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Rise and shine! It’s FRY-nancial FRY-day, so get ready to feast on some tasty AI finance tips that might be too hot to handle. 🔥

*Nothing we offer constitutes investment advice. Our aim is to report the latest happenings and teach you how to use the newest AI finance tools.*

🤯 MYSTERY AI LINK 🤯

(The mystery link can lead to ANYTHING AI-related: tools, memes, articles, videos, and more…)

🔨 AI FINANCE TOOLS OF THE DAY

💰 Principal: An AI-powered wealth platform. → Check it out

💻 DataRails: Supercharge Excel for smarter financial planning and analysis. → Check it out

📈 Wingman: Have AI track your investments so you don’t have to. → Check it out

SALTY STORIES OF THE WEEK 🧂

Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:

• Taiwan Semiconductor Manufacturing (TSMC) reported a 33% revenue growth for August. This increase reflects surging chip demand and is also driven by the fact that TSMC provides the main processor for Apple’s new iPhone 16. TSMC remains on track to exceed analysts’ projections for the third quarter, with a forecasted 37% growth. (Read More)

• Smartcat raised $43 million in a Series C funding round led by Left Lane Capital. This brings the company’s total raised to $70 million. Smartcat, founded in 2016 by Ivan Smolnikov, offers automated translation tools and services to enterprises worldwide, handling over 280 languages. (Read More)

• Oracle and Amazon are teaming up on an AI initiative called Oracle Database@AWS. The collaboration will enable customers to benefit from multi-cloud strategies, blending the strengths of both AWS and Oracle’s cloud infrastructure. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

Q: What does a snowman eat for breakfast?

A: Snow flakes! ❄️

This week’s diamond in the rough: Snowflake (SYM).

How is AI helping Snowflake? Snowflake has established itself as a major player in the data management space, offering a robust combination of data lake and warehouse solutions that cater to enterprises leveraging AI and big data analytics. Its platform, which operates seamlessly across multiple public clouds, allows businesses to store, process, and analyze data without the challenges of data silos or high transformation costs. This flexibility positions Snowflake as a key partner for organizations transitioning to cloud-based operations.

Why is Snowflake looking up? Despite being classified as a no-moat company, Snowflake’s stock currently trades below its fair value estimate of $187. With the growing demand for cloud-based data processing and AI-driven insights, the company’s innovative interoperable platform offers an advantage over other solutions. As enterprises continue to generate and analyze vast amounts of data for their AI projects, Snowflake’s platform might gain traction and become a leader in cloud data solutions.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

FRY-NANCIAL TOOL OF THE WEEK 🔧

FYI: We don’t receive any compensation for sharing this tool. We just find it FRY-tastic! 🤪

What’s the tool? PayPal Honey is a free Chrome extension that finds the latest cash back offers and coupon codes while you shop online and then automatically applies them when you check out.

How does it work?

1. Download the extension: Add the shopping extension to your browser.

2. Shop online: As you shop, PayPal Honey will automatically search for discount offers and coupons in the background.

3. Save big: At checkout, PayPal Honey will compile any eligible active coupons and discounts for the product(s) and automatically apply the biggest savings.

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, Xander! 🎉

Xander gave us a Fresh and Crispy review and wrote, “These emails are great! That’s not something I say very often in regards to emails LOL.”

(Leave a comment for us in any newsletter, and you could be featured next week!)

YESTERDAY’S POLL RESULTS 📊

Featured comments:

“AI is here whether we like it or not, so we should make the best of it!” (Positive. 🤖)

“It’s as if no one has ever seen a sci-fi movie.” (Negative. 🚫)

“Fingers crossed that the evilness in the world doesn't win out with AI.” (Positive. 🤖)

HAS AI REACHED SINGULARITY? CHECK OUT THE FRY METER BELOW: