Tech-laden Nasdaq jumped more than 1% to a near one-week high on Monday, boosted by a rebound in megacaps and chip stocks, while blue-chip index Dow slipped to a fresh two-week low as Boeing shares tanked following the grounding of some its jets.
There are many ways to make money in the stock market. Some investors like to peruse lists of the best-performing stocks in search of highfliers that are set to soar even higher. Others like to bet on beaten-down equities that are due for a rebound.
In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and two other AI companies on the top of my list for 2024. Check out the short video to learn more, consider subscribing, and click the special offer link below.
With U.S. government shutdown angst resurfacing, this weekend's Taiwan election in view, fourth-quarter earnings looming again and Boeing grounding aircraft after a mid-air blowout, Wall St's dour new year looks set to fail a hoary old five-day test.
Despite economic uncertainty, Wall Street delivered phenomenal returns to patient investors in 2023. The iconic Dow Jones Industrial Average climbed to a record high, while the benchmark S&P 500 and innovation-fueled Nasdaq Composite rallied 24% and 43%, respectively, by the
U.S. chipmaker Nvidia plans to begin mass production in the second quarter of 2024 of an artificial intelligence (AI) chip it designed for China to comply with U.S. export rules, two people familiar with the matter said on Monday.
A Federal Reserve forecasting tool currently puts the odds of a recession at 51.84% in the next 12 months. That may sound insignificant, but the forecasting tool in question has only given a reading above 50% a few times since 1960 -- the last time was four decades ago -- and eac
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
It's a new year, the best time yet to start investing. After all, compounding does its best work late. The sooner you start, the more wealth you'll build over time.
As 2024 begins, there are opportunities and threats across the market. Investors looking to set up their portfolios for success should look at more than what happened in 2023 and instead look at where there's long-term, sustainable business momentum from companies.
In this video, Motley Fool contributor Jason Hall shares a stunning fact about the "Magnificent Seven" stocks that investors should know before making any investing decisions about these winning stocks. 2023 was a great year for the group, but a longer-term look might open your e
What a difference a year makes. After the Nasdaq Composite shed 33% of its value in 2022 -- one of the worst market performances in over a decade -- the index has nearly returned to its former glory, closing the door on 2023 with a gain of 43%.
The S&P 500 finished 2023 in spectacular fashion. The index notched nine consecutive weekly increases, its longest win streak since 2004. In total, the S&P 500 soared 24% last year as market sentiment improved amid signs of economic resilience.
2023 was a year of recovery for the tech-heavy Nasdaq Composite, which jumped 43% amid the easing of inflation and other macroeconomic challenges that hurt stocks in 2022. But if history is anything to go by, the rally could be just getting started. According to an analysis of da
Semiconductor giant Intel (NASDAQ: INTC) has hitched its wagon to the artificial intelligence (AI) revolution. The company is putting AI at the center of nearly everything it does.
It's no secret that Nvidia (NASDAQ: NVDA) had one of the strongest years of any stock in the market in 2023. With many companies ramping up their purchases of its class-leading graphics processing units (GPUs) for developing artificial intelligence (AI), Nvidia's revenue shot thr
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