🍎 The New AI

Apple's big announcements, why Trump Media & Technology's stock got crushed today and more

Happy Monday, Zingernation! Today was officially NVIDIA’s first day trading after its 10-1 stock split. And even though I know the value hasn’t really changed, I can’t help but think “man, $NVDA at $120 a share? What a steal!”. But not everyone is as hyped up about the stock as I am. In fact, on economist is calling for a bubble burst of all bubble bursts.

–Aaron Bry & Nic Chahine

Today’s Price Action:

$SPY: +.31%
$QQQ: +.40%
$DIA: +0.21%

Plus, check out the innovative company that’s operating at the intersection of quantitative computing and blockchain technologies.

TODAY’S MOST VOLATILE STOCKS
TODAY’S TOP STORY
Future GIF by The Tonight Show Starring Jimmy Fallon

Briefly: Apple revealed that it is partnering with OpenAI to integrate ChatGPT into iOS 18, iPadOS 18, and macOS 15 Sequoia. The AI feature will be available free of charge and will not log user data.

What Happened: The partnership was unveiled at the Apple Worldwide Developers Conference (WWDC) on Monday.

So: The integration of ChatGPT, a conversational AI model, is part of Apple’s broader AI strategy, which includes using OpenAI’s technology for AI writing summaries across its operating systems.

Basically: Apple’s decision to partner with OpenAI comes after discussions with both Alphabet Inc.'s Google and OpenAI to incorporate their AI technology into its operating systems. Ultimately, OpenAI secured the deal.

New Phone Who Dis: Want to know exactly what the new iPhones and computers will be able to do? Click here for more details.

PRESENTED BY QRL

The cryptocurrency industry is bracing for the rise of quantum computing, powerful next-gen computers that put blockchains at risk. Fortunately, the Quantum Resistant Ledger (QRL) harnesses XMSS encryption instead of the standard and inadequate elliptical curve cryptography (ECC) for digital signatures on the blockchain, the former of which is mathematically provably secure. QRL’s XMSS algorithm makes blockchains ”future proof,” ensuring their security in a post-quantum environment.

QRL is set to release its Go Zond project, a proof-of-stake blockchain, in the coming months. In addition to being quantum secure, this platform will enable Ethereum Virtual Machine contracts, making agreements written on the Ethereum blockchain naturally portable to the QRL. Join QRL’s growing community and be part of the next generation of blockchain technology.

FIVE MOVERS

Broadcom shares closed higher by nearly 3% in Monday’s session, following some bullish coverage from analysts at Morgan Stanley. 

Celsius shares took a big hit today, closing down around 10% as investors appear to be cautious about the energy-drink stock ahead of earnings.

Trump Media & Technology’s stock fell Monday after the company filed an amended S-1 form with the SEC. Here’s what it means.

Snowflake shares moved lower today as investors worry about the cloud-data company’s recent security woes.

Arm shares legged up today, closing higher by about 2.5% after receiving some analyst love and being named a top pick alongside NVIDIA.

ONE TRADE IDEA FOR TOMORROW

Test Think GIF by Etos

Briefly: Robinhood CEO Vlad Tenev is backing a new commercial research lab working in the field of artificial intelligence.

What Happened: Known best as a leading CEO in the financial markets, Tenev announced a new endeavor Monday separate from Robinhood.

Quoted: "Announcing the formation of Harmonic, a commercial AI research lab building Mathematical Superintelligence," Tenev tweeted. "Mathematical Superintelligence is artificial intelligence with mathematical reasoning capabilities greater than that of all humans."

Click here to read the full details of Robinhood’s newest toy.

Don't believe me? I use a simple ""MoneyLine"" approach to a stock chart. I'll show you examples on the next page of me forecasting step-by-step where the market will go in a day. This is powerful because I can then forecast where a stock will go. Then, I can buy an option on that stock and watch it soar in value. While others only win 20% of their call/put option buys, I win 83%. That's how powerful the ""MoneyLine"" is.

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Future Finance: Where fintech, crypto, and the future of finance collide. Future Finance is a perfect lunch read packed with quick bites for industry enthusiasts. Subscribe here.

Cannabis Daily: A must-read daily briefing for cannabis investors, operators, and enthusiasts. Join our list of industry veterans to jump start your morning. Subscribe here.

Real Estate Weekly: Where we highlight the movers and the losers, the upgrades and the downgrades, the top stories and opportunities in the trillion dollar REIT and real asset industry. Subscribe here.

Mining Weekly: Get an insider's edge with news, analysis, and commentary on what’s shaping the mining and commodities industry that powers the global economy. Subscribe here.