May 20, 2024
Investors

Should Investors Buy the Artificial Intelligence & Technology ETF Instead of Individual AI Stocks?

The demand for artificial intelligence (AI) stocks may lead investors to ponder how to invest in this sector with minimal risk. This is a critical concern as AI stocks like Nvidia and Tesla have experienced massive sell-offs when those stocks fell out of favor. Moreover, the AI industry is comprised of smaller stocks such as

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Investors

The Dow struggles to recover as investors await inflation data and the Fed

Stocks struggled to regain momentum Tuesday afternoon following a morning dip, as economists predicted that Wednesday’s Consumer Price Index report would show a 3.4% annual inflation rate, up from 3.2% in February. Investors have been hoping for the Federal Reserve to cut interest rates as joblessness remains low and inflation wanes. But a potential inflation

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Finance

Neither of Them Is Nvidia)

The “Magnificent Seven” is a collection of the world’s largest technology stocks. They earned the name last year when they delivered an average gain of 112%, which crushed the 24% return of the S&P 500 index. The seven stocks include: Microsoft (NASDAQ: MSFT) Amazon (NASDAQ: AMZN) Nvidia Meta Platforms Apple Alphabet Tesla Some members of

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Investment

Nvidia Believes Humanoid Robotics Is the Next Big Thing for Artificial Intelligence (AI)

In today’s video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 2, 2024. The video was published on April 2, 2024. Should you invest $1,000 in Nvidia right now?

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Finance

Nvidia Stock Soared 82.5% in the 1st Quarter of 2024 — Here’s What Drove the Leading AI Stock

Nvidia (NASDAQ: NVDA) stock soared 82.5% in the first quarter of 2024. (The market’s quarter ended on Thursday, as U.S. financial markets were closed on Friday for the Good Friday holiday.) That performance made the artificial intelligence (AI) chip leader the second-best performer on the S&P 500 index, behind only Super Micro Computer, a server

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Investors

AI Rally Expands Beyond Nvidia as Investors Bid Up Hardware

(Bloomberg) — They may lack the pure-play allure of Nvidia Corp., but hardware firms that provide the infrastructure for artificial intelligence computing are becoming the next hot trade. Most Read from Bloomberg While the likes of Micron Technology Inc., Super Micro Computer Inc. and Dell Technologies Inc. have been rewarded for proven results, expectations are

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Finance

Here’s 1 Irrefutable Reason Nvidia’s Stock Gains Will Slow Dramatically

Going parabolic. There’s no better way to describe Nvidia’s (NASDAQ: NVDA) stock performance since late 2022. Over the last 18 months, the chipmaker’s shares have skyrocketed more than 7x. Those jaw-dropping gains have led many investors to question how long Nvidia can keep the sizzling momentum going. The answer: Not for too much longer. Here’s

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Finance

2 “Magnificent Seven” Stocks to Buy Hand Over Fist Right Now

The S&P 500 index has roared higher over the past 16 months, rebounding from its bear market low to reach record levels — and confirm a new bull market. And the movement has been led by one group of stocks in particular. Dubbed the “Magnificent Seven” in reference to the 1960 Western, these players are

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Finance

Nvidia slips as investors await more details on hot new AI chip

By Medha Singh (Reuters) -Nvidia shares fell about 2% on Tuesday after having more than tripled in value in the past year, as investors awaited more details on the company’s latest AI chip that is expected to further cement its lead in the industry. Shares of the world’s third most-valuable firm dropped to $865, with

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Finance

Nvidia unveils flagship AI chip, the B200, aiming to extend dominance

By Max A. Cherney and Stephen Nellis SAN JOSE, California (Reuters) -Artificial-intelligence semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. Chief Executive Jensen Huang, kicking off the company’s annual developer conference, also launched a new set of software

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