Oxbow Advisors’ Ted Oakley says the AI trade looks eerily similar to the dot-com bubble witnessed in the late 1990s. In a new interview with David Lin, the founder and managing partner of the $2.1 billion wealth manager explains why his firm is staying away from the sector, despite the momentum behind leaders like Nvidia (NVDA). Oakley warns that valuations of AI stocks appear to be disconnected from fundamentals. “If you go back and look at a lot of the AI names, you know, have NVIDIA and all that group, all that stuff. We don’t have that. We don’t own…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
Sam Altman says OpenAI is preparing to test a new phase for ChatGPT, one that leans heavily on compute and stretches the economics of today’s large models. In a new post on X, the OpenAI CEO says users will get to access ChatGPT’s new offerings soon. “Over the next few weeks, we are launching some new compute-intensive offerings. Because of the associated costs, some features will initially only be available to Pro subscribers, and some new products will have additional fees.” Altman also says the rollout comes as OpenAI experiments with making tools widely available while grappling with the expense…
Asset management giant Baird believes Tesla (TSLA) has more room to run, raising its outlook on the stock with artificial intelligence front and center. In a note, Baird analyst Ben Kallo says the firm is upgrading its outlook on the electric vehicle maker to Buy from Hold, reports Barron’s. Kallo also boosts TSLA’s price target from $320 to $548, citing a larger shift from AI software to robotics and self-driving technology. According to Kallo, there is a “physical AI inflection ahead.” The analyst points to catalysts including the expansion of Tesla’s robo-taxi service, unveiling of its humanoid robot Optimus, other…
Tech stock strategist Dan Ives says Apple’s (AAPL) latest iPhone cycle is off to a stronger start than expected, prompting him to raise his outlook on the stock. In a new post on X, the Wedbush Securities managing director says sales of the iPhone 17 are flashing early signs of momentum, noting that demand could exceed projections. “Raising price target on Apple to $310 based on the early strong demand signs coming out of the iPhone 17 cycle. With iPhone 17 officially going on sale, we are positively surprised on the demand trajectory…units appear to be tracking 10%-15% ahead of…
Dario Amodei says a single decision in Washington about AI chips could undermine America’s standing as the most powerful nation on the planet. In a panel discussion at Axios’ AI+ DC Summit 2025, the Anthropic CEO says US leadership in advanced chips is directly tied to the future of democracy and economic power. He says that the one who wins the AI race could control the fate of nations, noting that it is “completely nuts” for the US to sell Nvidia chips to China. “And if we look at all the ingredients, China has many of them better than we…
Billionaire venture capitalist Vinod Khosla warns that people will lose a lot of money chasing the AI trade. In a new Fox Business interview, Khosla says investors pouring money into the AI trade would be better off following the example of fellow billionaire Warren Buffett. He makes the statement as he believes that most bets in AI will not pay off. “You were just talking about Warren Buffett. He doesn’t invest for the next quarter. He invests for the next decade, as you’ve seen from his bets. I think that is the way to approach AI. I believe most investments…
A Minnesota woman has admitted to orchestrating a yearslong scheme built on false promises of AI cures. Tammy Wadsworth, 63, pleaded guilty in U.S. District Court in Minneapolis to possession of counterfeit medical products, conceding that she marketed devices through the pain clinic she founded, reports The Minnesota Star Tribune. Federal prosecutors agreed to drop the remaining counts in her indictment as part of a plea deal. Court documents show that Wadsworth recruited franchise owners across the country beginning in 2017. She sold them devices and gels from a third-party vendor, then replaced the manufacturer’s labels with her own for…
Banking titan JPMorgan Chase warns that the stock market’s biggest threat may not come from politics or policy – but from the AI trade. Kerry Craig, a global market strategist at JPMorgan Asset Management, says one factor tied to artificial intelligence could carry more weight than geopolitical tensions in determining whether the record-breaking rally holds, reports Bloomberg. “There’s so much focus on AI, that some disappointment could lead to a bigger pullback.” Craig points to the surge in spending by hyperscalers, cautioning that valuations leave little room for error. “If those aren’t translated into revenues, you could see the market…
Mark Zuckerberg says Meta faces a risk that outweighs even the loss of staggering sums in artificial intelligence spending. In a new interview on the ACCESS Podcast, the Meta CEO says he has weighed the risks and the rewards of pouring hundreds of billions of dollars into the AI race. While Zuckerberg acknowledges that the financial stakes are extraordinary, he highlights that falling behind is not an option for Meta. “And if we end up misspending a couple of hundred billion dollars, I think that that is going to be very unfortunate, obviously. But what I’d say is I actually…
A Kenyan trafficking survivor says AI tool ChatGPT was deployed at scale inside a Southeast Asian scam compound, where hundreds of forced laborers were ordered to pose as American investors and funnel victims into bogus crypto schemes. Duncan Okindo, 26, says he was lured to Thailand with the promise of a customer service job last year, then abducted and taken across the border to KK Park, a heavily guarded compound in Myanmar, reports Reuters. He says he spent four months working under armed supervision before escaping in April. Inside the facility, Okindo says workers sat in large rooms lined with…