On TCAF this week, Josh Brown and Michael Batnick spoke with Adam Parker, CEO and Founder of Trivariate Research and Rob Sechan, CEO of New Edge Capital Group. They discussed the state of software stocks, whether the semiconductor rally has gone too far, how AI is impacting corporate profitability, and where investors can still find value in an expensive market. (Listen)

There are some big moves happening in the stock market, including a historic move in the semiconductor stocks. Which is all well and good, but true investing success only plays out over the long run. Nick Maggiulli at Of Dollars and Data looks at why survival, rather than any arbitrary rate of return, matters in the end.

Speaking of semiconductors, Josh Brown at Downtown Josh Brown wrote about the mother of all semi stocks, Nvidia. You can read the whole thing to better understand the Nvidia story, but the chart below shows the stock back at all-time highs after a period of consolidation.

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Next week on TCAF, Josh and Michael will be joined by Neeraj Khemlani, author of The Coffee Can Investor: A Stock-Picker’s Journey to Build Generational Wealth and Matt Ankrum, Managing Partner and Portfolio Manager at Ankrum Capital.