April 3, 2025 - Quote of the Day
“Stock prices have reached what looks like a permanently high plateau,” said economist Irving Fisher….just before the 1929 stock market crash.
Entries by Douglas Davenport
The Algorithmic Abyss: How AI Deregulation Threatens to Plunge Financial Markets into Chaos
Washington D.C. - A seismic shift is underway in the landscape of financial regulation, as burgeoning calls for the deregulation of artificial intelligence (AI) within the sector gain momentum. While proponents tout the potential for innovation and efficiency, a growing chorus of experts warns that unchecked AI deployment could unleash unprecedented volatility and systemic risk
BLOOD-OATH NDAS AND BOURBON-FUELED PREDICTIONS
(NVDA), (AAPL), (NFLX), (AMD), (IBM), (AMZN), (GOOGL), (META) I was sipping an overpriced airport cappuccino when Jensen Huang strutted onto the GTC 2025 stage. My seatmate didn't recognize him, but I'd been at a private dinner with one of Nvidia's VPs the night before. After 40 years covering tech from Tokyo to Wall Street, you
FORGET THE HERD, FOLLOW THE ENGINEERS
(MRVL), (MSFT), (NVDA), (META), (AVGO) Back in 1981, when I was tramping through the backcountry of Japan researching semiconductor factories, a wise old engineer told me something I've never forgotten: "Young man, in technology, the custom always beats the commodity." Four decades later, watching Marvell Technology's (MRVL) strategic pivot to custom AI silicon, that weathered
WHY I'M BREAKING MY OWN RULES FOR THIS AI STOCK
(TEM), (ILMN) Last weekend, my daughter, the computer science whiz studying at UC, called me with a question about healthcare AI companies for her investment project. "Dad, my professor says these healthcare AI stocks are just cash incinerators with no path to profitability," she explained. "Should I avoid the whole sector?" I was cutting vegetables
Oracle Financial Services Supercharges Investigation Hub with AI Agents, Revolutionizing Financial Crime Detection
Oracle Financial Services Supercharges Investigation Hub with AI Agents, Revolutionizing Financial Crime Detection In a significant leap forward for financial crime prevention, Oracle Financial Services has unveiled a major enhancement to its Investigation Hub Cloud Service, integrating a powerful suite of artificial intelligence (AI) agents and agentic workflows. This advancement promises to dramatically accelerate and
DEEPSEEK SPOOKED THE MARKET, THIS AI STOCK CASHED THE CHECK
(AVGO), (MSFT), (AMZN), (GOOG), (META), (INTC), (MRVL) The panicked messages flooded my inbox last week as tech stocks took a nosedive. One subject line simply read: "BROADCOM - SELL NOW???" Another longtime reader called me at 5:30 AM (clearly forgetting about time zones) asking if the AI bubble had finally burst. His portfolio was bleeding
Together, AI: Democratizing Access to Foundation Models, One API Call at a Time
In the burgeoning landscape of artificial intelligence, where massive foundation models (FMs) reign supreme, a new player has emerged, promising to democratize access and accelerate innovation. Together, AI, a startup founded by a team of seasoned AI researchers and engineers, is rapidly gaining traction with its platform designed to simplify the development and deployment of
Deaglo: Revolutionizing FX Risk Management with AI
In the dynamic world of international finance, where currency fluctuations can significantly impact business outcomes, effective foreign exchange (FX) risk management is paramount. Deaglo, a pioneering FinTech company, is at the forefront of this critical domain, leveraging cutting-edge technology to empower businesses and financial institutions with unprecedented control over their FX exposures. A Visionary Approach
AN AI PLAYER NOBODY'S TALKING ABOUT
(CLS), (MSFT), (GOOG), (GOOGL), (NVDA) I was driving back from Salt Lake City a few weeks ago when I got a call from a former Concierge Service client who runs a drone manufacturing business. His story is remarkable - what started as a hobby five years ago now generates $40 million in revenue, with military