Happy Friday, Zingernation! Not all insurance is created equal. I never take it at the blackjack table. I should probably get some renter’s insurance for my apartment. You definitely need car insurance. But now, there’s a whole new type of insurance for American homeowners.

–Aaron Bry & Nic Chahine

Today’s Price Action:

$SPY: +.06%
$QQQ: +.52%
$DIA: -.11%

Plus, check out the AI company that’s gaining the attention of big-name tech players like Microsoft.

TODAY’S MOST VOLATILE STOCKS

TODAY’S TOP STORY

Semiconductors Hit Record Highs As Industry Reaches $6.3 Trillion

What Happened: The semiconductor rally continues its unstoppable advance, fueled by the propulsion of artificial intelligence, with the U.S. chipmaking industry now soaring to a combined valuation of $6.3 trillion.

Basically: The PHLX Semiconductor Sector Index, mirrored by the Invesco PHLX Semiconductor ETF SOXQ, is poised for a 6% gain this week, marking its strongest performance in two months and achieving record high levels.

So: Since late October 2023, the index has surged by 78%, while the broader chip industry has seen an astonishing 169% increase from its October 2022 low. Click here for the companies that are leading the charge in the growing industry.

PRESENTED BY ONEMETA

Microsoft Adds OneMeta’s Verbum for Teams To All Its App Stores; A Milestone For This AI Innovator

In a show of confidence for OneMeta Inc.’s (OTC: ONEI) AI-powered translation and transcription services, the company’s Verbum for Microsoft Teams was added to all of Microsoft Corp.’s (NASDAQ: MSFT) app stores, including Teams Store, Microsoft AppSource and directly via the Azure Marketplace. 

That milestone means OneMeta has access to a huge customer base, with more than one million companies using Microsoft Teams across the globe. Of those corporate customers, 91% are Fortune 500 companies. 

“Since OneMeta achieved Microsoft Co-sell ready Status, we have seen significant interest from customers who want to apply the Verbum software to their usage of Microsoft Teams in the 140+ languages we offer,” said Saul Leal, CEO of OneMeta. “The certification by Microsoft brings confidence to our clients and to the great work that OneMeta is pioneering in the space. We can bring our AI for translation and transcription to all enterprises without compromising privacy, compliance and data security.” To learn more about the company’s AI technology, click here.

ONE TRADE IDEA FOR NEXT WEEK

GameStop: Ryan Cohen Cashes In And Roaring Kitty Cashes Out

Briefly: “Roaring Kitty”, as the meme stock investor Keith Gill calls himself, returned to X after an absence of three years last month, and posted a few memes, with no specific stock commentary.

Basically: On the basis of that alone, GameStop Corp. GME shares spiked from $17.46 on May 10th, to $55.69 on May 14th, before giving back those gains. That was his first GME pump this year.

So: The weekend before last, Gill returned to Reddit, posting a screen shot, purportedly of his account, showing a $116 million position in GameStop, and 120,000 call options on it. As a result the stock spiked over 64% in early trading the Monday before last. That was his second GME pump. But, it wasn’t just Gill who cleaned up on the stock.

Options Trades For As Little As $70 With An 83% Win Rate

I'm buying options for dirt cheap and winning with them at triple the rate of most traders. These are lotto options or far out-of-the-money plays. You don't need to do that when you use the "MoneyLine" strategy with options. "MoneyLine" isn't some indicator or fancy software. It's free and I've used it to trade for 20+ years. You can too, and it works even if you trade stocks. I'll show you the proof and the strategy for free on the next page.

Click here to see how to trade these options.

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