Best Companies Of 2024: Artificial Intelligence Plays, Consumer Stocks Stood Out
A rate-cutting campaign by the Federal Reserve, a resilient economy and strong corporate earnings provided another solid backdrop for the stock market in 2024. After a stellar 2023, it was a great year for growth stocks in the software space like Palantir Technologies and AppLovin after the S&P 500 and Nasdaq composite confirmed new uptrends in early November 2023 with one-day gains of more than 1.
Better Artificial Intelligence Stock: Wolfspeed vs. AMD
Seemingly overnight, artificial intelligence became a major growth industry. The AI boom is driving demand for semiconductors, which are crucial components in AI systems. Two compelling semiconductor companies to consider are Wolfspeed (NYSE: WOLF) and Advanced Micro Devices (NASDAQ: AMD).
SoundHound AI's voice AI and conversational intelligence solutions are being rapidly adopted across various sectors. The ...
Another reason the AI bubble can burst in 2025 is due to the expected resolution of GPU scarcity that's sent Nvidia's stock ...
Apple shares closed at an all-time high Thursday after Wedbush analysts raised their price target for the stock, telling ...
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Prediction: This Artificial Intelligence (AI) Chip Stock Will Rebound in Spectacular Fashion in 2025Micron Technology plays a unique role in the chip market. Micron shares are up just 6% in 2024, and the stock has been in ...
Both stocks have had strong runs in 2024. Let's consider which semiconductor looks like the better buy heading into 2025.
The International Monetary Fund (IMF) estimated in a recent analysis that 40% of global employment will be affected by AI. In "advanced economies," like the U.S., that figure could be as high as 60%.
One of the prominent stocks driven by artificial intelligence (AI) is Palantir Technologies (NASDAQ: PLTR). From a low of ...
Asian shares were mostly higher on Friday, with Japan’s benchmark registering strong gains for a second straight day. Oil prices and U.S. futures declined. Tokyo's Nikkei 225 index climbed 1.4% to 40, ...
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