Artificial intelligence (AI) is set to transform multiple industries ranging from smartphones to personal computers, automotive, digital advertising, and cloud computing. Investors should look for potential AI winners in these niches as they could deliver healthy gains on the stock market. The cloud AI market, for instance, is forecasted to clock annual growth of more …
The tech market has come a long way since 2022, when macroeconomic headwinds caused a market downturn that saw the Nasdaq-100 Technology index plunge 40%. The same index has since risen 68%, driven by easing inflation and advances in budding markets like artificial intelligence (AI). Amazon(NASDAQ: AMZN) has been a major growth driver in the …
The artificial intelligence (AI) gold rush is in full swing, and Nvidia has been one of the biggest winners thus far. Its chips power the most advanced AI systems, including ChatGPT from OpenAI, and its share price rocketed 230% over the past year. But Goldman Sachs thinks software and services companies could be the biggest …
The “Magnificent Seven” stocks control a disproportionate amount of the global technology sector. These seven stocks alone could cause massive swings in the overall market regardless of whatever the remaining thousands of stocks are doing. In fact, these seven stocks together account for a market cap of over $13 trillion, with six out of seven …
If you own a stake in Amazon(NASDAQ: AMZN), the odds are good that its fast-growing cloud computing arm is the key reason you do. While Amazon Web Services (AWS) may only account for 15% of the company’s top-line revenue, Amazon’s cloud business accounts for two-thirds of the company’s operating profits. Better still, AWS’ sales improved …
Some innovations, like e-commerce and the cloud, are so big they can take many years to play out. The companies that create the best investment returns can tap into that growth and ride it for decades. It’s still early, but it looks like artificial intelligence (AI) is the next great tech frontier. Three Fools combed …
Warren Buffett, an American businessman and philanthropist, is regarded by many as the world’s most successful investor. Buffett’s holding company, Berkshire Hathaway (BRK.B), has focused its investment strategy on finding businesses with strong fundamentals and holding them indefinitely. In a letter to shareholders in 1988, Buffett stated, “When we own portions of outstanding businesses with outstanding …
One of the biggest investment themes in 2023 was artificial intelligence (AI). Each of the “Magnificent Seven” stocks is playing a role in AI, and they helped fuel the Nasdaq Composite over 40% last year. This momentum seems to have carried over into 2024. The S&P 500 recently hit a new all-time high, and investors …
After a stock has skyrocketed, it’s fair to take a step back and ask whether that particular player still makes a good buy. You may be thinking that this kind of momentum can’t last forever and the stock is looking pretty expensive now. Often, you could be right. But some stocks, even after enormous gains, …
Amazon(NASDAQ: AMZN) soared 80% in 2023, so you may think the e-commerce and cloud computing giant’s potential for gains this year is limited. But it’s important to remember that just because a stock advanced significantly today doesn’t mean it will decline tomorrow. Instead, the price movement generally is linked to the company’s earnings potential or …