As regular readers know, "Doc" is the CEO of our parent company, MarketWise. He's also the editor for several publications at our corporate affiliate Stansberry Research.
The essay we're sharing today was most recently published in the July 9 edition of Stansberry's free DailyWealth e-letter. In it, Doc discusses a new government project that could mean billions of dollars of fresh capital flowing into one corner of the market...
How We'll Automate Discovery Itself
By Dr. David Eifrig, CEO, MarketWise
In the quiet, mist-covered ridges of East Tennessee, armed guards and miles of razor wire protect one of the government's top research facilities.
It's where the Manhattan Project learned how to split the atom.
It's where uranium enrichment moved from theory to industrial reality.
Today, the facility is humming with a modern-day "Manhattan Project"... a complete reset of America's AI industry.
At the heart of this effort sits Oak Ridge's crown jewel, Frontier, one of the world's most powerful supercomputers.
Frontier can perform more than a quintillion calculations per second – a number so large it borders on meaningless.
But to put it in context... if every human on Earth performed one calculation per second, nonstop, it would take more than four years to reach a quintillion calculations.
Frontier's computer system can store 33 times the amount of data that's in the entire Library of Congress.
Frontier is a beast of a machine. But Oak Ridge's next development will dwarf it.
July 23 will spark the stock market's biggest move of the year, according to the man who predicted the 2025 crash and rally. You have just days to prepare for a major AI-driven turning point in the market that could double your money over and over again – as he has already shown 13 different times. See his outline (and No. 1 recommendation) here.
One company could crush Tesla... Another could rival Netflix... And a third could upset Oracle. These "super surge" stocks are poised to overtake tech's current blue chips in a move that could completely reorder the top dogs of the stock market. Sixty-year Wall Street legend Marc Chaikin gives away names, tickers, and trade ideas in this first-ever free broadcast. Watch it now.
America's Biggest AI Project Is Underway
The plan isn't just to build a bigger supercomputer. It's to connect them all.
The U.S. Department of Energy ("DOE") has more than 400 supercomputers at 17 national laboratories across the country. To create Genesis, a specialized, ultra-high-speed fiber network will link all of them to Frontier.
From elite laboratories like Lawrence Livermore in California to Argonne in Illinois, Genesis will create a single, unified platform.
It's difficult to think about the potential power of Genesis. But imagine 17 of the smartest people on Earth working in unison suddenly being able to share thoughts instantly.
To be clear, Genesis isn't just trying to create a supercool version of ChatGPT. It's a machine designed to automate discovery itself.
Consider the field of medicine...
Traditionally, developing a new drug takes more than a decade and costs billions of dollars. Most drug companies fail. And 90% of drugs don't make it out of clinical trials.
Genesis will be able to simulate the interaction of billions of molecules in days. This has the potential to cure diseases that have plagued us for generations.
Along with biotechnology, Genesis will try to innovate several other industries... including nuclear fission and fusion, critical materials, quantum science, advanced manufacturing, and semiconductors.
The stated goals for Genesis are ambitious, to say the least... Take 10 years of AI progress and force it to happen in 10 months, or less.
Now, I've always been something of an AI skeptic.
The Genesis project has the possibility of beating China to artificial general intelligence – a superintelligent AI that can function on its own...
It has the possibility of vastly improving our country's industries...
Will America's scientists ever pull that off? We don't know.
But here's what we do know... The White House is not wasting time.
Washington Is Going All In on AI
Genesis was set in motion by Executive Order No. 14363. It has a very aggressive timeline, with specific deadlines that started last November. There's a 270-day deadline for initial operating capability.
Plus, the smartest people in the world are involved. They include OpenAI CEO Sam Altman and Nvidia (NVDA) CEO Jensen Huang. Combined with other tech giants and the brightest at the DOE, this is a rare moment when the federal government and private industry are pulling in the same direction.
This project is moving fast. And money is flowing.
The DOE made a $320 million initial investment in Genesis...
Companies involved in AI chips, models, and quantum computing – all the stuff of science fiction – stand to make a lot of money throughout the life of this project. This will be the most sophisticated AI network ever created.
Will Genesis live up to its ambitious goals? Nobody knows.
But we do know this...
When Washington, national laboratories, and companies like Nvidia and OpenAI all begin investing in the same vision, investors should pay attention.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig Editor's note: Last week, Doc went on camera to share the details on his latest stock-picking innovation...
In short, it uses the same tech that SpaceX uses to predict the path of satellites. And this system found thousands of winners – including a gain of up to 4,200% – in 10 years of back testing.
— According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are Bullish. Major indexes are mixed.
* * * *
Sector Tracker
Sector movement over the last 5 days
Energy
+2.11%
Real Estate
+1.19%
Staples
+0.32%
Financial
-0.05%
Communication
-0.71%
Materials
-1.09%
Discretionary
-1.23%
Industrials
-1.25%
Health Care
-1.34%
Utilities
-1.71%
Information Technology
-3.07%
* * * *
Industry Focus
Telecom
7
23
9
Over the past 6 months, the Telecom subsector (XTL) has outperformed the S&P 500 by 21.05%. However, its Power Bar ratio which measures future potential is Weak, with more Bearish than Bullish stocks. It is currently ranked #16 of 21 subsectors.
Indicative Stocks
ASTS
AST SpaceMobile, Inc.
CCOI
Cogent Communications Holdings, Inc.
GSAT
Globalstar, Inc.
* * * *
Top Movers
Gainers
GPN
+5.85%
LITE
+4.47%
TER
+3.54%
AXON
+3.37%
MRVL
+3.32%
Losers
CVNA
-4.75%
HONA
-4.33%
ORCL
-3.98%
KKR
-3.93%
UPS
-3.88%
* * * *
Earnings report
Earnings Surprises
WRB W. R. Berkley Corporation
Q2
$1.27
Beat by $0.19
BOKF BOK Financial Corporation
Q2
$2.92
Beat by $0.45
CCK Crown Holdings, Inc.
Q2
$2.49
Beat by $0.33
WTFC Wintrust Financial Corporation
Q2
$3.28
Beat by $0.13
ZION Zions Bancorporation, National Association
Q2
$1.64
Beat by $0.07
* * * *
You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here.
You're receiving this e-mail at reditudo@gmail.com.
For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. - 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized financial advice.
Any brokers mentioned constitute a partial list of available brokers and is for your information only. Chaikin Analytics, LLC, does not recommend or endorse any brokers, dealers, or investment advisors.
Chaikin Analytics forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Chaikin Analytics, LLC (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.
No comments:
Post a Comment