Party Like It’s 1999: 5 Stocks to Buy Without Getting Bubble-Burned

Plus, 3 stocks to sell

Party Like It’s 1999: 5 Stocks to Buy Without Getting Bubble-Burned VIEW IN BROWSER Tom Yeung here with your Sunday Digest. When people talk about the year “1999,” most investors will immediately tense up. That year was the start of a terrible stretch for the value-focused buy-and-hold crowd. The dot-com bubble burst meant that anyone who bought the Nasdaq Composite in January that year would have been in the red until 2006… just in time for the global financial crisis two years later. Experienced growth investors will also shudder at the thought of 1999. Many internet companies saw their share prices peak early that year, including Lycos (March), Priceline (April), and TheStreet.com (May). In fact, many smaller dot-coms were already on their way out by the time 1999 began. That means when Louis Navellier says he thinks today's market looks a lot like 1999, he’s really saying two things: Bullish. Much like the internet, AI is justifying more gains to come. Consumers and companies are paying handsomely for the best AI models, and industry leaders are generating record profits as a result. Anthropic, an AI startup that lost roughly $5.2 billion last year, expects to swing to an operating profit this quarter. Bearish. However, high valuations today make for an extremely fragile bull market. Smaller AI laggards are already fading away, and indebted ones like Oracle Corp. (ORCL) are showing cracks in their balance sheets. Louis forecasts a highly volatile summer and the possibility of a meaningful pullback. After all, if so many AI stocks are starting to look like hockey-stick charts like the one from Intel Corp. (INTC) below, it’s easy to see how ugly a selloff can get. INTC stock price Source: LSEG To navigate this increasingly brittle rally, Louis has become far more selective in the stocks he’s recommending. And to do that, he’s partnered with TradeSmith CEO Keith Kaplan to build a new AI-driven investing system that combines his Stock Grader research with TradeSmith's market-timing technology. The result is a new Tactical Profits Portfolio that selects the best AI-focused companies with strong fundamentals that can withstand drawdowns. It also helps flag weaker players at risk of losing ground. On Thursday, June 10, Louis will sit down with Keith and explain the work they’ve done with their system and how their stock-selection tools have helped investors navigate past volatility. You can sign up for their presentation here. Today, I’d like to give a sample of five stocks that pass this threshold, and another three that fail it. And if you’re worried about the stocks in your own portfolio, you can register for their event and use their free ticker tool for a limited time to check their short-term health. Recommended Link “Like Buying Amazon in 2005…” Futurist Eric Fry has already led his readers to big gains on Amazon stock. But now he says, it’s time to kick that name to the curb and replace it with a company that’s more like “buying Amazon in 2005.” In his presentation, Eric shows why this company could become 700% more profitable in under 2 years. He reveals the name, ticker and full analysis — completely free right here. Five High-Quality Names for a Volatile Summer Readers will immediately notice that the five companies in this list are wide-moat firms trading at surprisingly reasonable prices. All run like quasi-monopolies, giving them the strength to outlast a market selloff. And all were recently ranked well by both Louis’ Stock Grader and TradeSmith’s market-timing system. 1. Nvidia Corp. (NVDA). The “king of AI” continues to expand its domain. Last week, at Computex 2026, CEO Jensen Huang revealed that the chipmaker plans to move into personal computers (PCs) with a new chip called the RTX Spark that combines AI and traditional computing power. His rationale is straightforward: PCs are looking much like the “dumb phones” from the 1990s. Their purpose has not changed in decades, even though technology has marched ahead. Today, smartphones are used for everything except making calls. Why can’t the same happen for a reinvented laptop? In addition, Nvidia continues to surprise even its greatest fans. Last month, the company announced its 14th consecutive earnings beat. Earnings per share grew 95% to $1.87, surpassing consensus by 6%. The company has expanded its supply chain faster than Wall Street expected and kept its lead in AI chips. At Computex 2026, the company additionally announced that its next-gen Vera Rubin AI supercomputer is already ramping into full production – delivering on a promise Nvidia made in 2024. By my calculations, that means Nvidia’s fair value is closer to $300 per share today, up 40% from its current share price. The firm is dominating its industry, and its solid “B” rating in Louis’ Stock Grader suggests it’s an excellent company to buy, even after its multiyear run. 2. Alphabet Inc. (GOOGL). Meanwhile, Google’s parent company is the only major hyperscale AI data center firm expected to remain cashflow positive in everyquarter this year. Analysts expect net cash inflows of $18 billion in 2026 (despite $185 billion in data center spending). That’s thanks to a combination of: A dominant search business. Search revenue growth hit 19% growth last quarter, and the remainder of 2026 should see a windfall from record political ad spending for the midterm elections. Efficient data center chips. Alphabet began building custom “TPU” chips as early as 2013 to handle its voice-to-text system on Android phones. These purpose-built chips have allowed the firm to run its AI models far more efficiently than rivals’. Studies show Alphabet’s TPUs delivering between 1.6X and 4X more performance per dollar than general-purpose GPUs. A winning AI model. Google’s Gemini 3.5 AI model has proven exceptionally capable, and it’s beginning to steal consumer market share from OpenAI. Betting markets expect Google to have the second-ranked model behind Anthropic by the end of 2026. That suggests Alphabet’s fair value is somewhere in the mid-$400s range, according to my math. The company’s vertical integration is proving to be a durable competitive advantage, and the advantage looks set to expand over time. Louis’ and TradeSmith’s system both agree. 3. Advanced Micro Devices Inc. (AMD). Over the past several years, AMD has capitalized on Intel’s stumbles to establish itself in the CPU market. It has gone from less than 10% market share to about a third overall – and provides nearly half of all server CPUs. Its evolution from near-bankrupt company to world-beater got CEO Lisa Su named Time magazine’s CEO of the Year 2024. Markets might still be underestimating AMD’s potential. In a recent earnings call, Su noted that the CPU-to-GPU ratio should move from a 1-4 or 1-8 ratio today to 1-1 in the coming years. She joins the bosses of Intel and Arm Holdings PLC (ARM) in predicting the return of the CPU. I believe they’re right (even though they’re all CEOs of CPU companies). That’s because AI is shifting from mostly training and simple inference to agentic inference. This new type of AI requires far more “thinking,” where AI models will plan, call tools, run code, inspect results, and sometimes run in circles before asking for help. GPUs are still needed to run AI models, but CPUs are then used to orchestrate and analyze results. That should put AMD on a far faster growth track than people expect. Analysts are currently expecting growth to taper off by the end of 2027, but I expect demand could last through 2030. Louis’ and Keith's systems both agree, awarding AMD their top bullish scores. 4. Taiwan Semiconductor Manufacturing Co. Ltd. (TSM). Taiwan Semi (also known as TSMC) is the world’s largest contract chip manufacturer. The firm controls roughly 70% of the market and is the only chipmaker capable of manufacturing the advanced 2-nanometer process at profitable scale. It is now working on the A16 and A13 nodes. Expectations for the company are surprisingly modest. TSMC trades at just 28X forward earnings and 21X forward cash flows – well below less established firms like Intel and China’s Semiconductor Manufacturing International Corp. (SMIC). Investors have become conditioned by years of boom-bust cycles in the chip “fab” business and typically view incumbents with skepticism. (Upstarts typically get a free pass during boom times.) Yet, skeptics will ignore the Taiwanese firm at their own risk. Like Nvidia, TSMC has been able to raise prices thanks to insatiable AI demand. The company expects capacity to rise just 7% in 2026, meaning that over two-thirds of its 31% revenue growth is coming from price increases. Its monopolistic position means further price increases are likely. Consolidation among semiconductor companies has also created demand for more complex chips. Larger firms like Nvidia and AMD are combining GPUs, CPUs, and memory components into integrated products, and these complicated chips require the type of leading-edge nodes that TSMC produces. Though Taiwan Semi is more of a “grind higher” company because of its capital investment needs, it’s still a solid enough company that should weather a selloff. The company earns top marks in Louis’ and Keith’s system. 5. Analog Devices Inc. (ADI). Finally, we have Analog Devices, one of the world’s largest analog and mixed-signals chipmakers. The company has a particularly wide lead in high-performance signal processing chips -- the devices that convert real-world information (light, sound, temperature, voltages) into the usable “0s” and “1s” that digital chips need. Profits are high thanks to years of investments and high customer switching costs. Operating margins have hovered around 40% since 2020. Growth is also quite reasonable, thanks to the rise of electric vehicles, robotics, and “internet of things” devices. Analysts expect revenues to increase 34% this year. The AI boom now offers three new paths for growth. Advanced robotics. The most established way for Analog Devices to grow is through providing chips for AI-powered devices. Every AI-enabled phone, car, camera, robot, and wearable device must convert analog data into digital information. Chip power systems. High-end GPUs pull hundreds of watts, and their inconsistent demands create voltage spikes that power systems must smooth out. According to a report from Deloitte, power systems cost between 5% to 10% of a typical AI server rack. That benefits Analog greatly – data center product revenues rose 76% in the most recent quarter). Analog AI computations. Researchers are now exploring analog AI chips that can store more than binary 0s and 1s. Though commercialization of this technology is years away, this could provide Analog Devices with a powerful growth engine down the road. Together, that makes Analog one of my top long-term companies to buy. The company has a durable moat in analog chips, and its strong quantitative scores from Louis and Keith suggest there’s still time to get in on this high-quality firm. Knowing When to Sell Louis’ and Keith’s systems also make it clear that some AI stocks are off the table. These include: Accenture Plc (ACN) Adobe Inc. (ADBE) Intuit Inc. (INTU) Not only are the fundamentals at these firms deteriorating – often from AI competition – but short-term momentum is also turning decidedly negative. That’s a highly bearish sign in this returns-chasing market. No retail investor wants to hold a sinking stock. These are not the only companies at risk. In their upcoming presentation, Louis and Keith caution why the months ahead could be much more volatile than many investors expect… and why comparisons to 1999 are both an encouragement and a warning for investors today. You can register for their presentation here. I’ll be out of town next week, so I’ll see you back here in two weeks Regards, Thomas Yeung, CFA Market Analyst, InvestorPlace

Manage your account We hope this timely investment research is valuable to you. As you know the markets move fast and conditions change frequently. So please check the current issue for the most recent advice. Please note that we cannot be liable for any missed bulletins caused by overzealous filters. To ensure that you continue to receive this valuable part of your service please take a moment to add services@exct.investorplace.com to your address book. You can reach us at feedback@investorplace.com or by calling 1-800-219-8592. Too many emails? Click or tap Manage my subscription to unsubscribe from free newsletter emails or Unsubscribe from marketing to stop receiving marketing emails.   InvestorPlace Media LLC 1125 N. Charles St, Baltimore, MD 21201 Copyright 2026 All rights reserved.

Action to take: 7 Buys

Should you put your money into SpaceX when it starts trading on Friday?

Dear Reader, Today, I want to address the big question everyone seems to be asking themselves this week. Should you put your money into SpaceX when it starts trading on Friday? Well, there's only one man I turn to with a question like that... Dave Lashmet, the man behind the most profitable research in Stansberry history. Dave's track record in the space sector is insane. His average pick goes up 155%. He actually worked with NASA's comms team. And over the past five years, he's beaten all of the world's top 10 hedge-fund managers. And he just revealed his ultimate space stock Buy List. Is SpaceX on it? Find out here. See, Dave says there's a big twist coming to the SpaceX story, which could see 1,000% returns for some people... while bringing a world of pain to many Elon Musk fans. It involves a Pentagon-funded operation called Project Blackjack... And it has massive implications for SpaceX itself... but also for the entire space sector. It's shaping up to be THE story of the summer – and yet most investors are totally in the dark about it. I want to change that today. Please understand... There are hundreds of analysts out there right now who've become "overnight experts" on the space sector. None of them can hold a candle to Dave, who has quietly built one of the most extraordinary track records our industry has ever seen. As one reader wrote in to tell us, "Lashmet has made me millions." His full space stock Buy List is right here. Regards, Matt Weinschenk Publisher and Director of Research, Stansberry Research P.S. Dave was the first analyst our founder, Porter Stansberry, ever hired. He's uncovered nearly 50 opportunities for our readers to double, triple, or 10x their money. In fact, his work is so good... I'm putting it behind a $34,000 paywall next week. If you want to avoid that price hike, it's now or never... Get the full details here.  Standard Disclaimer: The investment results described in these testimonials may not be typical; investing in securities carries a high degree of risk; you may lose some or all of the investment.) Published by Stansberry Research. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer wish to receive special offers from Stansberry Digest, click here. You're receiving this e-mail at reunisoft.cryptonews@blogger.com. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2026 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 stansberryresearch.com.

Skip the Oura Ring IPO. Buy These 10 Stocks Instead.

The wellness boom is real. The IPO price may not be.

Skip the Oura Ring IPO. Buy These 10 Stocks Instead. VIEW IN BROWSER  |  FOLLOW LUKE ON 𝕏 Oura is going public at the perfect cultural moment. And that is exactly what makes the IPO dangerous. The smart-ring maker has confidentially filed its draft IPO paperwork with the Securities and Exchange Commission, according to CNBC. The company says it is on track to pass 5 million paid members this quarter. Revenue has reportedly grown fourfold over the past two fiscal years. Oura was valued at $11 billion last October after a $900 million Series E round, and it has raised more than $1.5 billion in total. Those are monster numbers. They also explain why this IPO may already have too much good news baked in. Wall Street has discovered wearable health. Wellness has become dinner-table conversation. People who used to brag about 80-hour weeks now brag about zone 2 cardio, magnesium glycinate, eight hours of sleep, and a morning readiness score. That shift is real. It may last for decades. But buying the hottest private company after the market has already found the theme is still a dangerous way to make money. Just ask Peloton. The Peloton Warning: Seeing the Future Doesn’t Make the IPO Safe Peloton understood the future early. Fitness was moving into the home. Hardware could become a social product. A bike could become a media platform. A workout could become a subscription habit. Peloton was right about the culture. Investors paid pandemic multiples for that story. Then demand normalized, competitors caught up, and the world reopened. That is the Oura risk in miniature. Oura may be a great product. It may keep growing. It may even become one of the defining consumer health brands of this decade. The IPO can still be a poor entry point. At an $11 billion private valuation, Oura is being valued less like a hardware company and more like a platform. CEO Tom Hale told CNBC the company was on track for about $1 billion in 2025 sales and could approach $2 billion in 2026. Even if it hits the high end of that 2026 target, the last private valuation still implies roughly 5.5x those future sales. That can work if Oura proves it has high-retention software economics. Though the math gets much tougher if the S-1 shows a premium hardware business with a subscription wrapper. Hardware gets copied. Sensors get cheaper. Wellness fads cool. The winner turns health obsession into durable habits, services, locations, devices, records, and treatment loops. Oura owns a strong measurement point. The public-market winners could own the rest of the system. The Health Boom Is Much Bigger Than the Oura Ring Oura’s pitch is simple: a small device watches your body all day and all night, then turns that stream of signals into advice. That sounds like a ring story. The trail of money is bigger. People are changing what they spend on. More dollars are going into health, energy, fitness, sleep, appearance, longevity, and self-command. A premium gym membership can signal more than a nicer briefcase. A shoe rotation can matter more than another suit. A lab panel, a running watch, GLP-1 care, a recovery score, or a training plan can become part of how someone sees themselves. Oura is following the money. It has: Pushed into AI coaching through Oura Advisor Moved into metabolic health through Veri and a Dexcom partnership Launched Health Panels with Quest Diagnostics, offering about 50 biomarkers for $99 with in-app interpretation. Bought medical-record technology through Galen AI Invested in women’s health, cardiovascular risk, and enterprise wellness. That is the correct map. The issue is ownership. How much of the economics can Oura keep when the same trend feeds gyms, shoes, watches, phones, labs, treatment platforms, and clinical data companies? 10 Wellness Stocks to Buy Instead of the Oura Ring IPO As it turns out, a lot of those better-positioned stocks are already public. Life Time: the Cleanest Lifestyle Play Life Time Group (LTH) may be the most culturally relevant stock in this whole basket. Oura tracks the body. Life Time gives the body somewhere to go. The company operates premium athletic country clubs built around fitness, recovery, pools, classes, childcare, coworking, cafes, spas, and social life. For a certain kind of buyer, the new status symbol is a body that works, a sleep score that is decent enough to share, a trainer, a sauna, a pickleball court, and a place to spend Saturday morning without feeling like garbage. That is Life Time’s lane. Sales: $3.1 billion | Quarterly growth: 11.7% | Operating margin: 16.9% | Forward P/E: ~19x Risks: real estate, debt, consumer spending, premium-gym execution The trend fit is unusually clean. This is the higher-upside lifestyle pick. Garmin: the Better Wearable Business Garmin (GRMN) is the cleaner public wearable stock. It wins through trust instead of fashion — runners, cyclists, hikers, divers, pilots, golfers, and endurance athletes buy Garmin because the products work. Its fitness segment revenue rose 42% year over year in Q1 2026. Sales: $7.5 billion | Quarterly growth: 14% | Operating margin: 26% | Profit margin: 23% Garmin is mature, profitable, and built for committed users — not wellness tourists. Hims & Hers Owns the Action Layer Hims & Hers (HIMS) is a very different kind of Oura-adjacent stock. Oura measures and nudges. Hims sells action. The company has built a direct consumer health funnel across sexual health, dermatology, mental health, weight loss, and GLP-1-related care. It also has a natural path into biomarkers, diagnostics, and AI coaching — giving it a broader monetization surface than a wearable brand. Sales: $2.4 billion | Gross margin: 57% | Price-to-sales: 2.5x | Short interest: ~31% of float The short interest tells you the market sees both sides. Hims has more upside than the mature names — and more ways to get hurt. Quest: the Boring Biomarker Engine Quest Diagnostics (DGX) is dull in a useful way. Oura’s Health Panels run through Quest — but Quest already does this job at much larger scale. It runs bloodwork and biomarker testing for physicians, hospitals, employers, and direct consumers. Oura is one front door into that lab system. It is not the whole building. Consumer-direct revenue at questhealth.com grew in the high-20% range in Q1, with partnership-driven testing growing even faster. Sales: $11.3 billion | Quarterly growth: 9.2% | Operating margin: 14.6% | Forward P/E: ~16.7x Bloodwork is harder to hand-wave than a readiness score. DGX is the boring toll road behind the shiny wearable. Recommended Link “Like Buying Amazon in 2005…” Futurist Eric Fry has already led his readers to big gains on Amazon stock. But now he says, it’s time to kick that name to the curb and replace it with a company that’s more like “buying Amazon in 2005.” In his presentation, Eric shows why this company could become 700% more profitable in under 2 years. He reveals the name, ticker and full analysis — completely free right here. Dexcom: the Better Oura-Linked Sensor Play Dexcom (DXCM) invested in and partnered with Oura — combining glucose data with sleep, activity, and recovery signals. It is already profitable, already scaled, and already central to the continuous-glucose-monitoring market. Sales: $4.8 billion | Quarterly growth: 15% | Operating margin: 21.5% | Forward P/E: ~23x Risks: reimbursement, competition, pricing, and the pace at which CGM expands beyond diabetes into mainstream metabolic health. If metabolic tracking becomes a normal consumer habit, Dexcom is one of the cleaner public ways to play it. Google Just Made the Oura Trade More Dangerous Earlier this month, Google announced Fitbit Air — a screenless fitness tracker starting at $99.99, designed for 24/7 health monitoring, paired with Google Health Coach, a Gemini-powered fitness, sleep, and wellness advisor. Alphabet (GOOGL) is a mature mega-cap with health optionality. Fitbit Air will barely move its revenue by itself. The bigger point: Google has Android, Fitbit, Gemini, cloud infrastructure, and consumer reach. If wearable health becomes an AI coaching market, Google competes at the software layer while Oura fights hardware margin pressure. Oura may sell a better object. Google may own the decision layer. Apple: Best Device Footprint, Hardest AI Question Apple (AAPL) belongs in this conversation whether Oura bulls like it or not. The Apple Watch is already on millions of wrists. The Health app already sits on the iPhone. Apple has the hardware, the trust, the privacy pitch, the payments relationship, and the developer ecosystem. The caveat: Apple’s health-coaching ambitions have lagged its hardware. The AI layer isn’t ready yet. Apple can still win — the win may just arrive later and with less force than investors expect. AAPL is a core trend participant. It is a slower, safer way to own the theme. Tempus and Illumina: the Health-Data Brain and Plumbing Tempus AI (TEM) and Illumina (ILMN) are the data stack under the ring-stock story. Tempus sits closer to oncology, clinical AI, and diagnostics than to consumer wellness. Sales: $1.4 billion | Quarterly growth: 36% | Gross margin: 62% | Operating margin: negative | Short interest: ~25% Speculative growth — higher upside, higher drawdown risk If AI health-data platforms work, Tempus could matter. If investors tire of unprofitable AI-health stories, it can get punished fast. Illumina is the sequencing infrastructure name — less sexy after years of overhangs, but still near the base of biology-as-data. Sales: $4.4 billion | Operating margin: 20.6% | Profit margin: 19.4% | Forward P/E: ~25x If longevity, prevention, and cancer screening keep expanding, sequencing remains part of the machinery. Deckers: the Lifestyle Dividend Deckers (DECK), through Hoka, captures the easiest version of the trend to understand. Hoka sits directly in the behavior shift toward walking, running, and low-impact endurance training. Sales: $5.5 billion | Quarterly growth: 8.7% | Operating margin: 22.8% | Forward P/E: ~13.7x Profitable, real trend exposure; fashion-cycle risk. This is the “touch grass and buy better shoes” part of the health trade. Two Cautionary Tales: What Not to Buy In the Wellness Boom Peloton (PTON) and Lululemon (LULU) are cautionary tales worth studying — and leaving off the buy list. Peloton proves that trend accuracy cannot save a stock when the valuation, hardware cycle, and demand assumptions break. Lululemon proves that wellness identity alone is thin protection. The brand can still be valuable. The stock can still be cheap. The growth story has lost its clean shape, and Mirror already showed how hard it is to bolt connected fitness onto an apparel brand. They are worth knowing. Neither belongs on the buy list. The Bottom Line: Let Someone Else Buy the Oura Ring IPO Oura is part of an undeniable boom. Yet that alone only gets investors so far. This company is going public after the market already understands the story: sleep tracking, recovery, metabolic health, AI coaching, preventive care, and longevity. The product is cool. The brand is strong. The growth is impressive. The stock may still be a trap if investors pay platform prices before the S-1 proves platform economics. I want to see the revenue split and hardware gross margin versus subscription gross margin. I want to see churn, paid-member attach rate, cohort retention, customer acquisition cost, replacement cycles, and the economics of labs, CGMs, employer programs, and AI coaching. Until then, I would let someone else buy in at IPO-hype prices. The better trade is to buy the companies that can survive after the fad burns off. Oura may become a great company. It may even become a staple of health wearables someday, the kind of product people put on at night as automatically as they charge their phone. That still says very little about whether the stock will be a good deal on IPO day. A great product can come public at a bad price. In this market, the better way to play the health boom may be to skip the IPO and buy the companies already holding the pieces that last. Oura won’t be the last IPO to test your discipline this year. The window is already closing on what I believe are the two most important pre-IPO trades in a generation. Most investors will find out about them on IPO day — which is precisely when the best opportunity has already passed. I’ve spent months mapping the ecosystem. I know which stocks I want to own before the headlines arrive. Here’s what’s on that list — and why the clock is running. Sincerely, Luke Lango Editor, Hypergrowth Investing P.S. Questions or comments about this issue? Drop us a line at langofeedback@investorplace.com.

Manage your account We hope this timely investment research is valuable to you. As you know the markets move fast and conditions change frequently. So please check the current issue for the most recent advice. Please note that we cannot be liable for any missed bulletins caused by overzealous filters. To ensure that you continue to receive this valuable part of your service please take a moment to add services@exct.investorplace.com to your address book. You can reach us at feedback@investorplace.com or by calling 1-800-219-8592. Too many emails? Click or tap Manage my subscription to unsubscribe from free newsletter emails or Unsubscribe from marketing to stop receiving marketing emails. InvestorPlace Media LLC 1125 N. Charles St, Baltimore, MD 21201 Copyright 2026 All rights reserved.

Elon Now Pays 15X More Than Your Bank

Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at InvestorPlace that we found interesting. We urge you to continue reading. Dear Reader, Elon Musk is now paying you 15X more than your bank… Thanks to a project he’s been working on for the last 27 years. All you have to do is sign up for his new bank. My name is Luke Lango. I have a background in finance, was mentored by two hedge fund legends, and started my own investment firm before I left Caltech… And I can tell you: This is DANGEROUS news for many of my former colleagues… For years, America’s biggest banks have been telling you they have no choice but to pay you interest rates as low as 0.4% (that’s the national average). On $10,000 savings that’s just $40 a year — not even enough for a decent family meal at McDonald’s. Now, suddenly… Elon is exposing many of these bankers for the sharks they really are.  He’s not offering double… or triple… or even five times the interest… But 15 times the national average — at 6% per year. If he can do that… why can’t YOUR bank pay more, too? This is just one of the radical ways Elon’s new bank is disrupting the financial sector… I, for one, think it’s time — that’s why I’m revealing you how it could impact your money (and how you should prepare) here. Now, you might think Elon’s new bank is a risky place to keep your money. But, like your current bank, your money will be insured — up to $250,000. Because of this, I believe tens of millions of Americans will flock to Elon’s new bank. In fact, already $1 billion has passed through its “vaults” in just a few days. What happens to traditional banks when even more people realize there’s an alternative that pays them a fair interest rate? It’s not going to be pretty… I show you how to get on the right side of this change here — including how to access Elon’s 15X interest rate. Regards, Luke Lango Senior Investment Analyst, InvestorPlace P.S. That 0.4% rate most banks pay doesn’t even cover inflation, which is at 3.8%. You need to earn more than that otherwise your money is worth less and less over time… In other words, you’re getting poorer. Elon’s new bank can be seen as a remedy for this… And, if you make the one money move I’m recommending quickly, you’ll also have the chance to make hundreds, even thousands of percent too… Get my instructions here. To ensure that you continue to receive marketing emails from TradeSmith, please add info@exct.tradesmith.com to your address book. If you no longer want to receive marketing emails from TradeSmith, please click here to unsubscribe. If you have any questions, please don't hesitate to contact Customer Service at support@tradesmith.com or by calling 1-866-385-2076. © 2026 TradeSmith, LLC. All Rights Reserved. 1125 N. Charles Street, Baltimore, MD 21201 Terms of Use  |  Privacy Policy  |  Unsubscribe

In today's Masters Series, last published in the May 30 issue of the free DailyWealth e-letter, Dave Lashmet explains how ignoring the noise and focusing on the value companies provide can aid you in investing successfully in technology...

Delivering World-Class Financial Research Since 1999 Editor's note: Finding the developing companies that will shape and contribute to society is one way to be a successful investor... But there's more to it than just discovering them. You have to look ahead and understand the end goal of what the company is doing and the road map that will lead it there. That's according to Stansberry Venture Technology editor Dave Lashmet. In today's Masters Series, last published in the May 30 issue of the free DailyWealth e-letter, Dave explains how ignoring the noise and focusing on the value companies provide can aid you in investing successfully in technology... How to Invest in Tech With the End Goal in Mind By Dave Lashmet, editor, Stansberry Venture Technology Today, I want to introduce you to the concept of "proactive investing." Don't bother Googling it – it's not a long-standing school of investing. I made it up. But I believe it's a useful mindset for all new technology investors... You see, there's a clear difference between trading and investing. Trading means buying a trend – or better yet, getting ahead of a trend. It's tied to money flow in a broader market, sector, fund, or stock. But even high-flying momentum stocks can fall back to earth. Of course, with the right plan and execution, you can be a successful trader... You just have to understand how it's different from long-term investing. And you need to know which of the two you're doing. So, how do you invest for the future? Rather than worry about what other investors are up to, I try to consider what the equity is up to. This is especially important in tech investing. Here's an example to show you what I mean... In the summer of 2020, my family found a 5-acre plot of trees in Washington state. It's 100 feet above sea level and only five minutes from the fast ferry to Seattle. It's flat land at the top of a hill, with no creek or swamp in sight. It's the perfect place to build a country home. We set out to put in a road... then a writer's cabin, a well, and a septic field. We planned to eventually turn the cabin into a small home. And we estimated the whole project would take about four years and $400,000. Of course, when you begin a project like this, you can't know the exact resale value four years from now... or the precise day you'll finish... or even how much it'll actually cost. But every step brings you closer to a tangible goal. One day, there's a foundation. The next, there's a roof. In our case, our market research suggested that, eventually, this would be an elite residence... And we'd be able to sell it for a pretty penny to some tech executive who only needed to go into Seattle once a week. We wouldn't even have to finish the building project to see a return on our investment. There'd be added value at every stopping point in the process. Even with the house unfinished, each of the other fixed assets – the land, road, cabin, well house, and septic field – would be valuable and could help someone else finish the job we'd started. Similarly, when you're a proactive investor, you have to see the end goal and all the steps it takes to get there. That's because the process itself has value – even if the wisdom of many investment advisers is that "the future is risky, so just live in the moment." Recommended Links: 'Don't Buy a Single SPCX Share Until You See This' Wall Street is fixated on a single number: SpaceX's $1.75 trillion IPO valuation. But Stansberry Research analyst Dave Lashmet (who has shown his subscribers nearly 50 separate chances to double, triple, or 10x their money) says most investors are about to make a serious mistake with this IPO. The replay of his urgent June 4 briefing is still available, but only for a short time. Watch the full broadcast here. A Melt Down Could Be Right Around the Corner Marc Chaikin, the Wall Street legend who called every major market turn since the COVID-19 crash, has identified a single point of failure that could bring the AI market crashing down. This situation has already taken trillions from investors in AI giants like Salesforce, Oracle, and even blue-chip Microsoft. So, BEFORE you buy a single share of SpaceX, make sure you see Marc's newest market forecast and warning. When you think of evaluating how companies use their cash to invest in future growth, maybe your first thought is to look at research and development (R&D) costs. The problem is, U.S. accounting rules treat R&D costs as current losses. A better approach might be to follow Sweden's example... and treat R&D costs like investments. For the best tech companies, putting $100,000 a year into R&D for four years is a lot like my real estate investment... It's building something that will unlock value in the years to come. A company might use this cash to invest in unique technologies that its peers can't match. Or it could make itself independent by developing its own manufacturing capacity, while its rivals are forced to pay higher and higher prices to compete with each other in the manufacturing chain. Tech investors would do well to understand Sweden's approach to R&D. The value of a company isn't based on last quarter's sales – because those sales can't tell you much about what the business will look like next year... or four years from now. Instead, look at what a company is building right now. From there, you can weigh future demand, do a competitive analysis, then predict the value of a forthcoming product and how that adds to cash flow. We like to look at free cash flow ("FCF") because it's the number that doesn't lie... FCF is what a company has left over for dividends and buybacks after everything else is paid. That's how the company pays you, the firm's part-owner. Note, all of this is unaffected by the trends in the market. Rather, it's about what the asset can be worth to you – measured against both what it costs to acquire it and the cost of holding on to it. We can use this "proactive investing" logic with companies of any size... whether we're looking at small firms or larger, more established technology companies with a long history of profits, as well as proven marketing skills, demand, and an ability to hold off competitors. In short, if you want to invest in tech, look for companies that are building things of value in the present... for a lasting competitive advantage. That's the best way to successfully invest for the future. Good investing, Dave Lashmet Editor's note: Dave has found some of our firm's most profitable research, with subscribers having nearly 50 different chances to double, triple, or 10X their money. Now he has found another opportunity for investors to take advantage of. While everyone is focused on the SpaceX IPO, there's a smaller, lesser-known company that's poised to make those who get in early rich. This is all part of Dave's final public presentation, where he's sharing what he believes is the best company to put your money to work during the SpaceX craze. Click here for the full details. You have received this e-mail as part of your subscription to Stansberry Digest. If you no longer want to receive e-mails from Stansberry Digest click here. Published by Stansberry Research. You're receiving this e-mail at reunisoft.cryptonews@blogger.com. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2026 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or stansberryresearch.com. Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors. Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation. This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.

San Francisco’s renaissance has hit some roadblocks

AI animosity and housing woes threaten the city's progress.

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This is Bloomberg Opinion Today, the most productive talent pipeline of Bloomberg Opinion’s opinions. On Sundays, we look at the major themes of the week past and how they will define the week ahead. Sign up for the daily newsletter here. Apartment Story I have the sort of living situation most New Yorkers would kill for: an affordable three-bedroom apartment near Chelsea’s art-gallery scene — on a high floor, with terrace and a vast panorama of the Hudson River. Or at least I have that view for now.  The New York City Housing Authority has plans to demolish the crumbling low-income housing project across the street and build a 31-story tower — luxury apartments up top and subsidized units below — that will block out that view to New Jersey and leave us in a Mordor-like shadow at sunset. You’d expect me to be angry. And I am, but not for the reason you probably think: NYCHA claims it will relocate the current residents temporarily and move many of them back into “new, permanently affordable homes.” If you believe that, I have a Lincoln Tunnel to sell you. [1] As a strong supporter of housing density, I’ve decided not to go all NIMBY over the new tower. After all, nobody guaranteed my view in perpetuity, cities change and grow, and apartments will only become affordable in Manhattan if we build up and up. [2]  But many of the residents of my building complex, a hotbed of progressivism built by the Ladies Garment Workers Union in the early 1960s, are dead set against it, and I have to question their motives. Still, when it comes to liberal NIMBY hypocrisy, New Yorkers are rank amateurs compared to the pros in America’s most famously liberal city, San Francisco. Our Justin Fox has been on this for years, and has highlighted a Bay Area paradox: “While per capita (that is, average, or mean) income rose, median household income in the San Francisco-Oakland metro area actually fell from $121,551 in 2019 (in 2021 dollars) to $116,005 in 2021, a 4.6% real decline that was the worst among the country’s 25 biggest metro areas.” In other words, the rich techies got richer, and everybody else fell further behind in the place with the highest average rents in America. Has anybody been doing it right? Yep, the development-friendly place I can see (for now) across the Hudson: Jersey City. The Covid epidemic no doubt derailed efforts by the tech behemoths — Salesforce in particular — to make San Francisco more livable. But now, according to guest columnist Jonathan Weber, things may be turning back around (emphasis on may), thanks to the two scariest letters in contemporary society: AI. “San Francisco’s AI-driven comeback from its pandemic-era crisis has continued, and even accelerated. OpenAI joined forces with [former Apple design guru] Jony Ive and Anthropic has soared to the top of the industry; both are planning to go public, which will rain enormous riches on their thousands of San Francisco employees,” Jonathan writes. “Daniel Lurie, after winning the 2024 mayoral race, has done well by being pragmatic and accessible; he’s made a visible dent in downtown street conditions. Still, it’s far from clear that San Francisco has its arms around the problems that have dragged it down, especially housing and homelessness.” [3] Also dragging the city down: The Trump administration’s threats to stop processing international air travel in sanctuary cities. This would be a huge problem for the Bay Area, a major hub for international travel. (Los Angeles also makes the blacklist.) “Withdrawing Customs and Border Protection agents from some or all of those cities would massively disrupt travel, particularly as the US awaits throngs of international visitors for the World Cup soccer tournament starting this month,” writes Ronald Brownstein. But Ronald thinks this effort by Homeland Security Secretary Markwayne Mullin “looks like weakness masquerading as strength” because it “underscores how few options the administration has left, after repeated legal and political setbacks, to coerce reluctant cities into joining its mass deportation agenda.” While the tech bros are making some headway in the San Francisco renaissance, they aren’t doing so well electorally. Consider last week’s “horrible, no good, very bad” primary results for the candidates backed by Big Tech, writes Erika D. Smith: “None of this should really come as a surprise. Polls show that Americans — and Californians are no exception — are increasingly wary of both Big Tech’s signature product, artificial intelligence, and of the billionaires who run the companies developing it.” While enough ballots were tallied quickly to see things were terrible for tech, other races remained unclear for days thanks to the way California processes mail-in votes. “Heading into the weekend, only 14% of voters had returned their ballots, which all registered voters in the state receive by mail weeks before Election Day,” Erika writes in a separate piece. “This unfortunate series of political and electoral events seems to be leading California back to an unenviable situation: with millions of ballots that will take days or even weeks to be tabulated, potentially leaving some high-profile races undecided.”    While much of the Golden State seems to be turning into lead, one heretofore obscure Bay Area company, Marvel Technology Inc., has hit the motherlode. All it took was for the company’s CEO to appear alongside Nvidia’s chief, Jensen Huang, at a trade show in Taiwan. “Huang declared the chipmaker, worth about $192 billion on Monday, was destined to be a $1 trillion company,” reports Mark Gongloff. “Marvell’s stock skyrocketed more than 25%, its biggest single-day gain in three years, pushing the Santa Clara, California, company’s market cap to more than $245 billion. What’s possibly even more remarkable is that this 25% of froth was added to a 158% gain in the months preceding it.”  One assumes that many of Marvel’s 7,500 employees made a killing. Perhaps they will join San Francisco’s renaissance by snapping up homes in Russian Hill and Pacific Heights. But they should bear in mind that, just like me and the Hudson River, nobody will promise them that view of the Golden Gate Bridge forever.  Bonus California Love Reading: Fast E-Scooters Are a Menace. Don’t Lump E-Bikes With Them — Justin Fox Want a Friend in the AI Age? Get a Dog — Adrian Wooldridge Companies’ AI Bills Are Bigger Than Ever — and Coming Due — Parmy Olson What’s the World Got in Store ? World Cup starts, June 11: World Cup Cities Were Wrong to Ever Expect a Big Payoff — Justin Fox ECB rate decision, June 11: Europe Is Stockpiling Enough Gas to Avoid Another Energy Crisis — Javier Blas SpaceX IPO, June 12: Get Your SpaceX Bets in Now — Matt Levine Horror Story A couple of weeks ago I made the embarrassing admission that I have an irrational fear of the dark and a rational dislike of horror movies. So I am certainly not going to see A24’s  Backrooms, which killed it with an $81 million domestic opening weekend. What gives me the creeps apparently gives Hollywood a warm feeling all over: Horror flicks are one of its surest bets. “Backrooms achieved another milestone when Kane Parsons became the youngest filmmaker to direct a movie for the studio,” writes guest columnist Miles Surrey. “But Parsons isn’t an anomaly. He’s the latest proof of an emerging trend in Hollywood driven by a younger generation of filmmakers: YouTube has become one of the industry’s most productive talent pipelines.” “There could be limitations to how far the YouTube-to-Hollywood pipeline extends,” adds Miles. “For now, the trend remains largely concentrated within the horror genre, which has a history of low-budget films as wide-ranging as The Blair Witch Project, Paranormal Activity, and Get Out becoming breakout hits. If more filmmakers can follow in the footsteps of David F. Sandberg, who went from YouTube to directing horror movies before directing the superhero blockbuster Shazam!, then the model has room to grow beyond the genre.” I didn’t realize that Shazam! grossed more than $350 million worldwide, which I find scary. Its sequel (also directed by Sandberg) was apparently the biggest box-office bomb in DC Comics history. For Hollywood, that’s a true horror flick. Note: Please send World Cup tickets and feedback to Tobin Harshaw at tharshaw@bloomberg.net [1] A handful of elderly residents have the same fear, and are holding up the whole massive project by refusing to move out. A judge has backed them for now, but we all know that in the end they will get the boot. [2] What we don’t want is more rent control and government-dictated freezes on increases. I say this not only because my wife used to have a few rental apartments, thus I know all about the hassles, regulations, constant city inspections, taxes, repair costs and tiny profit margins small-time building owners face. But I simply don't understand why young New Yorkers are supporting Mayor Zohran Mamdani's housing agenda, which will simply allow older New Yorkers to keep their sweetheart housing deals, further squeeze landlords, stop development and keep rents astronomically high on the sort of apartments young people would hope to move up to. [3] Jonathan’s essay is excerpted from his new book, City on the Edge: Technology, Politics and the Fight for the Soul of San Francisco, which goes on sale July 9. I can't recommend the whole book highly enough.

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