Nasdaq NVDA Nvidia

Software company Palantir Technologies (NYSE: PLTR) and chip company Nvidia (NASDAQ: NVDA) are two of the hottest stocks on Wall Street. Both stocks are up over 240% over the past year and have fierce loyalty among investors.

The stock market has gotten off to a solid start in 2024 with the S&P 500 index already up by close to 8% and setting new highs, and the good part is that the market could keep rising thanks to a strong U.S. economy and receding inflation.

Euphoria surrounding the possibilities of artificial intelligence (AI) technology is pushing the stock market to record levels. While there are many companies shaping the AI narrative, I would argue that Nvidia (NASDAQ: NVDA) is cast in the lead role.

When it comes to artificial intelligence (AI), applications in machine learning, large language models, and compute networking garner most of the attention. But what investors may not realize is that use cases packaged around AI are evolving in real time.

Nvidia (NASDAQ: NVDA) stock's artificial intelligence (AI)-powered surge has sent its valuation to incredible levels, putting the chipmaker well out of reach of value investors looking to capitalize on the proliferation of this technology.

Nvidia (NASDAQ: NVDA) has become a candidate to overtake Microsoft and Apple as the largest company in the world. After starting 2023 being valued at around a $350 billion market cap, Nvidia is now worth about $2.2 trillion.

Stanley Druckenmiller is one of the most successful investors of all time.

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.

The artificial intelligence (AI) market exploded last year and became one of the biggest growth drivers of the Nasdaq Composite's recovery. The market faced an economic downturn the previous year, which sent countless stocks plunging. However, the Nasdaq Composite is up 44% year

At first glance, Broadcom (NASDAQ: AVGO) does not look like a "Magnificent Seven" stock. The Magnificent Seven name, coined by Bank of America analyst Michael Hartnett in 2023, largely featured household names such as Apple and Amazon. Broadcom, by contrast, is a B2B company, and

Chip stocks have taken center stage amid a recent boom in the artificial intelligence (AI) market as demand for graphics processing units (GPUs) has skyrocketed. These high-powered chips are critical for training and running AI models. As a leader in GPUs, Nvidia has seen the mos

Artificial intelligence (AI) has been a hot investing theme for over a year now, since ChatGPT first arrived on the scene in November 2022. Since then, many companies in and outside of tech have been working on developing their AI capabilities to take advantage of next-gen techno

Nvidia's (NASDAQ: NVDA) stock price nearly quadrupled over the past 12 months as its clients ramped up their orders for its high-end data center graphics processing units (GPUs) to help them take on complex artificial intelligence (AI) tasks. The soaring popularity of generative

The Nasdaq hit a new record high recently, and the good times may be far from over. History shows us that over the past 10 periods of annual market declines -- dating back to the early 1970s -- the index always has climbed for at least two consecutive years afterward. And on all

The past several years have been a roller coaster ride for SoundHound AI (NASDAQ: SOUN) investors. The stock debuted to much fanfare via a special purpose acquisition company (SPAC) in early 2022, soaring more than 100% in the first week after going public. The other shoe soon dr

Finding quality stocks to buy isn't too terribly tough for most investors. Finding stocks that could turn practically nothing into half a million bucks within one lifetime, however, does have its challenges.

Many investors are interested in the "Magnificent Seven" stocks for good reasons other than outstanding returns over the last year. This elite group of tech companies has strong brands and a growing customer base, and they are very profitable businesses -- everything an investor

U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate outlook ahead of next week's Federal Reserve meeting.

The "AI effect" can already be seen in Microsoft's financials - and now, the tech giant is expanding its AI bets beyond OpenAI to a French start-up that has also landed investments from the likes of Nvidia, Salesforce, and Andreessen Horowitz.

Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations.