Apple is trading for 33 times forward earnings, but growing a lot more slowly than that.
The stock has hit new intraday highs for five consecutive trading days.
» Read more about: Am I the Only One Worried That Apple Hasn't Earned Its Recent Upticks? »
Amazon (AMZN) stock jumped roughly 5% Monday morning after the company announced a $38 billion deal with OpenAI (OPAI.PVT) for the ChatGPT developer to access hundreds of thousands of Nvidia’s (NVDA) AI chips through its cloud computing infrastructure.
Under the partnership,
Alphabet released earnings that surpassed analysts’ estimates.
The company’s cloud business offers customers a variety of AI products and services, including access to those from Nvidia.
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) announced plenty of fantastic news for its own shareholders when it released earnings last week.
» Read more about: Alphabet Just Announced Incredible News for Nvidia Stockholders »
The major stock indexes were mixed on Monday morning at the outset of another busy week of quarterly earnings reports and the release of key private sector employment data.
The tech-heavy Nasdaq Composite was up 0.5% in recent trading. Meanwhile, the benchmark S&P 500 gave up early gains to trade flat,
While some investors may call these stocks overvalued, the metrics don’t back up that claim.
Despite many investors proclaiming the market as overvalued heading into the end of the year (which it probably is from a historical standpoint), the market continues to roar higher. This isn’t an easy task to juggle for investors,
» Read more about: 3 Leading Tech Stocks to Buy in November »
Investors shouldn’t replicate the concentration of Berkshire, but the following stocks could have a place in your portfolio.
Over the past several decades, Warren Buffett and his company, Berkshire Hathaway (BRK.A 0.60%)(BRK.B 0.13%),
Artificial intelligence, or AI, is perhaps the most transformative technology trend of our lifetimes and is creating some interesting investment opportunities.
» Read more about: These 2 AI ETFs Are Ready to Crush the S&P 500 Over the Next 10 Years »
Here are two very different ways to invest in the AI boom for the long term.
Artificial intelligence, or AI, is perhaps the most transformative technology trend of our lifetimes and is creating some interesting investment opportunities. But investing in individual AI stocks isn’t right for everyone, and if you’re in this group,
» Read more about: These 2 AI ETFs Are Ready to Crush the S&P 500 Over the Next 10 Years »
SoFi is adding record new users every quarter, and as they sign up for more products, the company is scaling quickly.
» Read more about: SoFi Stock Soars Again. Here's Why It's Not Too Late to Buy »
