The returns of the "Magnificent Seven" stocks have trounced the returns of the growth-centric Nasdaq Composite index over the last year, and they continue to do so in 2024. Year to date, the group has returned 12.4%, almost doubling the Nasdaq's returns, based on the performance
Next week’s earnings report from chipmaker Nvidia could prove a gut check for one of the market’s hottest names, and for the artificial intelligence fever that has helped power gains for U.S. stocks in recent months.
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste
Artificial intelligence (AI) has caught investors' attention -- and for good reason. This hot technology could transform everything from your daily routine to the way just about every industry operates. Companies are investing in AI to improve efficiency, make game-changing disco
It's less than two months into the year, and the Nasdaq Composite is already up 6% while the S&P 500 is up 5.5%. It's an incredible follow-up to the Nasdaq's 43% gain in 2023 and the S&P 500's 24% gain.
The S&P 500 (SNPINDEX: ^GSPC) climbed last year, but one big uncertainty remained: Was this a temporary rebound or were we experiencing the early days of a new bull market? To confirm a bull market, an index must hit a new record high, and that hadn't yet happened.
The stock market is red-hot. The S&P 500 crossed 5,000 for the first time ever; the Dow Jones Industrial Average is making new all-time highs regularly.
Billionaire investor Chase Coleman is one of Wall Street's original whiz kids. When he was just 24 years old, he founded Tiger Global Management with starting capital from his former boss and mentor, the iconic hedge fund manager Julian Robertson, Jr.
Over the past year, there have been few better stocks to own than Nvidia (NASDAQ: NVDA), as it's up 400% since the start of 2023. And year to date, it's already up nearly 50%.
Artificial intelligence (AI) is one of the hottest technology trends right now, and investors broadly are looking to invest in companies that could win big from this tech. That's natural, as AI has the ability to transform multiple industries and contribute significantly to the g
Nvidia (NASDAQ: NVDA) is the dominant force in the market for artificial intelligence (AI) graphics cards, with an estimated 92% market share. This is the reason the company has been growing at a terrific pace, up 230% over the past year.
Nvidia (NASDAQ: NVDA) became the world's first trillion-dollar chipmaker in 2023, and it's now worth $1.8 trillion. That marks a whopping gain of 1,810% in just five years. Nvidia's historic run was fueled by the rapid growth of the artificial intelligence (AI) market, which spar
The artificial intelligence (AI) investing world is quite large. There are multiple ways to invest in the trend, from hardware to software to application plays. Each of these segments has advantages and drawbacks. Still, two of the most popular ways to invest in AI from the hardw
Semiconductor stocks have been on fire ever since ChatGPT was launched in late 2022. Since then, a slew of new generative artificial intelligence (AI) applications have made cutting-edge graphics processing units that can handle accelerated applications a hot commodity. As Nvidia
When a business first goes public, analysts and financial writers -- myself included -- race to read through the regulatory filings, which are often more than 100 pages long. Poring over the recent financial results, discerning the addressable market, and understanding where the
Next week’s earnings report from chipmaker Nvidia could prove a gut check for one of the market’s hottest names, and for the artificial intelligence fever that has helped power gains for U.S. stocks in recent months.