Nvidia has become more than just a semiconductor company. Its results have become one of the clearest indicators of whether the enormous investment boom in artificial intelligence is still gathering momentum.
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, examines what Nvidia’s latest earnings tell us about the AI boom — with record revenue, strong data centre demand, and another major upgrade to its outlook suggesting there’s still plenty of runway ahead. We unpack ...
Every ASX reporting season, investors are bombarded with headlines declaring that corporate Australia is thriving or struggling based on the latest profit results. Bank earnings beat expectations. Miners miss forecasts. Retailers warn about consumer spending. Before long, a narrative emerges that ...
Most of the debate around Division 296 has focused on whether taxing unrealised gains is fair. A more interesting question is who bears the cost of Australia's changing demographics.
For much of the past six months, the direction of U.S. Treasury yields has been hard to ignore. The 10-year Treasury yield has climbed from around 4% to roughly 4.7%, briefly moving above that level. That has raised a broader question for investors: can U.S. Treasury Secretary Scott Bessent ...
Every few years, investors are told a new tax change will transform the investing landscape.
In this week’s podcast, we ask whether Scott Bessent is losing control of the U.S. bond market — as long-term Treasury yields surge despite government intervention. We unpack what’s driving the bond selloff, from soaring deficits and a $40 trillion national debt to inflation risks and growing ...
For me, the most interesting investment question involving SpaceX isn’t whether it is worth the enormous valuation. It’s whether Elon Musk can build AI data centres quickly enough to change the supply-demand balance of the entire industry.
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, explores what SpaceX is really becoming — from Grok and massive AI data centres to AI satellites and ambitious plans for space-based computing. With Musk targeting 10 gigawatts of AI compute by 2027, we ask whether ...
In July, the Australian dollar exposure was the main driver of returns as the heat came out of many of the booming semiconductor stocks. Our portfolios all outperformed their benchmarks significantly. Profit growth continues to be extraordinary. Stockmarket valuations are at the 80th percentile ...
When I think about El Niño, the first thing that comes to mind is usually weather: droughts, floods, bushfires and storms. But for investors, I think the more important question is what happens after the weather changes. A super El Niño does not automatically mean a market crash, nor does it ...
In this week’s podcast, we're examining the investment fallout from a potentially historic El Niño — from droughts, floods and crop disruptions to rising food prices and renewed inflationary pressure. With El Niño strengthening and forecasts pointing to a potentially severe event, we explore which ...
What is the Great Wealth Transfer in Australia? There is an old saying in financial circles: the secret of business is to get between the money and the person who is about to receive it. The person leaving the money is no longer around to object. The person receiving it is simply grateful to be ...
Every time another tech giant announces billions of dollars in spending on AI infrastructure, the same question comes to mind: are we witnessing the next great technological revolution, or simply watching another investment bubble inflate? It's an understandable concern.
In this week’s podcast, Nucleus Wealth’s Chief Investment Officer, Damien Klassen, revisits the data centre investment boom — exploring whether the world is on track to build more capacity than it needs, how modular data centres are changing the economics of expansion, and whether the enormous ...
