It has been a triumphant 12 months for the technology sector, with Microsoft (NASDAQ: MSFT) once again being at the center of attention.Amidst the ongoing artificial intelligence (AI) boom, MSFT has not only played a pivotal role but has also commanded substantial investor attention throughout 2023. As one of the seven Big Tech giants propelling the S&P 500‘s impressive gains, Microsoft’s stellar performance has brought the broader index to the cusp of its all-time high. Fueled by robust fundamentals and st ...

The primary asset allocation consideration for 2024 revolves around the potential for interest rate cuts. Investors must weigh the extent to which central banks may proceed with cuts or determine whether any reductions will be implemented.In this setting, fixed income is poised for success, but investors must carefully choose their position along the yield curve.Decisions of significance also include assessing whether the ‘magnificent seven’ will sustain their impact on US equity returns and identifying pot ...

Following a tumultuous 2022, electric vehicle (EV) behemoth Tesla (NASDAQ: TSLA) has experienced a remarkable resurgence in 2023. Fueled by improved macroeconomic conditions and a resurgent tech market, the company’s shares soared to triple-digit gains, briefly touching nearly $300 in July. A minor pullback followed a less-than-stellar earnings report in late October, which showed that the carmaker’s price cuts ate into its profitability. At press time, TSLA was sitting at $261.44, up 1.88% in the past 24 h ...

In the 1980s, Apple (NASDAQ: AAPL) gained prominence with the Macintosh, the first personal computer with a graphical user interface. This innovation transformed the industry, contributing to Apple’s success. Over the years, Apple’s lineup, including the iPod, iPhone, and iPad, further solidified its position as one of the world’s largest and most valuable companies.This evolution of AAPL is well documented on the stock market. Since its initial public offering, the Cupertino giant’s stock has experienced a ...

2023 was a year of resurgence for the US stock market, and the technology sector emerged as a standout performer, fueled by the relentless growth of artificial intelligence (AI). Despite the macro challenges in the past two years, tech companies experienced a remarkable surge in demand, with chipmakers playing a pivotal role in this resurgence. While Nvidia (NASDAQ: NVDA) took much of the spotlight, chip giant Intel (NASDAQ: INTC) also garnered significant attention. Culminating in an impressive feat, INTC ...

This year has generally been challenging for the electric vehicle (EV) market, with multiple companies in the industry, like Lucid (NASDAQ: LCID) and Nio (NYSE: NIO), struggling to meet their delivery targets and seeing their stock prices plummet. Even the larger players like Elon Musk’s Tesla (NASDAQ: TSLA) had their fair share of troubles, being forced to resort to measures such as price cutting. In fact, the final months of 2023 apparently proved particularly troublesome for Tesla as, in the span of just ...

In 2022, the US equity markets faced formidable challenges as a confluence of factors, including four-decade-high inflation and escalating interest rates, curtailed investors’ enthusiasm for high-risk assets, notably growth-oriented stocks. However, the narrative took a remarkable turn in 2023. As macroeconomic pressures began to subside and inflationary concerns abated, a newfound optimism swept through the markets. This positive shift reignited investors’ interest in growth-focused businesses, marking a s ...

Nvidia (NASDAQ: NVDA) is a prominent advanced computing and graphics technology influencer. Recognized for its expertise in graphics processing units (GPUs), Nvidia has significantly impacted various sectors, spanning gaming, artificial intelligence (AI), data centers, and automotive technology.Its GPUs drive immersive gaming experiences, propel breakthroughs in AI research, and support intricate data analysis. Beyond hardware, the company takes innovative strides in developing high-performance computing so ...

In recent years, stock buybacks have emerged as an efficient way for companies looking to bolster shareholder value. By reducing the number of shares outstanding through stock buybacks, a company enhances earnings per share (EPS) by spreading its earnings across a smaller share base, thereby making the financial performance appear stronger on a per-share basis. Additionally, the decreased supply of shares in the market can contribute to share price appreciation, benefiting existing shareholders and signalin ...

Investors are drawn to technology stocks because of their substantial growth prospects and capacity for innovation. Technology companies frequently take the lead in transformative advancements, fostering innovation that can yield significant returns for investors. The technology industry is characterized by its dynamic nature, marked by continual evolution and new developments in artificial intelligence (AI), cloud computing, and digital transformation.Looking ahead to 2024, the tech industry is positioned ...