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Jensen Huang, the billionaire CEO of NVIDIA Corp., emphasized the importance of innovations such as artificial intelligence (AI) and the possibilities it can bring to individuals and society during an inspiring graduation speech he delivered at National Taiwan University. Don’t Miss: Why Jason Calacanis and Other Silicon Valley Elites Are Betting On This Startups Vision For Re-Uniting American Families Leading the AI Revolution NVIDIA offers a range of advancements in artificial intelligence and
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.
Goldman makes a big markets call based on the rising popularity of AI stocks.
A.I. has the potential to impact all bank functions, says Kevin Levitt.
Harding Loevner, an asset management company, released its “Global Equity Strategy” first-quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the strategy returned 6.25% net of fees compared to a 7.44% return for the MSCI All Country World Index and 7.88% for the MSCI World Index. Exposure to […]
Chip maker Nvidia briefly broke into the exclusive club of companies that have a $1 trillion market cap. WSJ’s Asa Fitch breaks down how Nvidia got there—and why AI is fueling the company’s rapid growth. Photo illustration: Annie Zhao
Big money managers missed out on the rally in Nvidia and spent the past two weeks catching up, racing to amass shares of the US company that has become a go-to bet on artificial intelligence. State Street, Fidelity, Amundi, Ameriprise’s Columbia Threadneedle and Loomis Sayles all cut positions in Nvidia in the first quarter of 2023 before a powerful rally pushed the chipmaker’s valuation to $1tn, securities filings showed. An analysis by Goldman Sachs shows they were far from alone: mutual funds were broadly reducing exposure to Nvidia in early 2023, making the stock one of their most underweight positions.
In this piece, we will take a look at the ten high quality S&P 500 stocks billionaires are loading up on. For more stocks, head on over to 5 High Quality S&P 500 Stocks Billionaires Are Loading Up On. As the first half of 2023 comes to an end, the primary concern on anyone’s mind […]
Retail investors have increased their exposure to technology stocks after missing out on the market rally driven this year by artificial intelligence, with many having preferred cash or low-risk money market funds. Net purchases of US stocks by retail investors hit almost $1.5bn on May 30 and 31, the highest daily figures in three months, data from VandaTrack shows. Tech stocks were among the main beneficiaries, at the end of a month in which retail interest in AI-associated companies began to broaden and benefit the likes of Palantir, Marvell Technology and UiPath, as well as bigger names like Nvidia and Microsoft.
In this article, we discuss 10 5G stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 5 5G Stocks Billionaires Are Loading Up On. The global market for 5G technologies is projected to experience substantial growth, with an expected increase from $30.62 billion in 2022 to […]
In this article, we discuss 10 technology dividend stocks billionaires are loading up on. You can skip our detailed analysis of the tech sector and dividend stocks, and go directly to read 5 Technology Dividend Stocks Billionaires Are Loading Up On. The tech sector is on a winning spree this year after recording one of […]
In this article, we discuss 10 robotics stocks billionaires are loading up on. If you want to see more stocks in this selection, check out 5 Robotics Stocks Billionaires Are Loading Up On. The global robotics technology market experienced significant growth over the past few months, with its value increasing from $75.89 billion in 2022 […]
It's time to call out some trends to watch in the stock market before hitting the surf and sand.
U Design Week, an annual design industry summit held by Alibaba Group Holding, saw artificial intelligence-generated content (AIGC) take centre stage this year as global business executives discussed the fusion of tech and art at the four-day event which concluded on Sunday in Hangzhou, the e-commerce giant's home city. William Shen, vice president and general manager, APAC professional visualisation computing at Nvidia, the world's most valuable chip maker, delivered a keynote speech on June 1
Nvidia's billionaire founder and chief executive Jensen Huang Jen-hsun has left Taiwan to return to the United States, skipping a reported planned trip to mainland China, according to media reports. Huang, 60, returned to the US after completing a trip to Taiwan last week, the Beijing-based Economic Observer reported, citing a company representative. The official Shanghai Securities News reported last week that Huang was expected to arrive in Shanghai on Tuesday, echoing an earlier report by Blo
In this article, we discuss 10 stocks that billionaires love. If you want to see more stocks in this selection, check out Billionaires Are Crazy About These 5 Stocks. Investors seem to have ignored all the panic around debt ceiling and are instead salivating over the possibility that the Federal Reserve might stop increasing interest […]
With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.
In this article, we will be taking a look at 10 stocks Jim Cramer and hedge funds have in common. To see more of these stocks, you can go directly to see 5 Stocks Jim Cramer and Hedge Funds Have In Common. “If You Use NVIDIA’s Chips, You Can Speak In The Vernacular Of ChatGPT” […]
Just a handful of tech stocks, including Apple, Microsoft, Nvidia, Tesla, and Amazon are responsible for the most of the big gains we have seen in the Nasdaq. Michele Schneider, Chief Strategist at Marketgauge.com tells Yahoo Finance Live why she thinks it would be "healthy" to see some of these stocks pull back.
Nvidia Corp (NASDAQ: NVDA) CEO Jensen Huang could visit Shanghai, the first visit in four years. Despite escalating geopolitical tensions, Nvidia CEO Jensen Huang may visit Shanghai on June 6. Huang may meet executives from Tencent Holding Ltd (OTC: TCEHY), TikTok owner ByteDance Ltd, smartphone giant Xiaomi Corp (OTC: XIACY) (OTC: XIACF), and automobile makers BYD Co, Ltd (OTC: BYDDF) (OTC: BYDDY) and Li Auto Inc (NASDAQ: LI), SCMP reports. The Taiwan-born American entrepreneur spent this week
Microsoft Corp (NASDAQ: MSFT) has agreed to spend potentially billions of dollars over multiple years on cloud computing infrastructure from startup CoreWeave. CoreWeave, announced Wednesday that it raised $200 million from hedge fund Magnetar Capital just over a month after the company reached a valuation of $2 billion, CNBC cites familiar sources. CoreWeave sells simplified access to Nvidia Corp’s (NASDAQ: NVDA) graphics processing units, which are ideal for running AI models. Nvidia invested
Nvidia founder and chief executive Jensen Huang Jen-hsun may arrive in Shanghai next Tuesday, according to state-backed newspaper Shanghai Securities News. A visit to the eastern Chinese metropolis would be part of his reported trip to China, the first one in four years, despite escalating tensions between Washington and Beijing over semiconductors and other advanced technologies. Nvidia declined to comment on the visit on Friday. Do you have questions about the biggest topics and trends from ar