Tech market sees largest drop since 2022...

Happy Friday! We have a FRY-nancial feast cooked up for you today, so get your forks ready. 🍴

*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 TOOLS OF THE DAY

🧠 AllMind AI: Your personal investment analyst. → Check it out

📊 Rows: Bring data to life. → Check it out

📈 Danelfin: AI-powered stock picking.  → 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 Company (TSMC) became the first Asian company to reach a $1 trillion market cap. As the world’s largest semiconductor manufacturer, its customers include Apple, AMD, Nvidia, Intel, and Qualcomm. (Read More)

• Tesla’s operating margin shrank to the lowest in three years, dropping to 14.4% from 18.7% a year earlier. This marks the fourth straight quarter of shrinkage. (Read More)

• This week, Magnificent 7 stocks experienced the worst drop since October, 2022, which was prior to the release of ChatGPT. $1.7 trillion of tech value was erased in the last two weeks alone. (Read More)

THIS WEEK’S DIAMOND IN THE ROUGH 💎

A tech outage shocked the world, which means some companies are losing value while others are on the rise. 📈

This week’s diamond in the rough: Palo Alto Networks (PANW).

How is AI helping Palo Alto? Palo Alto Networks, headquartered in Santa Clara, California, serves over 80,000 enterprise customers worldwide. The company leverages what’s called “Precision AI” to counter AI-generated cyber threats. Last week, its rival CrowdStrike (CRWD) caused a global tech outage, leading to a significant drop in its stock price and harming its reputation. As CrowdStrike struggled, Palo Alto seized the opportunity to establish a new base and now looks to capture significant market share.

Want some numbers? After a sharp 28% drop post-February earnings, Palo Alto rebounded, beating expectations in its May report. Analysts forecast the company will surpass $2 billion in revenue next quarter, with a projected 26% growth in earnings for the full fiscal year.

HOW ARE THE MAGNIFICENT 7 DOING? 📈

FRY-NANCIAL TOOL OF THE WEEK 🔧

For the record, we don’t receive any compensation for sharing this tool. We just think it is cool! 🤪

What’s the tool? Dispute AI helps users repair personal credit with the help of AI.

How does it work?

1. Link your credit report: Dispute AI automatically imports and analyzes your 3 bureau credit report, finds negative accounts, and prepares an aggressive dispute strategy.

2. Let AI create disputes that work: Dispute AI helps you create the right dispute to achieve a permanent deletion. Dispute AI’s algorithm knows that different negative accounts require different dispute strategies. For example, disputing a collection account is different than disputing a bankruptcy.

3. Track your results: Dispute AI tracks all of your disputes on all 3 credit bureaus. Every month, you’ll receive a progress report showing what accounts were deleted and your new credit scores. You’ll always know what’s going on with your credit repair and credit score.

FRY-AI FANATIC OF THE WEEK 🍟

Congrats to our subscriber, Steve! 🎉

Steve gave us a Fresh and Crispy review and wrote, “The one email I ALWAYS read!!!”

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

YESTERDAY’S POLL RESULTS 📊

Featured comments:

“AI is becoming a significant consumer of electricity needing control. AI has many dangerous possibilities that can negatively affect large segments of the population.” (More regulations 👨‍⚖️)

“If it is being used to for national security purposes, government oversight is appropriate. But for general usage and non-military applications, I think less oversight is needed. Just don’t let them go all Cyberdyne Systems/Skynet on us!” (Less regulations 🦾)

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