Why Nvidia Rallied More Than 24% in May

Warren Buffett has not been actively investing lately, having been a net seller of stocks for 10 consecutive quarters, leading to a cash stockpile of nearly $348 billion for Berkshire Hathaway. During Berkshire's annual shareholder meeting in May, a shareholder inquired about potential investment opportunities, to which Buffett responded that the company is prepared to spend $100 billion on a stock, provided it meets three specific criteria. This highlights Buffett's cautious approach to investing amid...

In a recent podcast episode, Motley Fool host Ricky Mulvey interviewed Jan van Eck, CEO of investment management firm VanEck, discussing various investment strategies and insights related to emerging markets. The conversation delves into the potential opportunities and challenges in these markets, emphasizing the importance of informed investment decisions. For more episodes of The Motley Fool's free podcasts, listeners are encouraged to visit the podcast center and explore a curated list of top stocks to...

Shares of Pony AI (NASDAQ: PONY) surged 112% in May, driven by partnerships with Uber and Tencent Holdings as the company aims to advance self-driving technology in the Chinese market. Despite a market cap of $4.67 billion, Pony AI faces significant operating losses and minimal sales, yet investors are optimistic about its potential in sectors like robotaxis and ridesharing. The collaboration with Uber is expected to facilitate technology deployment in the Middle East, while Tencent...

On Wednesday, Alibaba's stock (NYSE: BABA) saw a nearly 4% increase in response to positive internal company data regarding the lively performance of this year's 618 shopping festival in China. This event, initiated by JD.com to celebrate its founding date, has been embraced by other major retailers, including Alibaba, who offer extensive deals and discounts to shoppers during this period. In contrast, the S&P 500 (SNPINDEX: ^GSPC) remained relatively flat, highlighting the significance of Alibaba's...

Amazon's Investment in AI InfrastructureAmazon (AMZN) is significantly increasing its investment in North Carolina, committing $10 billion to enhance AI infrastructure for Amazon Web Services’ data center supply chain. This decision is driven by the rising demand for compute power linked to generative AI technologies. The investment reflects Amazon's strategy to strengthen its position in the evolving AI landscape. Full Article

Rev Group Surpasses Analyst ExpectationsSpecialty vehicle manufacturer Rev Group (NYSE: REVG) exceeded quarterly analyst expectations, primarily driven by robust demand for its firefighting vehicles, resulting in a 14% increase in share value as of 10:30 a.m. ET. The company reported earnings of $0.70 per share for its fiscal second quarter ending April 30, along with revenue of $629.1 million, surpassing Wall Street's consensus estimate of $0.57 per share on revenue of $603 million. Rev Group...