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Global-E Online (GLBE) Sold Down Heavily

We recently published 10 Stocks Facing a Total Meltdown. Global-E Online Ltd. (NASDAQ:GLBE) is one of the worst-performing stocks on Wednesday.

Global-E Online declined by 8.57 percent on Wednesday to close at $31.06 as investors resorted to early profit-taking after an intra-day surge, buoyed by a strong earnings performance in the second quarter of the year.

During the session, Global-E Online Ltd. (NASDAQ:GLBE) opened 8 percent higher than its previous day’s close, rose as high as 9 percent to $37.05, before traders booked profits to finish the day in the red.

In the second quarter of the year, Global-E Online Ltd. (NASDAQ:GLBE) swung to a net income attributable to shareholders of $10.49 million from a $22.44 million net loss in the same period last year. Revenues grew by 28 percent to $214.88 million from $168 million year-on-year.

In the first half, net loss narrowed by 86 percent to $7.36 million from $54.49 million in the same period last year, while revenues soared by 29 percent to $404.7 million from $313.88 million year-on-year.

Encouraged by the results, Global-E Online Ltd. (NASDAQ:GLBE) raised its growth outlook for the full-year period, with revenues now targeted at $921.5 million to $971.5 million, as compared with the $917 million to $967 million expected previously.

For the third quarter alone, revenues were pegged at $214 million to $221 million.

While we acknowledge the risk and potential of GLBE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GLBE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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