What Is One of the Best Next-Gen Computing Stocks to Buy Now?
Key Points
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Nvidia’s innovation is the catalyst for continued AI adoption.
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All of the biggest tech companies depend on Nvidia to power their data centers.
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Read MoreBillionaire Stanley Druckenmiller Dropped Nvidia and Palantir Stock and Is Piling into 2 Stocks Set to Win in One of the Decade's Hottest Growth Markets.
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Stanley Druckenmiller has a fantastic investing track record, delivering a double-digit average annual return over time.
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The billionaire sold artificial intelligence (AI) leaders Nvidia and Palantir — stocks that have advanced more than 1,000% over the past few years.
Stanley Druckenmiller has proven his investing expertise over the long haul.
Stocks and crypto tumble after CEOs raise concerns of a market pullback
The global stock rally hit a wall Tuesday, dragged lower by artificial intelligence and tech companies.
The S&P 500 fell 1.2% and the Nasdaq declined 2%. The Russell 2000, which tracks smaller companies, tumbled 1.4%.
Gold, a traditional safe haven for investors when markets are volatile or uncertain, dipped about 1.6%.
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Read MoreNvidia Stock Jumps — Top Analysts Hikes Target as AI Chip Demand Explodes
This article first appeared on GuruFocus.
Nvidia (NASDAQ:NVDA) traded higher on Monday after several Wall Street banks boosted their expectations for the chipmaker, citing strengthening demand for its latest artificial intelligence processors.
Loop Capital set a new Street-high price target of $350 a share,
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Read MoreThe Burst
Sports Betting’s $25 Billion Future: How DraftKings Is Dominating the Market
It seems like right now is a good time to bet on sports betting companies. More than half of the U.S. states have opened their doors to sports betting by legalizing it in one form or the other. This has quite really opened floodgates for companies engaged in the segment, including today’s main star,
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Read MoreThe Ivy
IonQ Stock Is on Fire, Will It Last?
If you’ve been tracking hot tech trends lately, you’ve probably noticed quantum computing popping up more and more. And no surprise, it’s one of the buzziest corners of the tech world, right alongside artificial intelligence.
In fact, a report two years ago from McKinsey predicted that quantum tech could unlock $1.3 trillion in value across industries like automotive,
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Read MoreThe Spotlight
1 Money-Making Stock Investors Are Sleeping On
ResMed might not be a household name for the average investor, but its portfolio of almost 6,000 patents focused on sleep apnea and respiratory care suggest perhaps it should be. The IP forms an economic moat for ResMed in the medical devices industry, which is massive.
One of the key factors attracting investors to ResMed is the booming sleep apnea devices market,
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