter, $5 billion more than it had told investors to expect just a few months ago.
Amazon (AMZN) said it would be “very aggressive” in adding more data centers and would spend $125 billion this year-— and even more next year. Meta Platforms (META) raised its spending forecast to at least $70 billion by the end of the year, which would be nearly double what it spent last year. The stock market reaction wasn’t unalloyed joy. Investors seemed generally positive on spending plans from Alphabet, Microsoft, and Amazon. And skeptical of Meta’s strategy and spending.
October 21, 2025 | CCJ, Daily JAM, Jubak Picks, Top 50 Stocks |
Third, the intense competition to lock up sources of decently priced and reliable electricity: Pick #6: Cameco
August 27, 2025 | Daily JAM, Long Term, Morning Briefing, NVDA, Top 50 Stocks |
Nvidia’s basic problem is that investor expectations are so high that the company struggles to meet them. In the quarter ended on July 27, results released today after the close of trading, Nvidia said it earned an adjusted $1.05 per share on $46.74 billion in revenue. Which disappointed the market. The stock fell 3.03% in after-hours trading.
August 5, 2025 | Daily JAM, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
For the coming fiscal year, big tech’s total capital expenditure on AI is slated to balloon, leaving the total for 2024 in the dust. In total, the four tech companies will spend more than $400 billion on capex in the coming year, according to the Wall Street Journal.
May 28, 2025 | Daily JAM, Morning Briefing, NVDA, Top 50 Stocks |
Shares of NVIDIA were up 4.51% in after-hpurs trading after the comply reported earnings .
May 25, 2025 | Daily JAM, Morning Briefing, Short Term, Top 50 Stocks |
The most important event of the short week ahead will be Nvidia’S (NVDA) report–after the market close on Wednesday, May 28, of earnings for the fiscal first quarter of 2026 that ended in April 2025.
Expect volatility. Both in Nvidia’s results and in the market where the numbers are likely to move stocks in the tech sector. Going into the report even analyst consensus estimates were volatIle with Zacks Investment Research putting the consensus estimate at 80 cents a share. Matching the higher consensus would mean year over year earnings growth of 44%. Revenue is projected at $43.4 billion. That would be 66% growth year over year.
March 23, 2025 | Daily JAM, Jubak Picks, Long Term, Mid Term, Stock Alerts, TCEHY, Top 50 Stocks, Volatility |
On Monday, March 24, I’m adding these Tencent ADRs (TCEHY) TO my Jubak Picks and Volatility Portfolios.
February 5, 2025 | AMD, Daily JAM, INTC, NVDA, Top 50 Stocks |
Yesterday, February 4, after the close of trading Advanced Micro Devices (AMD) reported record revenue growth for the fourth quarter. The chipmaker even reported growth in market share at the expense of rival Intel (INTC).
Yet in after-hours reading the stock dropped 8.80%. Today’s regular session confirmed the tumble with a 6.27% tumble. The problem for AMD, revenue growth in the company’s data center unit, which competes in the market for AI chips with Nvidia (NVDA) revenue slowed. The problem for the tech sector as a whole, and especially AI stocks, is that the dip in the growth rate for data center revenue was to a “disappointing” 69% rate. That’s only disappointing in comparison to the a year-over-year growth rate of of 122% that the company reported for the third quarter of 2024. This raises the important question for AI and tech stocks: Are current valuations for the stocks predicated on unachievable exceptions for extraordinarily high growth rates for unrealistically long time periods?
November 4, 2024 | CNH, Daily JAM, DE, Jubak Picks, Morning Briefing, Stock Alerts, Top 50 Stocks |
Today I added CNH Industrial (CNH) as Pick #7 for my Special Report “10 new stock ideas for an old rally.” I also added the stock to my Jubak Picks Portfolio. Here’s what I wrote:
I like farm equipment maker CNH Industrial for the same reason I own Deere (DE) in my long-term 50 Stocks Portfolio. In the long term the world’s farmers are facing a huge challenge: produce more food as an increasingly chaotic climate makes growing stuff harder and harder. One important piece of the solution is a new generation of intelligent farm equipment that uses artificial intelligence to guide everything from when to plant to when to fertilize. At the moment, though, I like CNH more on price. CNH, the #2 farm equipment maker, is invitingly attractive because it is so cheap, absolutely and in comparison to Deere.
October 27, 2024 | Daily JAM, Top 50 Stocks, TSM |
Last night I added a third potential Harris election victory winner to my Special Report “10 trump and 10 Harris winners. Here’s what I wrote about Taiwan Semiconductor Manufacturing (TSM) in that post.
October 20, 2024 | AAPL, Daily JAM, GOOG, Jubak Picks, MSFT, NVDA, Top 50 Stocks |
Amazon’s (AMZN) earnings report on Thursday, October 24, will start the Big Tech Earnings Parade off with a bang. Wall Street analysts are expecting the company to report earnings of $1.14 a share for the third quarter. That would be up from 85 cents a share in the third quarter of 2023. That would be a 34% jump in year over year earnings. Which would certainly be a great lead in to earnings from Alphabet (GOOG), Apple (AAPL), Microsoft (MSFT) and Meta Platforms (META) the following week.
September 23, 2024 | BRK/B, Daily JAM, Jubak Picks, LNG, PFE, PYPL, QCOM, Special Reports, Top 50 Stocks, VMC, Volatility, WST |
The Standard & Poor’s 500 Index had a banner first half of 2024 with the index climbing more than 17% as of June 30. But two-thirds of that gain is attributable to just six stocks: Nvidia (NVDA), Microsoft (MSFT), Alphabet (GOOG), Amazon.com (AMZN), Meta Platforms (META), and Apple (AAPL.).Track the performance of equal-weighted version of the S&P 500–rather than the commonly tracked index where the contribution of any stock to the index is weighted by market cap–and the index was up just 3.9% in the first half of 2024. For the second half of 2024 and looking ahead to 2024, I’m not so much worried about the fundamentals of this extraordinary rally as I am by a failure of market imagination Everybody owns the same 6 stocks. Hey, I get the excitement around these stocks and the boom in Artificial Intelligence. I share it. Which is why I own shares of Nvidia, Amazon, and Alphabet in my online portfolios. But there are 494 other stocks in the S&P 500. And 2000 stocks in the small-cap Russell 2000.(Up 9% in the first half of 2024.)After a rally that has recorded 30 new record highs for the S&P 500 just the first half of n 2024, some of that other 494–or 2000–are actually better stock buys, and likely to out perform the 6 stocks everybody owns from their current record high prices. But which ones? That’s what my Special Report: “10 New Stock Ideas for an Old Rally” is all about.
