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Nvidia soars to #1
It’s been a historic week in AI finance, and FRY-nancial FRY-day is here to fill you in on the details! 🤑
*Nothing in this newsletter 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…)
Today’s Menu
Appetizer: Salty Stories of the Week 🧂
Entrée: This Week’s Diamond in the Rough 💎
Dessert: FRY-nancial Tool of the Week 🔧
🔨 AI FINANCE TOOLS OF THE DAY
🤝 Splitster (App): Easily split group expenses. → Check it out
🔄 Apelsin Money: An easy-to-use currency converter and tracker. → Check it out
💰 Drift: Integrate a smooth crypto checkout experience with just one line of code. → Check it out
SALTY STORIES OF THE WEEK 🧂
Want some seasoning? Here are the saltiest AI stories in FRY-nance from this week:
This week, Nvidia became the world’s largest company, surpassing Apple’s market capitalization amid the surging demand for hardware to train AI. On Tuesday, Nvidia’s value reached $3.43 trillion, edging out Apple’s $3.38 trillion. This marks a remarkable climb for the chipmaker, which has seen an astonishing 850% growth since late 2022. (Read More)
Trump has won the presidential nomination, which has significant impacts on the value of AI companies. A Trump-led administration is expected to prioritize AI, benefiting major tech firms like Microsoft, Amazon, and Google as well as providing economic opportunities, tax breaks, and less regulations for both large and small developers. (Read More)
A recent Experian report revealed that 67% of Gen Z and 62% of millennials use AI to manage their personal finances, from budgeting to investment planning. Generative AI tools like ChatGPT are especially popular, with many users citing their accessibility and ease of use. (Read More)
THIS WEEK’S DIAMOND IN THE ROUGH 💎
I got a job at a paperless office. Everything was great until I needed to use the bathroom … 😳
How is AI helping Workday? According to Gartner, about one-fifth of companies will streamline their organizational structures with AI by 2026. This restructuring can cut costs and simplify operations, making automation an attractive option for many businesses. One company well-positioned to benefit from this shift is Workday, which provides enterprise cloud applications to help streamline HR and finance tasks. Workday’s AI-driven solutions aim to improve processes, reduce errors, and bring efficiency to financial operations, often decreasing the need for extensive manual oversight. As more companies seek AI software to automate and optimize workflows, the demand for Workday’s tools is likely to grow.
Want some numbers? Workday is up over 18% in the past 3 months, indicating an increase in attention and value. The company also boasts strong profit margins of around 20%, so its earnings could take off along with its top line if the expected surge in demand materializes.
HOW ARE THE MAGNIFICENT 7 DOING? 📈
Company: | Thursday Closing Price (±% from last week): |
---|---|
Amazon (AMZN) | $210.16 (+12.7%) |
Apple (AAPL) | $227.49 (+0.7%) |
Alphabet (GOOGL) | $180.73 (+5.6%) |
Meta (META) | $591.52 (+4.2%) |
Microsoft (MSFT) | $425.42 (+4.7%) |
Nvidia (NVDA) | $148.87 (+12.1%) |
Tesla (TSLA) | $296.91 (+18.8%) |
FRY-NANCIAL TOOL OF THE WEEK 🔧
Want some insider insights about the market? 🤫
What is the tool? InsiderBuyStock helps users stay updated with immediate insider alerts on the stock trading activities of key executives, including CEOs, CFOs, CTOs, and others.
How does it work?
Sign up.
Create personalized searches and notifications.
Receive real-time notifications about market activity from insiders.
Explore trades from insiders!
*Disclaimer: We don’t receive any perks for sharing this tool. We just want to show you how cutting-edge AI tools can be used to enhance your financial life.*
FRY-AI FANATIC OF THE WEEK 🍟
Congrats to our subscriber, Heather! 🎉
Heather gave us a Fresh and Crispy review and wrote, “I’m excited about the future of AI, and this fun newsletter helps me stay informed about the good and the bad. Your team does an awesome job!“
(Leave a comment for us in any newsletter, and you could be featured next week!)
YESTERDAY’S POLL RESULTS 📊
HAS AI REACHED SINGULARITY? CHECK OUT THE FRY METER BELOW:
What do ya think of this latest newsletter? |