The Nasdaq Composite index has had a great year so far, and we’re only a few months into 2024. Technology stocks, which dominate the index, are roaring higher as investors favor growth and innovation such as artificial intelligence (AI) stocks, chip designers, and cloud computing players. This has pushed the index to a record high, …
Perhaps the biggest business powering the markets right now is artificial intelligence (AI). It seems that every software developer is eager to cash in on AI euphoria, and technology stocks are reaping the benefits. As the S&P 500 and Nasdaq Composite trade at record levels, my eyes have been on one stock in particular. The …
Technology stocks had a good start in 2024, with the Nasdaq-100 Technology Sector index gaining more than 10% already, and artificial intelligence (AI) has been a driving force behind this rally. Strong quarterly results from top AI names such as Nvidia lifted not only tech stocks but also the market as a whole, with both …