Investors at brokerage Charles Schwab increased their equities holdings in December, and it seems they can't enough of Nvidia stock. The tech titan was their top pick for the month, and other familiar tech names were popular as well.
I believe quality analysis particularly in the tech sector can be hard to find. I highlight top calls from my firm's Forbes analyses during a strong year for AI
Nvidia (NVDA) shares are rising Tuesday morning after CEO Jensen Huang made a slew of product announcements in his CES keynote, including new gaming chips and advanced technologies for programming humanoid robots and self-driving cars.
The Dow Jones and S&P 500 were in mostly negative territory after reversing lower Tuesday morning. Nvidia was a big loser.
Tech stocks rallied in 2024, with powerhouse artificial intelligence (AI) stocks like Nvidia ( NVDA -0.02%) and Palantir Technologies ( PLTR -2.52%) bringing up the S&P 500 ( ^GSPC 0.16%). But it was a good year for the whole market, and the tech-heavy Nasdaq-100 only surpassed it by a hairbreadth -- a 25.9% gain versus 25% for the S&P 500.
Miners may refrain from selling their Bitcoin for several reasons, including anticipation of further price appreciation for BTC or strengthening their balance sheets. If they’re really following MicroStrategy’s playbook, a BTC treasury may also be used to hedge against currency devaluation.
Robert Kiyosaki forecasts a major stock market crash, predicting discounted Bitcoin prices amid strong ties between crypto and stocks.
This year, however, AI tokens have shown their fragility. NEAR is down by more than 8% in the past 24 hours while FET slumped nearly 9%. NVDA in contrast began the year trading at $133 and rose by 15% to $153 on Monday as the conference began.
The US stock market is showing off a new trick: putting almost all its eggs in a tiny basket. Right now, just 26 stocks account for half the entire value of
Bitcoin investment company MicroStrategy made a 74.3% yield on its Bitcoin acquisition for 2024, translating into a gain of 140,630 BTC. The firm’s chairman, Michael Saylor, disclosed this on X, noting that the company bought 258,
Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.