Eli Lilly's biggest growth drivers today are its weight loss drugs.Eli Lilly (LLY -0.14%) sells a broad portfolio of products, but two in particular have helped revenue growth explode in recent times. I'm talking about Lilly drugs that doctors prescribe for weight loss: Mounjaro and Zepbound. They're both based on the same molecule, but regulators approved the product for type 2 diabetes under the name Mounjaro and specifically for weight management under the name Zepbound.The company won approval for Mounj ...

Shares of the chip stock have been on a tear in the last few years.Advanced Micro Devices (AMD 1.14%) may not be the star of the artificial intelligence (AI) revolution so far, but there's no doubt that the chipmaker is taking part in the surge.Shares of AMD have soared since the launch of ChatGPT in November 2022, and excitement around AMD's recent launch of AI GPU Mi300 could propel the stock higher.However, a soaring stock price is nothing new for AMD, as shares have jumped 484% in the last five years. W ...

Amazon shares look reasonably priced considering the company's long-term prospects.Amazon (AMZN 0.58%) had a rough 2022 as rising inflation weighed on earnings, so last year the company revamped its cost structure to turn things around. And now this year, the market giant is showing investors they still can count on it for major growth. In the latest earnings report, sales increased in the double digits, and net income more than tripled.This is thanks to Amazon's moves to boost efficiency and its ongoing do ...

The artificial intelligence (AI) rockstar is poised to report earnings on Wednesday. Will the stock rally higher?Nvidia (NVDA -1.99%) has been the undisputed beneficiary of recent advances in artificial intelligence (AI). Since early last year, the adoption of AI has spread like wildfire, fueled by Nvidia's graphics processing units (GPUs). The company will face a key hurdle when it reports its first-quarter earnings after the market close on Wednesday, and Wall Street will be sitting on the edge of its sea ...

This tech giant's future stock price could depend on whether investors classify it as an auto company or an artificial intelligence company.Tesla (TSLA 1.50%) has divided Wall Street since it went public in 2010. Its CEO, Elon Musk, had grand ambitions and very few believers when he set out to manufacture and sell electric vehicles (EVs) back then, but he has repeatedly proved the doubters wrong.As a result, Tesla stock has delivered a whopping 15,000%-plus return in the last 14 years. It's a member of the ...

Shares of the "Magnificent Seven" stock are up 23-fold in the last five years.Just five years ago, Nvidia's (NVDA -1.99%) share price was less than $50. But since then, the leading maker of graphics processing units (GPUs) has found new markets for its chip technology, namely around artificial intelligence (AI), fueling incredible growth for the business. This AI hype has led investors to bid up Nvidia's share price to about $925 to account for the company's surging revenue and growth prospects.Ultimately, ...

Data center services are on the rise as generative AI continues to fuel the broader technology sector.Artificial intelligence (AI) is the biggest tailwind in the technology sector right now. Generative AI has myriad applications, and mega-cap-tech behemoths are leading innovation efforts across the industry.One of the subtle growth opportunities in AI is data centers. In fact, Statista estimates that network infrastructure, storage, and server solutions will be a $439 billion opportunity by 2028.Indeed, Nvi ...

Where the stock heads likely depends on the level of home remodeling activity.Home Depot (HD 0.43%) saw its same-store sales (or comps) fall once again, as the home improvement retailer deals with a difficult home remodeling market and a more cautious consumer. It was the sixth straight quarter in which the company saw its comparable-store sales fall.Comps are a good indication of the strength of a retailer's business because they show how its individual stores are performing versus one year ago. Despite th ...

Two similar businesses have different AI implications.Technology giants Alphabet (GOOGL 1.08%) (GOOG 1.06%) and Meta Platforms (META -0.28%) are pretty similar at their core. Both companies dominate their respective fields by offering superior products for free. Both companies make tons of money by selling advertising that users see as they browse the two companies' platforms.For Alphabet, the primary revenue drivers are Google Search and YouTube. For Meta, it's social media apps like Facebook, Instagram, a ...

Tepper is still heavily invested in the AI revolution, but is expanding his portfolio to other shores.Investors could do worse than investing in the so-called "Magnificent Seven" stocks. The collective gained 111%, on average, in 2023, thrashing the 24% gains of the S&P 500. The group has continued its winning ways, rising 22% on average so far this year, nearly double the 11% increase of the S&P 500 (as of this writing).The common thread that unites these tech bellwethers is that they each have artificial ...