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 ...

Amid multiple positive news for Oracle Corporation (NYSE: ORCL), including partnerships with major names in the field of artificial intelligence (AI), it is hardly a surprise that ORCL shares have reached a new all-time high (ATH) in price, and analysts are optimistic its gains will continue.Indeed, Oracle has recently announced multicloud partnerships with technology behemoths OpenAI, Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) with a goal of offering better and faster AI cloud services to their ...

The ongoing artificial intelligence rally in the stock market has made companies such as Broadcom (NASDAQ: AVGO) real winners regarding performance, guidance, and stock growth.For the second quarter fiscal year 2024 results, the company announced on June 12 that it had outperformed analysts’ consensus estimates, reporting adjusted earnings per share of $10.96 compared to the expected $10.84 and revenue of $12.49 billion, surpassing the anticipated $12.03 billion. Impressive guidance and AVGO stock split Bro ...

In internet terms, a debate has been raging for entire epochs about whether Tesla Motors (NASDAQ: TSLA) ought to be regarded as a technology firm or a car company.Indeed, for years, the fans of Tesla and its billionaire CEO have been arguing that the electric vehicle (EV) maker is far ahead technologically than other firms, while the bearish netizens and analysts have been calling its big-tech-like valuation unreasonable.Elon Musk himself recently opined that his car manufacturer should not only be consider ...

Amid a controversial conflict between Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) and SpaceX CEO Elon Musk over Apple accelerating its artificial intelligence (AI) efforts, AAPL shares have hit a new all-time high (ATH), and analysts have updated their AAPL stock price targets accordingly.Indeed, after Apple announced a partnership with OpenAI to integrate its technology directly into the operating system of its iPhones, iPads, and Mac computers, Musk has threatened to ban Apple’s devices in his companies ...

Group 1 - The European Commission announced additional duties of up to 38.1% on imported Chinese electric vehicles, effective July 4, which is expected to lead to potential retaliation from China [1] - The U.S. has increased tariffs on Chinese imports, including electric vehicles, with plans to quadruple tariffs on EVs to over 100% and double tariffs on semiconductors to 50% [2] - Chinese EV stocks, including Nio, XPeng, and Li Auto, experienced significant declines in pre-market trading following the news of increased tariffs, reflecting broader losses since the beginning of the year [3] Group 2 - The upcoming tariffs are anticipated to negatively impact stock prices, delivery, and production numbers as accessing and supplying products to European and American markets becomes more expensive [4]