00:00 Speaker a
What are the most important AI stocks on the market today? Is it an oracle or nvidia? Still with me, the opening bid round table, Steve Sosnick, Brooke DiPalma, Inezfele. Steve, go right to you. Over the past two years or so, you and I have talked about Ton about Nvidia as our beloved people in the AI market. But is it really Oracle now that is likely to drive this AI trading, and I would probably even say a wider market.
00:24 Steve Sosnick
Well, switching between that story is fascinating, but I'm still with the person who brought me to the dance and that's nvidia. Well, the bottom line is something they still pump out the chips that everyone still needs and everyone wants. And don't forget that their biggest customers are still the biggest drivers. It's Microsoft and of course openly related. Well, that's meta, it's Amazon. Basically, the remaining magazines are 7. Mag 7 Stock serves mam. Well, I'm probably advocating a broader addition to include oracle in nomenclature, but for now I still need to stick with nvidia.
00:58 Speaker a
It's okay, Steve, you're sticking to nvidia. Brooke, are you ready to change your loyalty here?
1:05 Brook DiPalma
So it's everything we've heard after all this. I'm going to stick with what Steve said. Anyone who brings me to dance is the one I go with. And it feels like I've felt it all year round. We've been really chatting about Nvidia being a leader in AI Arms Revolution here. In other words, I've heard it over and over again from Dan Ives on Wedbush Multithers. He really calls AI a leader here and the godfather of AI is Jensen Wong. That's his important phrase. And what we really saw is that in the last 36 hours, investors really gather around Oracle. I would like to point out that on our website, Yahoo Finance's UH Toolbox, the Trailing PE ratio, i.e. the price and return rate is Oracle's $76. And it's either going ahead, or rather going ahead with Nvidia's $50 UH price return rate. And I really want to emphasize that in the last 36 hours alone it appears that Oracle has had this big run. But if you're watching now at this morning time, we're just looking at a slight pullback. So it will be interesting to see if investors continue to ralend behind the momentum they've seen the year on Nvidia. The stock has actually risen above 30%, which is a constant story, especially over the summer months, with constant momentum.
