Today's Top 5 Overvalued Stocks

By taking advantage of timing, you can position yourself for a massive windfall or avoid potential losses. Today we look at the top 5 overvalued stocks that analysts expect to drop in price.

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Elon Musk, Mark Zuckerberg Missing From AI Safety Board, MKBHD Reviews Rabbit R1 And More: This Week In AI News

Benzinga Neuro
May 05, 2024

This week was buzzing with news from the tech and investment world. From Elon Musk’s mixed feelings about AI investment to Cathie Wood’s significant trades, there was no shortage of excitement. Intel Corp (NASDAQ:INTC) gained favor among Redditors, while Mark Zuckerberg was notably missing from a new AI Safety Institute. Meanwhile, tech reviewer MKBHD had some strong opinions about a new AI device. Let’s dive into the details.

Elon Musk Reacts to AI Investment Forecast

Tesla Inc. (NASDAQ:TSLA) CEO and xAI founder Elon Musk expressed both excitement and concern over the future of AI investment. This reaction came in response to Peter Diamandis, an engineer at the Massachusetts Institute of Technology and Executive Chairman of Singularity University, who stated that we are currently at a "fraction of 1% in AI investment.” Read the full article here.

Cathie Wood’s Ark Invest Makes Significant Trades

In other investment news, Cathie Wood's Ark Invest scooped up over $4M worth of shares in Palantir Technologies Inc. (NYSE:PLTR) and Meta Platforms Inc. (NASDAQ:META). The move comes ahead of Palantir's Q1 earnings report, scheduled for May 5, 2024. Read the full article here.

See Also: ‘Have You Used Siri Lately?’ Elon Musk Answers MKBHD After Tim Cook Teases ‘Exciting’ AI Developments

Intel Gains Popularity Among Redditors

Despite recent setbacks, Intel Corp. has sparked interest among Reddit's value investing community. Investors are intrigued by Intel's potential for a turnaround and long-term growth, viewing it as a ‘high uncertainty, low risk’ stock play. Read the full article here.

Zuckerberg and Musk Missing from AI Safety Institute

In a surprising revelation, Yann LeCun, chief AI scientist at Meta Platforms, revealed that CEO Mark Zuckerberg was not included in the new AI Safety Institute led by President Joe Biden’s administration. Musk was also absent from the list. Read the full article here.

MKBHD Reviews the Rabbit R1

Finally, renowned tech reviewer Marques Brownlee, known as MKBHD, posted a review of a new AI device, the Rabbit R1. He described the device as "barely reviewable," expressing skepticism about its capabilities. Read the full article here.

Read Next: Palantir CEO Says American Tech Industry ‘Maximally Tolerant’ Of Any Personality

Photo by Andrea De Santis on Unsplash


Engineered by Benzinga Neuro, Edited by Rounak Jain


The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.


Continue Reading...

Popular
8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Nvidia surged 217.58% over the past year, 173.78% year-to-date. Here are eight large-cap stocks that outperformed it this past year.

Top 2 Utilities Stocks That May Rocket Higher In June

Top 2 Utilities Stocks That May Rocket Higher In June

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Apple has announced a suite of AI-powered features for iPhones, calling it Apple Intelligence. However, these features will be limited to select iPhones.

Trump's Niece Says Insane To Pardon 'Convicted Criminal Who's Trying To Destroy America': 'Absolutely Terrible Idea'

Trump's Niece Says Insane To Pardon 'Convicted Criminal Who's Trying To Destroy America': 'Absolutely Terrible Idea'

Donald Trump's niece Mary Trump recently slammed the idea of pardoning the ex-president after he was found guilty in the first of his four criminal trials.

MAJOR BUY SIGNAL: Move Fast, Washington/Pelosi/Mill... - Ad

His system has found stocks that soared 1,174%, 2,123%, and 11,422%. But one investment he just uncovered in Washington D.C. could be his biggest discovery yet. It involves President Biden, Nancy Pelosi, trillions of dollars -- and the biggest economic shift since 1958.

Tesla Tequila Is Back: Here's How Much Latest Collectible Will Cost You

Tesla Tequila Is Back: Here's How Much Latest Collectible Will Cost You

Tesla has reintroduced tequila in collectible lightning-shaped bottles. Here's how you can get one and how much it will cost you.

Edward Snowden Says 'Bitcoin Fixes This' In Response To NYSE Trading Glitch That Sank Warren Buffett-Led Berkshire Hathaway Shares

Edward Snowden Says 'Bitcoin Fixes This' In Response To NYSE Trading Glitch That Sank Warren Buffett-Led Berkshire Hathaway Shares

Renowned whistleblower and privacy advocate Edward Snowden used the technical glitch that disrupted trading on the New York Stock Exchange to draw attention to the inherent advantages of cryptocurrencies, notably Bitcoin (CRYPTO: BTC).

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Martha's Vineyard is about to run out of pot. That's led to a lawsuit and a scramble by regulators

Martha's Vineyard is about to run out of pot. That's led to a lawsuit and a scramble by regulators

VINEYARD HAVEN, Mass. (AP) — An 81-year-old woman on Martha's Vineyard drove up to the Island Time dispensary last week seeking her usual order of pot. But owner Geoff Rose had to tell her the cupboard was bare — he'd been forced to temporarily close three weeks earlier after selling every last bud and gummy.

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Does 'Sell In May And Go Away' Work For Bitcoin? This Researcher Crunched The Numbers

Crypto researcher TradeTheFlow challenged the prevailing notion that summer is a dull period for cryptocurrency markets, particularly Bitcoin (CRYPTO:

Claim Your Free "AI Income Playbook" Now! - Ad

Income expert Marc Lichtenfeld has a special gift reserved just for you... It's his brand-new "AI Income Playbook" - and it's yours FREE! Inside, you'll discover how to tap the unlimited profit potential of artificial intelligence... With three explosive AI stocks that are handing out monster dividends like clockwork.

GameStop-Themed Memecoin Spikes Again On Roaring Kitty's 'The Dark Knight' Meme Post

GameStop-Themed Memecoin Spikes Again On Roaring Kitty's 'The Dark Knight' Meme Post

A new social post by controversial trader Keith Gill, known by his social media name Roaring Kitty, has injected fresh volatility into GameStop (CRYPTO: GME) memecoin. 

Boil-water advisory lifted in Atlanta after water system problems

Boil-water advisory lifted in Atlanta after water system problems

ATLANTA (AP) — Residents in Atlanta no longer must boil water before drinking it, officials said Thursday, six days after a west of downtown affected service and spurred the advisory.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation

In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation

Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated.

Apple's Warranty Updates, iPhone Support Duration, And More: This Week In Apple News

Apple's Warranty Updates, iPhone Support Duration, And More: This Week In Apple News

Apple Inc. has been in the spotlight this week with policy changes and revelations. From cracked screen repairs to iPhone support period, here's a round-up of the top stories.

This Election Shocker Could Be Worse Than Trump's Conviction - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

Mexican peso weakens as next president vows to forge ahead with 20 reforms - and adds a couple more

Mexican peso weakens as next president vows to forge ahead with 20 reforms - and adds a couple more

MEXICO CITY (AP) — The Mexican peso continued to weaken Tuesday as Mexico’s outgoing president — and his successor — vowed to forge ahead with some 20 c

Boeing Insists On Adherence To Legal Agreement Post-737 MAX Crashes: Report

Boeing Insists On Adherence To Legal Agreement Post-737 MAX Crashes: Report

Boeing reportedly maintains it adhered to a 2021 agreement aimed at avoiding prosecution after the 737 MAX incidents, countering U.S. claims of non-compliance. The company's commitment to transparent engagement highlights its efforts to navigate legal complexities ahead of the Justice Department's crucial July 7 decision on extending prosecution terms.

The 7th Trillion Dollar Company? - Ad

There are six American companies worth over $1 trillion. Could there be a seventh soon? This company signed a massive deal with Apple until 2040 and is also involved with Nvidia, Google, and Samsung. Could this be the next trillion-dollar company? A top stock expertpicker thinks so.

Tesla Customizer Upfits Cybertruck For The Police Forces, Elon Musk Thinks It's 'Cool'

Tesla Customizer Upfits Cybertruck For The Police Forces, Elon Musk Thinks It's 'Cool'

California-based Unplugged Performance customized the Tesla Cybertruck for law enforcement with siren systems, light bars, and specific graphics.

Denmark recalls 3 spicy instant noodle soup brands from South Korea used in online food challenges

Denmark recalls 3 spicy instant noodle soup brands from South Korea used in online food challenges

COPENHAGEN, Denmark (AP) — Food authorities in Denmark have recalled three types of spicy instant noodle products imported from South Korea over possible risks for “acute poisoning.” Consumers are asked to discard them or return the noodles to the retailer.

Must-See: Elon's New Invention is Absolutely Insane - Ad

When you click here and see what Elon Musk's new invention does... And how it works... You will NOT believe it. You'll tell yourself this is just science fiction. But Elon just tested this in a real human... And the result was mind-blowing.

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

SAN FRANCISCO (AP) — A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom.

Traffic resumes through Baltimore's busy port after $100M cleanup of collapsed bridge

Traffic resumes through Baltimore's busy port after $100M cleanup of collapsed bridge

BALTIMORE (AP) — Authorities anticipate commercial shipping traffic through the Port of Baltimore will soon return to normal levels since the channel fully reopened earlier this week for the first time since the Francis Scott Key Bridge collapse.

What Is Nvidia's New $1 Trillion Superproject? - Ad

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Edward Snowden Takes A Jab At Elizabeth Warren's Anti-Bitcoin Stance Through The Infamous 'We're All Going To Die' Remark Broadcast On China-Controlled TV

Edward Snowden Takes A Jab At Elizabeth Warren's Anti-Bitcoin Stance Through The Infamous 'We're All Going To Die' Remark Broadcast On China-Controlled TV

Renowned whistleblower and privacy advocate Edward Snowden poked fun at Senator Elizabeth Warren (D-Mass.) for her anti-Bitcoin (CRYPTO: BTC) stance by comparing it with the bizarre perspective of the Chinese Communist Party.

Why BioSig Technologies (BSGM) Shares Are Down Over 60%

Why BioSig Technologies (BSGM) Shares Are Down Over 60%

BioSig Technologies shares are trading lower by 67% during Tuesday's session. The company said it was notified by the Nasdaq Hearings Panel that its common stock will be delisted.

This Billionaire's Final Masterpiece: "X-9840" - Ad

The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."

How These 2 Nasdaq-Listed Marijuana Companies Found A Way To Raise $250M Without Tanking Their Stock

How These 2 Nasdaq-Listed Marijuana Companies Found A Way To Raise $250M Without Tanking Their Stock

This week's Viridian Valuation Tracker investigates the valuation metrics of Canadian cultivation and retail companies with market caps over $100M.

Bitcoin, Ethereum, Dogecoin Move Sideways Ahead Of Fed's FOMC Meet: Analyst Says 'Only A Matter Of Time' Before King Crypto Hits $74K

Bitcoin, Ethereum, Dogecoin Move Sideways Ahead Of Fed's FOMC Meet: Analyst Says 'Only A Matter Of Time' Before King Crypto Hits $74K

Leading cryptocurrencies maintained sideways movement Sunday evening as investors eyed the Fed's interest rate decision and inflation data for guidance.

Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad

Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.

GM board approves another $6 billion share repurchase as the automaker gains momentum

GM board approves another $6 billion share repurchase as the automaker gains momentum

WASHINGTON (AP) — General Motors approved another $6 billion share repurchase as the Detroit automaker continues to build momentum in 2024.

Shiba Inu, Ethereum, Chainlink Flash This 'Long-Term Bullish Signal' Despite Recent Drop

Shiba Inu, Ethereum, Chainlink Flash This 'Long-Term Bullish Signal' Despite Recent Drop

While the cryptocurrency market edged lower Thursday, several of the most popular coins showed a strong bullish indication. What Happened: Ethereum, Shiba Inu, and Chainlink endured significant losses during the day, as indicated below. 

Ex-CIA Insider Exposes How Dems Could Rig the Election - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Germany hosts recovery conference for Ukraine before a peace summit in Switzerland

Germany hosts recovery conference for Ukraine before a peace summit in Switzerland

BERLIN (AP) — Germany is hosting a conference on Tuesday to gather support for Ukraine's recovery from the , sending a new signal of solidarity with Kyiv at the start of a week of intense diplomacy.

Asia Mixed While European Markets Dip, Crude Slips To $77 On Reduced Demand Forecast - Global Markets Today While US Slept

Asia Mixed While European Markets Dip, Crude Slips To $77 On Reduced Demand Forecast - Global Markets Today While US Slept

Asian markets showed mixed results on Thursday, with commodities like Crude Oil WTI, Gold, Silver, and Copper trading lower amid economic concerns.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Trump Vs. Biden: Hush-Money Conviction Signals Good News For One Candidate In Tight Presidential Race

Trump Vs. Biden: Hush-Money Conviction Signals Good News For One Candidate In Tight Presidential Race

Ahead of the 2024 presidential election, President Joe Biden has taken a narrow lead over former President Donald Trump in a recent poll, following Trump's felony conviction.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service