For well over a year and a half, Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks in the market. The semiconductor giant has seen its market capitalization rise by some $2.7 trillion since the artificial intelligence (AI) boom began in earnest in late 2022 with the launch of ChatGPT.The growth ensured NVDA’s price in the stock market handily and repeatedly beat analyst forecasts by reaching ever-higher highs. After the shares rose above $1,200, the company implemented a 10-for-1 stock split ...

Microsoft (NASDAQ: MSFT), a diversified technology giant, continues to impress investors with its outstanding performance and strategic advancements.The company recently hit a new all-time high, closing at $456.73 on July 1, and reclaiming its position as the world’s most valuable company with a market cap of $3.4 trillion. Analysts remain optimistic about Microsoft’s future, maintaining a ‘strong buy’ rating for the stock.Strategic investments and market expansionMicrosoft’s diversification strategy has si ...

Electronic vehicle (EV) analysts, such as Troy Teslike, who specializes in Tesla production and delivery numbers, weren’t optimistic about Tesla’s (NASDAQ: TSLA) highly anticipated delivery and production numbers for the second quarter. Notably, Teslike expected a miss on estimates and a further decrease quarter-over-quarter and year-over-year.My error rate for Q2 2024 was +1.5% for Tesla's production and -4.7% for deliveries.My production estimates are more accurate because I use Vehicle Identification Num ...

While other artificial intelligence (AI) focused stocks like Nvidia (NASDAQ: NVDA), Qualcomm (NASDAQ: QCOM), and Micron (NASDAQ: MU) have seen impressive gains in 2024, their competitor Advanced Micro Devices (NASDAQ: AMD) has struggled, as it managed to eke out “just” a 13% gain in the first half of the year.The recent trend hasn’t been positive, as AMD shares lost 2.79% in the latest trading session, with losses of 1.89% extending in the previous five trading days.Zooming out, the narrative doesn’t seem t ...

Amid continuous investments in its artificial intelligence (AI) future, with an increased focus on data-center infrastructure rather than retail warehouses, certain Wall Street analysts have updated their Amazon (NASDAQ: AMZN) stock price targets for the next 12 months.Indeed, after hitting an all-time high (ATH) of $197.80 on June 27, 2024, Amazon stock slightly retraced but remained comfortably in the area above $190, more recently returning above $195 and threatening to break the record again with its re ...

Starbucks (NASDAQ: SBUX) has done relatively little to endear itself in recent years as it worked to strip away to the in-store comforts, had its CEO apparently compare working for the chain to being a concentration camp prisoner – and try to sell it as a good thing – and made an ill-timed denouncement of a union X post in support of Palestine.Looking at SBUX’s stock market performance in the last 12 months, it would appear that the latter of the three – the alleged attempt to remain apolitical – proved to ...

Though the electric vehicle (EV) industry has been struggling for more than 12 months, 2024 has generally been recognized as a particularly dire period of the so-called ‘EV winter.’There has hardly been a company operating in the sector whose stock has managed to remain in the green, with even Elon Musk’s Tesla Motors (NASDAQ: TSLA) staying decisively in the green despite record deliveries at the end of 2023 and the 2024 attempts to rebrand as a robotics and artificial intelligence (AI) firm.Given the curre ...

Blockchain technology is rapidly transforming industries far beyond cryptocurrencies, offering unparalleled transparency, security, and efficiency. This innovation has made blockchain stocks—shares in companies that develop or integrate blockchain technology—highly attractive to savvy investors.Numerous companies leverage blockchain to enhance their operations, deliver cutting-edge services, or spearhead advancements in the cryptocurrency sector. While some companies are dedicated entirely to blockchain and ...

Nvidia (NASDAQ: NVDA) has long dominated the high-end gaming GPU market, with gamers willing to pay premium prices for top-tier performance. However, its 215% growth over the past year raises concerns about the sustainability of further gains, making alternative GPU stocks more attractive for investors seeking robust returns.GPU companies design semiconductor chips with numerous cores capable of handling complex computational workloads. These chips are crucial in personal computers, smartphones, gaming cons ...

The “Magnificent Seven,” a group of leading mega-cap tech giants, have become key drivers of major stock market indexes such as the S&P 500 and Nasdaq 100. This cohort, identified in 2023 for their stellar market performance, comprises of Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta (NASDAQ: META), and Tesla (NASDAQ: TSLA)These companies are not only renowned for their solid operations and historical stock performance but are al ...