The first name that comes to mind when people think of technology must be Microsoft (NASDAQ: MSFT), one of the earliest tech names, redesigning itself amid the artificial intelligence revolution.And who better to show you the ropes than OpenAI, the parent company of the famous ChatGPT, in which Microsoft invested over $13 billion since the early funding rounds, and the results are already starting to show.To further bolster its AI bet, Microsoft plans to invest $7.16 billion to develop new data centers in t ...

The ongoing artificial intelligence rally in the stock market has significantly benefited companies like Broadcom (NASDAQ: AVGO), driving substantial growth and investor interest. The company’s impressive performance, promising guidance, and stock growth have made it a standout player in the tech sector. Broadcom’s recent second fiscal quarter earnings report, released on Wednesday (June 12), exceeded analysts’ expectations, showcasing the company’s strong foothold in the market.Broadcom’s financial perform ...

Despite a slowdown in recent weeks, the price of Amazon (NASDAQ: AMZN) stock has recorded consistent increases since the year’s turn, and a popular artificial intelligence (AI) model has provided insights that reveal when AMZN shares could hit $200.Indeed, Amazon stock has been under a lot of pressure lately, heightened by the reports that the company still does not have enough data or access to chips necessary to run the large language model for its new AI-powered Alexa, demoed in September last year.Amazo ...

Contrary to what the recently re-approved pay package for the CEO, the billionaire Elon Musk might suggest, Tesla Motors (NASDAQ: TSLA) has not been doing exceptionally well in 2024.Indeed, the electric vehicle (EV) firm has been struggling with demand since the start of the year – especially in the first quarter – and is, despite a more recent recovery, 25.56% in the red since January 2. Tesla’s price today stands at $185.02.TSLA stock YTD price chart. Source: FinboldSuch performance was accompanied by a s ...

For much of 2024, Apple’s (NASDAQ: AAPL) stock market movements stood in stark contrast with its usual performance as AAPL shares first declined substantially and – even as recovery started – remained only modestly in the green.The release of Apple’s Vision Pro had relatively little impact, and the ambitious big tech firm even gave up on its electric vehicle (EV) dreams in the first quarter of the year. The timing became decidedly dire as, near the same time, the Chinese Xiaomi unveiled its own EV.Things to ...

Steve Eisman, famous for his role in “The Big Short,” recently emphasized Apple’s (NASDAQ: AAPL) pivotal role in the expanding artificial intelligence landscape. Once considered a “hidden” player in artificial intelligence, Apple is now a prominent force in this field. The company’s stock surged 10% this week following the Worldwide Developer Conference, where Apple unveiled its suite of Apple Intelligence products, making Apple surpass Microsoft (NASDAQ: MSFT) as the world’s most valuable company.Eisman be ...

Along with playing a pivotal role in the ongoing artificial intelligence (AI) boom, the semiconductor giant Nvidia (NASDAQ: NVDA) has awed investors with its staggering stock market performance in the last 20 monthsIndeed, the company’s market capitalization skyrocketed by more than $2.4 billion since November 2022, and an NVDA stock price has risen by 198.22% in the last 12 months of trading.NVDA stock 1-year price chart. Source: FinboldDespite such a surge, analysts remain confident that the blue-chip chi ...

While Nvidia (NASDAQ: NVDA) became a synonym for the artificial intelligence revolution that has spurred impressive growth in the technology sector of the stock market, its 215% growth in the last year might mean that there is not much fuel left in the tank for further gains, and in the worst-case scenario, a crash might occur, making alternative options more attractive.Competitors are working diligently to close the market share gap, and Nvidia’s accelerated growth could slow down, which could present a pe ...

Core Viewpoint - Nvidia's stock price continues to rise, driven by its involvement in the artificial intelligence sector, despite warnings of a potential market downturn from economist Harry Dent [1][2]. Group 1: Nvidia's Market Performance - Nvidia has shown a predominantly bullish growth trajectory throughout 2024, reflecting strong investor confidence and robust market performance [1]. - The company has implemented a 10-for-1 stock split, making whole-share ownership more accessible for everyday investors [2]. - Nvidia has outperformed its competitors in the semiconductor sector, with triple-digit earnings growth in recent quarters [2]. Group 2: Economic Predictions and Analyst Outlook - Economist Harry Dent predicts a significant market crash, suggesting Nvidia's stock could decline by 98% as part of a broader market downturn [1]. - In contrast, 40 Wall Street analysts maintain a bullish outlook for Nvidia, with an average price target of $127.73, indicating a modest 1.63% increase from the recent price [3]. - Nvidia's stock price was trading at $128.73, reflecting a year-to-date increase of 167% [3].

As he continues to reap profits from his stock bets, Michael Burry of ‘The Big Short’ and his Scion Asset Management have become examples to follow for many investors around the world, and there are two stocks in particular that he owns that could offer a massive opportunity.Indeed, the investor famous for his bet against the housing market, which has even led to the creation of a best-selling book and a 2015 film adaptation, seems to be confident enough in the potential of two specific stocks that he has d ...