Earnings spotlight on Walmart could swing US market mood

Dear Reader,

In 2000, I told Barron’s magazine that a very popular, well–loved dot–com stock was headed for a world of hurt.

That prediction proved spot on.

Soon after, the stock dropped 90%.

I fielded a lot of attention for that contrarian call.

And I expect this time around will be no different…

Because today, I’m pounding the table with the opposite message.

“BUY THIS STOCK NOW!”

The very same company that I warned about over two decades ago is now the lifeblood of AI data centers.

Yet almost no one has caught up with the story this time around.

While the media gloms onto the “AI Chip Wars” story… they’ve completely missed this company’s essential role in building out data centers.

Their hardware is so essential that the data center industry uses enough of it to stretch around the world 8 times – in a single building!

So, if you own Nvidia stock now, you might be well–served to sell those shares and check out this under–the–radar play instead.

Or if you missed the boat on Nvidia, this is a rare second chance to target tremendous profit potential as AI data centers spring up in every corner of the world.

Get my full take on this exciting play right here…

Sincerely,

Eric Fry
Senior Macro–Investment Analyst, InvestorPlace

This ad is sent on behalf of InvestorPlace Media at 1125 N. Charles Street, Baltimore, Maryland 21201. If you’re not interested in this opportunity, please click here and remove yourself from these offers.

— Bonus Content —

Google tweaks Google Play conditions following EU pressure

PARIS (Reuters) -Alphabet unit Google said on Tuesday it will make it easier for app developers to steer customers to channels other than Google after the European Union competition watchdog charged it with breaching EU regulations.

In March, Google was hit with two charges of breaching the EU’s landmark Digital Markets Act (DMA), which aims to rein in the power of Big Tech.

Google has been in the European Commission’s crosshairs since early 2024 over whether it restricts app developers from informing users about offers outside its app store Google Play and whether it favours its vertical search services such as Google Flights.

Regulators have said Alphabet technically prevents app developers from freely steering consumers to other channels for better offers.

They said a service fee charged by the company for facilitating the initial acquisition of a new customer by an app developer via Google Play goes beyond what is justified.

In a blog post, Google said that following discussions with the European Commission, developers, and other experts, Google is updating certain terms.

“While we still have concerns that these changes could expose Android users to harmful content and make the app experience worse, we’re updating our External Offers Program for the EU with revised fees and more options for Android developers, following DMA discussions with the European Commission,” EMEA Senior Competition Counsel Clare Kelly said.

The company, which has been fined more than 8 billion euros (.3 billion) by the EU for various antitrust violations, risks fines of up to 10% of its global annual sales if found guilty of breaching the DMA.

( = 0.8580 euros)

(Reporting by Foo Yun Chee, writing by GV De Clercq; Editing by Aidan Lewis)

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