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The Latest Breaking News from Daniel Newman

Jim Cramer Mocks IREN's Dilution As Unnecessary, While Bulls Jackson, Boloor Hail 'Carvana-Style' Balance Sheet Cleanup

IREN Ltd.'s (NASDAQ:IREN) announcement of a massive $2 billion convertible note offering triggered a fierce debate among high-profile market commentators. While CNBC's Jim Cramer ridiculed the financing as unwanted dilution, prominent tech investors are defending the move as a strategic “masterstroke” essential for long-term survival.

Benzinga

Nvidia Denies Enron Comparisons: Newman Slams Bear Thesis On Accounting Issues As 'Garbage'

The CEO of Futurum Group, Daniel Newman, blasted the current wave of bearish sentiment surrounding Nvidia Corp. (NASDAQ:NVDA) on Tuesday, calling the theories that forced the chip behemoth to formally deny comparisons to historical frauds as “garbage.”

Benzinga

Michael Burry Doubles Down On AI Bubble Claims As Short Trade Backfires: Says Oracle, Meta Are Overstating Earnings By 'Understating Depreciation'

Famed investor Michael Burry is doubling down on his AI bubble claims, as his short position backfires following the rally in key stocks early this week.

Benzinga

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Qualcomm Q4: Analysts Expect Earnings Beat With Solid 5G Business, But Question AI Monetization Timeline

Analysts expect Qualcomm Inc. (NASDAQ:QCOM) to report a fourth-quarter earnings beat, driven by sustained strength in its core 5G handset business. However, this expected solid performance is set against a backdrop of increasing questions from analysts and investors about the tangible timeline for monetizing the company’s significant investments in artificial…

Benzinga

Market Wants More AMD Datacenter Growth Despite OpenAI Win, Must Answer Nvidia's $500 Trillion Orders, Says Daniel Newman

Despite surpassing Wall Street expectations in its third-quarter results, Advanced Micro Devices Inc. (NASDAQ:AMD) saw its shares tumble as Futurum Group CEO Daniel Newman said that investors were looking for stronger signals of accelerating AI and datacenter momentum.

Benzinga

Gene Munster Says 'Little Changes' To The Margin Can Have Significant Impact On Amazon's Earnings And Its Valuation As Stock Pops After Hours

On Thursday, Amazon.com Inc. (NASDAQ:AMZN) surged 13.16% in after-hours trading after the company delivered third-quarter results that beat Wall Street expectations.

Benzinga

Qualcomm's Entry Into The AI Race Splits Analysts: 'Still Early,' But The Stock's Rally Is A Potential 'Fade,' Says BoFA

Leading analysts are divided over Qualcomm Inc.‘s (NASDAQ:QCOM) entry into the AI chip market, aimed at challenging NVIDIA Corp.‘s (NASDAQ:NVDA) dominance in this multi-billion-dollar segment.

Benzinga

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Jane Street Takes 5% Stake In BTC Miner Cipher Mining That Eric Jackson Bet On

Cipher Mining Inc. (NASDAQ:CIFR) has captured the market’s attention after quantitative trading behemoth Jane Street Group, LLC disclosed a 5% passive stake in the company. The Schedule 13G filing, detailing an aggregate 19.68 million share position, was first highlighted in an SEC filing dated Oct. 24.

Benzinga

Online Search A Battleground For AI Titans

Tech firms battling for supremacy in artificial intelligence are out to transform how people search the web, challenging the dominance of the Chrome browser at the heart of Google's empire.

International Business Times

Nvidia Partner WiWynn's Record Backlog A Sign That AI Bubble Fears Are Unfounded: Futurum CEO Daniel Newman Says, 'Can't Build Factories Fast Enough…'

On Thursday, Daniel Newman, CEO of The Futurum Group, dismissed fears of an AI bubble, pointing to Nvidia Corporation (NASDAQ:NVDA) partner WiWynn's massive backlog and warning that demand is so strong that factories can't be built fast enough.

Benzinga

Thinnest iPhone Ever, Longest Battery: Enough To Spark A Supercycle For Apple? — Daniel Newman Has Doubts

On Tuesday, Apple Inc.'s (NASDAQ:AAPL) "Awe Dropping" event drew a mix of enthusiasm and skepticism from analysts, who praised the company's camera upgrades and thinner designs but questioned whether the iPhone 17 lineup offers enough innovation to ignite investor excitement.

Benzinga

Apple's Upcoming 'Awe Dropping' Event With iPhone 17 Air Draws Criticism As Commentator Daniel Newman Slams 'Lack Of Innovation'

As Apple Inc. (NASDAQ:AAPL) gears up for its highly anticipated iPhone 17 launch, industry analyst Daniel Newman has criticized the company for relying on predictable upgrades rather than delivering innovation.

Benzinga

'Trump Wasn't Hired To Run A Hedge Fund,' Says Peter Schiff As Intel Deal Divides Experts Amid Calls To Break Taiwan Dependence For Chips

Economists and tech analysts are divided over President Donald Trump's decision to give the U.S. government a 10% stake in Intel Corporation (NASDAQ:INTC), with some calling it unconstitutional and others praising it as crucial for national security and semiconductor independence.

Benzinga

Nvidia's China Trouble Could Spoil Q3 Outlook, Analyst Warns—'Might Exclude Direct Revenue From...'

Nvidia Corporation (NASDAQ:NVDA) could potentially guide below Wall Street expectations for the Q3 quarter, despite the anticipation of strong earnings for the July quarter, stated KeyBanc Capital Markets.

Benzinga

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Benzinga

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel Corporation (NASDAQ:INTC) shares tumbled on Wednesday as the struggling chipmaker reportedly searches for more investors after a $2 billion capital injection from SoftBank Group (OTC:SFTBF) (OTC:SFTBY), while the Donald Trump administration considers taking a direct stake in the company.

Fortune

Meta wants to speed its race to ‘superintelligence’—but investors will still want their billions in ad revenue

Mark Zuckerberg has hired a new AI all-star team, but Facebook, Instagram, and Ray-Bans are still getting most of the love.

Benzinga

China Doesn't Need Nvidia? Futurum CEO Calls That 'Next-Level Nonsense' — Dan Ives Reacts With A Fiery Response

On Tuesday, Daniel Newman, CEO of Futurum Group, dismissed the idea that China can move on without Nvidia Corporation (NASDAQ:NVDA).

Benzinga

Nvidia's Jensen Huang: China Doesn't Need US Chips

Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang said that the Chinese military is not using his company's chips due to export controls and tensions between the U.S. and China.

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International Business Times UK

Apple's Great Escape: India iPhone Exports to US Soar 76% as China Falls Behind

India is rapidly emerging as a crucial iPhone manufacturing hub, with exports to the US soaring 76% in April—this shift is driven by Apple's 'made in India' push.

Fortune

Tariffs are tanking tech stocks, so why is Microsoft escaping the worst of the bloodbath?

While most of the 'Magnificent 7' Big Tech stocks post double-digit percentage declines, Microsoft's enterprise-heavy, AI-driven business is faring decidedly better.

Fortune

Inside Amazon’s stealthy chip lab powering its $8 billion AI bet on Anthropic

Amazon acquired a stealthy chip startup a decade ago. Now that company is a key player in Amazon's cloud AI strategy—and its huge investment in Anthropic.

Fortune

Nvidia CEO Jensen Huang debuts new AI platform to dominate the ‘ChatGPT moment’ in robotics

Nvidia extends its big bet on providing the 'picks and shovels' for a coming robotics boom.

Windows Central

"Bad news is the AI PC and AI smartphone 'supercycle' has more or less been a bust." Copilot+ PCs made a dramatic entrance in 2024, and then their sales fell flat. But are they doomed?

Copilot+ PCs had a disastrous launch and did not meet sales expectations, but are they a bust?

Tom’s Hardware

AI PC revolution appears dead on arrival — 'supercycle’ for AI PCs and smartphones is a bust, analyst says

Micron’s worse-than-expected forecast for the second quarter is down to low demand for AI PCs and smartphones.

Benzinga

Chinese Antitrust Investigation Into Nvidia 'All Speculative': Tech Expert

Tech experts seemed to downplay Chinese regulators' investigation into Nvidia over an alleged breach of antitrust regulations.

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