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Tech giants have sparked significant market shifts this week, with Haytham Dhiab of Gerber Kawasaki sharing views on TikTok, Nvidia, Alphabet, Tesla, Oracle, and Apple. Dhiab notes that ongoing negotiations between the US and China regarding TikTok are unlikely to be resolved quickly, describing the process as a drawn-out series of regulatory and political manoeuvres. Dhiab suggests that while regulation or a ban is possible, negotiations look set to continue for some time.,On Nvidia (NASADQ:NVDA), Dhiab sees China’s ongoing anti-monopoly investigation as part of broader US-China tensions, with the chips producer’s exposure to China representing an annual $20 billion revenue stream. Despite potential short-term volatility, Dhiab expects continued strong demand for Nvidia’s chips globally, diminishing long-term impact from regulatory setbacks.
Dhiab calls Alphabet (NASDAQ:GOOGL) an underrated AI leader, highlighting its Gemini product and deep engineer resources as key assets. The conversation moves to Tesla (NASDAQ:TSLA), where Dhiab expresses scepticism about Elon Musk’s recent $1 billion stock purchase and questions the logic behind Musk’s substantial new pay package. Oracle (NASDAQ:ORCL) is recognised as transforming from a ‘sleepy’ database player to a major AI and cloud infrastructure provider, following substantial deals, including a $300 billion arrangement with OpenAI.
Turning to Apple (NASDAQ:AAPL), Dhiab points to rising device costs and slower innovation, particularly in AI, as areas of concern, despite strong ambitions for health-driven devices like the Apple Watch.
