AI BOOM could send this under-the-radar stock higher, investor says

CHERYL: THE CLOSING BELL RINGS IN JUST ABOUT SEVEN AND A HALF MINUTES FROM NOW. THE DOW IS FIRMLY ON TRACK FOR A RECORD CLOSE. THE S&P TEETERING BUT STILL AT THIS POINT, THIS WOULD BE NUMBER 26 FOR THE S&P. THIS WOULD BE NUMBER 24 FOR THE DOW. WE'LL WATCH THESE NUMBERS AS WE MOVE INTO THE CLOSE. IT'S REALLY CLOSE. META HAS JUST ANNOUNCEED IT'S TAKING ON ANTHROPIC AND OPENAI. THE COMPANY JUST REVEALED IT'S COMING OUT WITH A CODING AGENT CALLED MUSE CODE AS A CHEAPER ALTERNATIVE TO COMPETITORS. META'S A.I. CHIEF, ALEXANDER WANG, SAID THAT MUSE CODE IS AN INCREDIBLY GOOD OPTION FOR WORK FLOWS FROM A COST PERSPECTIVE. META SAYS SOME EMPLOYEES ARE ALREADY USING IT INTERNALLY AND EXPECTS USAGE TO GAIN SOME MOMENTUM. THERE IS META, THE TOCK IS FRACTIONALLY -- STOCK IS FRACTIONALLY HIGHER RIGHT NOW, BUT IT DID TURN POSITIVE ON THE NEWS. SPEAKING OF ANTHROPIC, REPORTS ARARE THAT THE A.I. START-UP WIL BUILD ITS OWN CHIPS TO HELP SUPERCHARGE ITS CHATBOT, CLAUDE. THE DECISION WILL ALLOW CLAUDE TO RUN FASTER AND MORE AT THE SCALE OUR CUSTOMERS NEED, BUT ALL THAT MASSIVE A.I. FIREPOWER HAS TO COME FROM SOMEWHERE, AND OUR COUNTDOWN CLOSER SAYS THIS ONE STOCK IS POISED TO BECOME THE INTERNAL STANDARD -- ESSENTIAL STANDARD TO POWER THE A.I. BOOM. JOINING ME NOW IS MATTHEW TUTTLE WITH $5 BILLION UNDER MANAGEMENT. IT'S GREAT TO HAVE YOU HERE, SIR. >> THANK YOU VERY MUCH. CHERYL: SO WHAT IS THE NAME? >> SO ONE OF OUR FAVORITE NAMES IN THE A.I. PICKS AND SHOVEL ISES IS BICR. AND, YOU KNOW, THAT SATISFIES ONE OF BIG BOTTLENECKS WHEN IT COMES TO A.I. WHICH IS HOW DO YOU POWER THE CHIPS. AND IT'S REALLY SET UP FOR THE NEXT GENERATION OF WHERE THE A.I. POWER TRADE IS GOING. AND IT'S A LITTLE BIT BELOW THE RADAR SCREEN. IT'S RUN UP A LOT, BUT THE IT'S A NAME YOU DON'T REALLY HEAR PEOPLE TALKING ABOUT. CHERYL: ESPECIALLY BECAUSE, YOU'RE RIGHT, THIS IS ONE OF THOSE ANCILLARY NAMES, BUT THERE'S MANY OF THESE NAMES. AND WHEN YOU SEE THIS ROTATION COMING OUT OF THE MAG 7 AND D AO THE HYPERSCALERS, IS THIS WHERE YOU'RE KIND OF FOCUSING RIGHT NOW YOUR ATTENTION TO KIND OF FIND THAT THE LESSER NAMES, MAYBE THE SMALL AND MID-CAP STORIES, IS THAT AN IN GENERAL FOCUS FOR YOU? >> YEAH. IT'S A HIX OF THINGS. FIRST OFF, THE MARKET IS REWARDING THE BENEFICIARIES OF THE SPEND MORE THAN THE SPENDERS. SO WE'RE LOOKING WHO ARE GOING TO BE THE BENEFICIARIES, THEN WE'RE LOOKING WHERE THE BIG BOTTLENECKS ARE. IT'S MEMORY, PHOTONICS, SPACE, POWER. AND THEN FROM THERE WHAT ARE THE NAMES THAT NOT EVERYBODY IS TALKING ABOUT THAT MAYBE WE CAN GET IN A LITTLE BIT BEFORE THE CROWD GETS IN, BECAUSE ONCE THE CROWD GETS IN, SOMETHING'S GOING TO GO CRAZY. CHERYL: WELL, YOU'VE GOT A SPACEX STORY TO TELL. YOU DO. WE GOT NUMBERS FROM THEM LAST NIGHT. GO AHEAD. >> YEAH. IN SPACEX, WE WRITE A DAILY NEWSLETTER X AND TOMOMORROW'S NEWSLETTER IS GOING TO BE THE A.I. CAPEX DEBATE JUST WENT TO SPACE. SO WE'RE SEEING THE SAME TYPE OF DEAL. THEY'RE GETTING PUNISHED FOR THE SPENDING. PEOPLEN WANT TO KNOW WHERE THE REVENUE IS -- PEOPLE WANT TO KNOW. THEY WERE UP 9.5 PERCENT YESTERDAY, SO IT'S NOT THAT BIG A SELLOFF, YOU KNOW, ELON DID DELIVER. I MEAN, HE BEAT EVERYWHERE, BUT I THINK PEOPLE ALSO REALIZE THE FIRST EARNINGS, MAYBE ELON WAS GOING TO BEAT A LITTLE BIT MORE. WE LOVE THE STOCK. I OWN IT IN THREE OF OUR E ETFs. WE'RE NOT BUYING MORE, WE'RE NOT SELLLLING IT. I THINK IT'S A GREAT LONG-TERM HOLD. THE NEXT DAYS, WEEKS, MONTHS LIKELY TO BE VOLATILE. WE HAVE GOT SOME INSIDERS THAT ARE ABLE TO SELL. WE'LL SEE WHAT IMPACT THAT IS. BUT ELON'S GOING TO BE IN THE THICK OF THE A.I. TRADE. WE'RE NOT BETTING AGAINST HIM. CHERYL: I THINK TOMORROW THE 20% INSIDER UNLOCKS, THAT TRADE. AND IF YOU'RE -- ESPECIALLY IF YOU'RE AN EMPLOYEE OF, OR ANYBODY ON THE INSIDE OF THIS IPO, YOU MIGHT BE, YOU KNOW, SHARE RICH BUT CASH POOR. SO IT'S CERTAINLY AFFECTING THE STOCK. WE EXPECTED THAT WITH THE EARNINGS. BUT WHAT I THINK WE DIDN'T EXPECT IS THERE WAS GOING TO BEE SUCH A CASH BURN. AND IN GENERAL WHAT'S THE STRATEGY HERE? IS IT STARLINK WHICH IS REALLY THE GOLDEN GOOSE, OR IS THE STRATEGY HE WANTS TO BUILD DATA CENTERS IN OUTER SAYS? HE WANTS TO, YOU KNOW, LAUNCH MORE ROCKETS. WHAT WAS YOUR TAKEAWAY FROM THAT CONFERENCE CALL? >> MY TAKEAWAY WAS IT WAS ALL OF THAT. HE WANTS FOB EVERYTHING -- TO BE THE EVERYTHING. ASK THAT IN IN AND OF ITSELF CREATES A PROBLEM. HOW DO WE VALUE YOU. DO WE VALUE YOU FOR STARLINK? IS IT DATA CENTERS? IS IT SPACE? WHAT ARE YOU EXACTLY. AND IT'S NOT A SURPRISE, I MEAN, WHAT'S TESLA? IS TESLA AN EV COMPANY, A ROBOT COMPANY, AN A.I. COMPANY? THAT'S JUST THE WAY ELON MUSK ROLLS. I'M FINE WITH IT. AGAIN, WE OWN IT IN THREE ETFs. I LIKE THE STOCK. BUT I CAN SEE WHERE PEOPLE WOULD BE CONFUSED AS TO WHAT THE HECK THIS THING REALLY IS. CHERYL: WHAT ARE THE OPPORTUNITIES IN YOUR MIND RIGHT NOW? WHERE ARE WE NOT LOOKING? HAVE SO ONE OF MY FAVORITE NAMES THAT NO ONE'S TALKING ABOUT IS WATER BRIDGE INTERNATIONAL. IT'S A WATER COMPANY IN THE PERMIAN BASIN THAT'S SET UP FOR, YOU KNOW, OIL AND GAS DRILLING INDUSTRY. THEY'RE NOT IN THE DATA CENTERS IN A BIG WAY YET, BUT THEY MAY BE. I HEARD YOU TALK ABOUT DATA CENTERS EARLIER, THE NEED FOR WATER. THAT'S A REAL UNDER THE RADAR SCREEN NAME THAT COULD POTENTIALLY POP. THE OTHER AREA THAT WE LOVE IS WE LOVE THE GOLD MINERS. YOU KNOW, THTHE TIME TO BUY GOLD IS WHEN NOBODY ELSE WANTS IT. I THINK YOU'RE SEEING THE BOND VIGILANTES BASICALLY COMING OUT AND SAYING, HEY, WE'VE GOT NO CONFIDENCE IN THE FED. YOU'RE SEEING WHAT'S GOING ON WITH THE YEN, AND WE LOOK AT GOLD AS KIND OF A HARD MONEY HEDGE. SO WE REALLY DO LIKE GOLD HERE. FRANCO, NEVADA, IS MY FAVORITE GOLD MINER. CHERYL: WHAT ABOUT THE GENERAL ECONOMY? HOW CLOSELY ARE YOU CATCHING HOR AND THE MARKET REACTS? THAT DOES FACTOR IN TO, I'M ASSUMING, YOUR OVERALL INVESTMENT PICTURE. >> IT DOES. THE THING I'M FOCUS MORE ON IS RATES. WHAT I NOTICED OUT OF THAT FED MEETING, WE DIDN'T RAISE RATES, THREE DISSENTS -- FIRST TIME THAT'S HAPPENED IN, LIKE, TEN YEARS -- BUT THE BOND VIGILANTES SHOT INTEREST RATES UP. THEN YOU HAVE GOT WHAT'S GOING ON WITH THE YEN CARRY TRADE. DOES THAT TRANSLATE INTO TREASURIES. SO WE'RE WATCHING THE 10-YEAR. AND 5% IS KIND OF OUR LINE IN THE SAND. IF WE SEE THE 10-YEAR GO OVER 5%, THAT CHANGES MY VIEW ENTIRELY OF THE MARKET. I DON'T KNOW THAT WE'RE DOING TO GET THERE, AND I REALLY HOPE WE DON'T BECAUSE I'M ENJOYING THIS LITTLE RALLY HERE. BUT I WOULD BE WORRIED IF THAT HAPPENED. CHERYL: WELL, MATTHEW, BEFORE WE GO, THE 10-YEAR GOT PRETTY CLOSE. THAT GOT A LOT OF ALARM BELLS GOING. >> AS IT SHOULD. AND IT GOT ALARM BELLS IN MY HEAD AS WELL. WE'RE GOING TO BE WATCHING THAT LIKE A HAWK. CHERYL: I THINK WE ALL ARE. MATTHEW ADULT,