Artificial intelligence (AI) has been the prevailing growth theme in the market since ChatGPT hit 100 million monthly active users in January 2023.There’s been plenty of discussion of the companies supporting AI, but what’s talked about less are the companies successfully investing in AI and monetizing it. Here’s why these three AI stocks are worth considering now. This post originally appeared at The Motley Fool.
The rally that sent stocks soaring 24% in 2023 isn’t over just yet. Year to date, the benchmark S&P 500 has gained another 9.9% as of March 21. Wall Street has been enthusiastic about the prospect that interest rates could start declining soon, while the U.S. economy remains in growth mode. Many stocks have benefited disproportionately from that bullish attitude among investors,…
Artificial intelligence (AI) has captivated markets and been the key driver of the broader market rally. It wasn’t long ago that Meta Platforms was below $1 trillion in market cap and Nvidia was one of the smaller “Magnificent Seven” stocks. Now Nvidia is worth over $2.2 trillion and makes up nearly 5% of the S&P 500! But it would be a mistake to credit AI for the…
Whether you’re a new or seasoned investor, you’re probably wondering what to expect from the stock market and other asset classes in 2024. Unless you have ESP, it’s impossible to tell what the year will bring. But there are several trends that are already taking shape in the first two months of the new year. Here are five surprising investing…
The stock market is off to a solid start of 2024, with the S&P 500 index gaining more than 5% yea to date. Software giants are leading the charge thanks to the continued boom in artificial intelligence (AI) tools. But not every big winner is a household name, and some of the best buy-and-hold investments in today’s tech sector are not so…
As the digital drumbeat of the cryptocurrency march continues, many potential investors wonder if the Bitcoin (BTC) party has already reached its peak. The leading cryptocurrency has gained 118% over the last year, including an 82% jump in just four months. With Bitcoin’s history of dramatic price peaks and the recent buzz around its upcoming “halving,” it’s only fair to pose the…
It’s been a tough past few weeks for Boeing (BA) and its shareholders. Concerns about the safety of its ballyhooed 737 MAX jets were rekindled early last month after loose bolts were discovered by two different airlines’ maintenance workers. A mid-flight panel blowout on an Alaska Airlines 737 MAX 9 jet just a few days later only exacerbated these worries. The fourth quarter’s earnings and…
On Jan. 10, the SEC finally approved the first-ever spot Bitcoin (BTC) exchange-traded funds (ETFs). For good reason, they have been called the most important new product Wall Street has created in nearly 30 years. That’s because these ETFs make the process of buying and selling Bitcoin so simple that practically anyone can do it. As a result, the new Bitcoin ETFs could change the…
While the market bounced back last year, some stocks failed to keep pace with broader equities. That was the case with these two beaten-down stocks, both of which encountered company-specific issues. Near-term headwinds aside, these two have much to offer investors, especially those willing to stay the course and hold their shares for five years or more. Let’s find out…
Whether it’s knowing about an underutilized data source or using an alternative investment strategy, every investor needs a few special tools in their toolkit because it’s part of developing an edge in the market. However, don’t assume that you need complicated processes or obscure knowledge to become better at investing than you are right now. In fact, there are three…