Forget Nvidia! This Stock Is Poised to Be  AI’s Next “Golden” Child Stock 

Let the momentum continue! It’s been a wild ride this week in the markets, but as the S&P 500  opens 13 points higher this morning, the sentiment is clear: Trend baby, trend! This bull rally we’ve gotten ourselves into is no doubt causing quite the headwind (and news) to look out for throughout the trading day…

Which is why in today’s issue, we’re uncovering the real reason behind Tesla’s 7.2% pre-market jump…

The little known stock set to STEAL Nvidia’s AI limelight…

And of course, this morning's top pre-market winners to keep your eyes on as the madness of today unfolds. 

As always, there’s a lot to uncover…

So let's get to it! 

BREAKING: Elon Leaks Huge Announcement 

It appears Elon has officially let the cat out of the bag! Tesla's shares have skyrocketed following CEO Elon Musk's “spill the beans” announcement that shareholders have overwhelmingly backed his controversial pay package and the company's plan to relocate to Texas. 

The news comes on the heels of a lengthy legal battle over Musk's compensation, which could see him earn up to $55.8 billion in stock options if Tesla hits certain milestones. A Delaware judge had previously voided the award, citing conflicts of interest among Tesla's board members and inadequate disclosure practices.

Undeterred by the setback, Musk and Tesla's board launched a concerted effort to rally shareholder support for the proposals. Tesla Chair Robyn Denholm engaged with large institutional investors, while the company placed numerous ads on X, the social media platform owned by Musk, to promote the vote.

The campaign appears to have paid off, with Musk taking to X to share charts indicating that shareholders had approved the measures "by wide margins." The announcement sent Tesla's stock soaring by as much as 7.2% in pre-market trading, as investors reacted positively to the news.

However, the vote's legal implications remain uncertain. While shareholder approval may bolster Tesla's position in an appeal or rehearing, the company acknowledges that the outcome's treatment under Delaware law is difficult to predict.

Prominent Tesla investors, including Cathie Wood's Ark Investment Management LLC and Ron Baron of Baron Funds, have voiced their support for re-approving Musk's pay package. Baron, in particular, emphasized Musk's indispensable role at Tesla, suggesting that the vote could determine whether the visionary CEO remains with the company. However, the proposal has also faced opposition from significant players such as Norway's sovereign wealth fund and the California Public Employees' Retirement System.

As Tesla gears up for its annual shareholder meeting in Austin, the company has acknowledged the potential for legal challenges to its proposed relocation to Texas, including objections from shareholders under Delaware law.

With the eyes of the financial world fixed on Tesla, the shareholder meeting, set to be livestreamed, promises to be a defining moment for the company and its charismatic leader. As the dust settles on this latest chapter in this Tesla (and Elong) sage, one thing remains clear: Elon Musk's ability to captivate and polarize shows no signs of waning.

Forget Nvidia! This Stock Is Poised to Be  AI’s Next “Golden” Child Stock 

When it comes to mainstream headlines, the limelight has no doubt revolved around Nvidia’s seismic rise of dominance. Yet, while it's easy to get swept up in the frenzy surrounding the AI giant, savvy investors know that chasing the hottest stock on the block can be a risky game, and that there may be hidden gems waiting to be discovered. Enter Intuitive Surgical (NASDAQ:ISRG), a magnificent growth stock that has the potential to revolutionize the healthcare industry and deliver impressive returns for long-term investors.

While Nvidia basks in the spotlight with its $3 trillion valuation, some investors may be wary of jumping on the bandwagon, fearing that they might be buying shares at the peak of the excitement. History has taught us that investing in thematic stocks, such as COVID, meme, or metaverse stocks, can be a treacherous path, with many investors finding themselves on the wrong side of the trade. Intuitive Surgical, on the other hand, offers a compelling investment opportunity in the next-gen technology space, with a focus on transforming the world of surgery.

The company's latest innovation, the da Vinci 5 surgical system, is a testament to Intuitive Surgical's commitment to pushing the boundaries of what's possible in the operating room. With its cutting-edge 3D imaging, enhanced depth perception, improved ergonomics, and a staggering 150+ design innovations, the da Vinci 5 is poised to revolutionize surgical procedures by making them less invasive, more efficient, and more precise. The system's increased computing power also positions it to leverage the advancements in AI and machine learning, further enhancing its capabilities and value proposition. 

Intuitive Surgical's growth story is not just about its impressive technology; it's also about the increasing adoption of its surgical systems. The company's revenue growth of 11% in Q1, coupled with a 16% year-over-year increase in da Vinci procedures, demonstrates the strong and persistent demand for its products. Over the past five years, Intuitive Surgical's revenue has nearly doubled, while its profits have risen by approximately 60%. With the surgical robotics market projected to reach a staggering $25 billion by 2030, growing at a compound annual growth rate of 15.4%, Intuitive Surgical is well-positioned to capture a significant share of this expanding market.

While the stock may not come cheap, trading at 75 times its trailing earnings, the premium is justified by the company's immense growth potential and impressive profit margins. Intuitive Surgical's 25% profit margin in the previous year is a testament to its financial strength and the value it creates for its shareholders. By investing in Intuitive Surgical, investors are not only tapping into the long-term growth of the healthcare industry but also the transformative power of AI, which has the potential to unlock new applications for the company's surgical systems and enhance their utility for surgeons worldwide.

In a market where the allure of the latest hot stock can be overwhelming, Intuitive Surgical stands out as a magnificent growth opportunity that should not be overlooked. With its game-changing robotic systems, strong financial performance, and the ability to harness the power of AI, this company is poised to deliver exceptional returns for long-term investors who are willing to look beyond the hype and focus on the fundamentals.

Thursday’s Pre-Market Winners to Keep An Eye On

Pre-market stock movers are capturing the attention of investors on Thursday, as a wave of significant stock market news dominates the morning headlines. From clinical trial updates to earnings reports and acquisition announcements, there's no shortage of catalysts driving the action in these early trading sessions.

Leading the pack of pre-market gainers is Neo-Concept (NASDAQ:NCI), with its stock price surging more than 60% amid heavy trading volume. 

Sify Technologies Limited – Rights (NASDAQ:SIFYR) is once again not far behind as it makes a strong showing, with shares soaring over 29% just days before the company's scheduled delisting next week.

Longeveron (NASDAQ:LGVN) is another notable mover, with its stock surging more than 28% on the back of positive clinical trial news. 

Fangdd Network (NASDAQ:DUO) is also gaining traction, with shares up over 24% in early morning trading.

Nxu (NASDAQ:NXU) is attracting investor attention, as its stock rises more than 17% on heavy trading volume. 

Sequans Communications (NYSE:SQNS) is also making solid gains, with shares climbing over 16% today.

Broadcom (NASDAQ:AVGO), is another standout performer with its stock heading 13% higher following the release of impressive Q2 earnings and the announcement of a stock split plan that has investors taking notice. 

Aethlon Medical (NASDAQ:AEMD) is another gainer, climbing more than 11% despite the absence of any clear news catalyst.

CaliberCos (NASDAQ:CWD) is joining the ranks of pre-market winners, with its stock jumping over 11% this morning. 

Roma Green Finance (NASDAQ:ROMA) rounds out this morning's top 10 gainers with shares up more than 10%.

For those looking to get ahead of today’s top opportunities, these stocks that stole the show in the pre-market are definitely setting the stage for an eventful trading session ahead. 

As always, investors should exercise due diligence and carefully consider their investment objectives and risk tolerance before making any decisions based on pre-market movements. Nevertheless, the stocks highlighted here provide a compelling snapshot of the market dynamics at play and the potential opportunities that may arise as the trading day unfolds.

Stocks.News has positions in Tesla