Artificial intelligence (AI) has created a lot of buzz since early last year, and rightfully so. Generative AI, which represents the cutting edge of these next-generation algorithms, can create original content, including text, video, and images, with just a few simple instructions. Perhaps more importantly, these systems can be used to streamline many time-consuming tasks, […]
Nvidia (NASDAQ: NVDA) stock has soared 181% so far in 2024, and its current market capitalization of $3.3 trillion now accounts for 7% of the entire value of the S&P 500. As a result, Nvidia alone is responsible for one-third of the 15.7% gain in the index this year. Simply put, investors with no exposure […]
You can’t go five minutes without hearing about Nvidia these days. The computer chip giant recently became the largest company in the world by market capitalization and today is valued at over $3.34 trillion. Investors are betting that the huge capital spending on artificial intelligence (AI) will continue, with Nvidia maintaining its dominant market position. But […]
“The times they are a-changin’,” as Bob Dylan once sang. Once upon a time, it was industrial and oil businesses that topped the list of the world’s most valuable companies, but over the past 20 years, there’s been a paradigm shift at the top. For example, General Electric and ExxonMobil were the largest companies in the […]
Nvidia was a $360 billion company just 18 months ago. Today, it sports a $3.3 trillion valuation, and it owes that remarkable growth to its graphics chips (GPUs) for data centers, which are designed for processing artificial intelligence (AI) workloads. Although Nvidia has captured the lion’s share of the value created by AI so far, […]
Starbucks has developed such a strong brand that it’s synonymous with coffee. If you say you got a Starbucks this morning, everyone knows what you mean. But the company is struggling right now. It’s gotten large and clunky, and although it identified where it needs to change a few years ago, it’s been slow on the […]
At one time, Berkshire Hathaway CEO Warren Buffett avoided technology stocks at all costs, reasoning that he had difficulty grasping complicated technology. The iconic investor was clear about his preferences for investing in “simple businesses,” saying, “If there’s lots of technology, we won’t understand it.” Over the years, however, that stance has changed. Today, more […]
The U.S. economy has a rich history of producing the world’s most valuable enterprises. In 1901, United States Steel became the first company in the world to amass a $1 billion valuation. The 123 years since have been filled with more incredible milestones, including Apple becoming the first $1 trillion company in 2018. Apple now […]
The major market indexes have all hit new highs this year. But it’s always a good idea to have a list of stocks you wouldn’t hesitate to buy if they were suddenly on sale. Historically, a market sell-off of 10% or more from the previous high occurs about once every two years. The Nasdaq Composite […]
Nvidia stock has soared 715% since the beginning of 2023, making it very hard to ignore. The company has added $2.5 trillion to its valuation in that time, thanks entirely to red-hot demand for its data center chips designed for processing artificial intelligence (AI) workloads. But the AI industry is expanding quickly, and investors have […]
Long-term investors must think differently when evaluating stocks. Looking decades ahead is as much about preventing unnecessary risks and losses as it is about maximizing upside. Ideally, these investors strike a compromise somewhere in the middle. Finding a middle ground is going to be your best bet when it comes to artificial intelligence (AI) stocks. […]
The U.S. economy has a storied history of producing the world’s most valuable companies. In 1901, United States Steel became the first company to reach a $1 billion valuation, and 117 years later, in 2018, Apple became the first to cross the $1 trillion threshold. The iPhone maker also became the first company to surpass […]