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The AI craze has taken the market by storm, dominated by chipmaker Nvidia. Over the last three years, Nvidia stock has skyrocketed in value by nearly 400%. But there are other AI stocks worth considering right now. One in particular — a little-known gem with a relatively small market cap …

Investing in fundamentally strong growth companies with sustainable competitive advantages can be a smart long-term strategy for astute investors. With artificial intelligence (AI) emerging as a major investment trend, it is no surprise that billionaires have also been actively pursuing high-quality AI-powered stocks. Broadcom (NASDAQ: AVGO) and Apple (NASDAQ: AAPL) …

Semiconductor company Nvidia (NASDAQ: NVDA) dominates the market for artificial intelligence (AI) chips. In fact, analysts estimate its graphics processing units account for up to 95% of AI chip sales. But history is full of cautionary tales about the downfall of dominant brands that failed to maintain their technological leadership. …

(Bloomberg) — European stocks and American equity futures struggled for direction as markets head into a crunch period, with key inflation data in the US on Wednesday followed by interest-rate decisions on both sides of the Atlantic. Most Read from Bloomberg The Stoxx Europe 600 index were little changed. AstraZeneca …

Alibaba Shares Rise on Hopes for Higher Demand From Mainland Investors Source link

By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Growing risks to the U.S. stock rally are spurring demand for portfolio hedging, options markets showed, as investors grapple with U.S. economic uncertainty, shifting Federal Reserve policy and a looming presidential election. As the spotlight turns toward Tuesday’s high-stakes …

(Bloomberg) — In the go-go years when China minted a billionaire every two days, banking rainmaker Bao Fan almost reached that milestone himself. Most Read from Bloomberg His skill in advising tech giants like Alibaba Group Holding Ltd. made him one of the country’s most sought-after financiers, helping him amass …

One of the most prominent themes of monetary policy over the last few years is an intense scrutiny on interest rates — and for good reason. In 2022 and 2023, the Federal Reserve hiked interest rates 11 times in an effort to stifle abnormally high levels of inflation. Although inflation …

Getty Images; Jenny Chang-Rodriguez/BI Market volatility will stay elevated for years to come, Bank of America says. The firm recommends avoiding the urge to buy the ongoing dip in tech stocks. BofA instead said to look for high-quality names, as well as dividend-paying utility and real estate stocks. The market …

Two weeks ago, Wall Street and retail investors alike held their breath as Federal Reserve Chairman Jerome Powell took the stage at the Economic Symposium in Jackson Hole, Wyoming. While the investment community listened to Powell’s every word, the following remark seems to have resonated well: “The time has come …