Most desktop and laptop computers use Intel (NASDAQ:INTC) processors, while Nvidia (NASDAQ:NVDA) chips power many AI platforms. However, Qualcomm (NASDAQ:QCOM) remains dominant for its smartphone technology, Bluetooth headsets, and WiFi chips. As a result, investors are jumping on Qualcomm stock. Its Snapdragon mobile processor has the capacity to handle generative AI tasks on smartphones, creating
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Hydrogen stocks have yet to make a comeback in 2024. The Global X Hydrogen ETF (NASDAQ:HYDR), which has a $43 million AUM and holds 29 different equities related to developing hydrogen energy, has plummeted more than 23.7% on a year-to-date basis. While HYDR has been a good gauge for pure-play hydrogen businesses, not all companies
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According to Goldman Sachs, investors are bullish on artificial intelligence in the long term, with over $1 trillion in spending projected by tech and utility firms. BlackRock researchers compared AI’s impact to the Industrial Revolution. Nvidia (NASDAQ:NVDA), leading the AI revolution, saw a 175% stock increase in 12 months. Tech and communication companies investing heavily
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With cyberattacks increasing to 2,365 incidents and 343 million victims last year, cybersecurity stocks are more attractive. Data breaches surged 72%, highlighting the need for robust digital defenses. Cybersecurity firms provide vital software to monitor and prevent threats, offering potential long-term returns for investors. Focusing on companies in this sector with rising revenues and profits
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With the U.S. economy proving resilient in the face of high interest rates, investors may wonder which stocks to buy and hold as recession risks recede. Recent data showed that second-quarter GDP growth outpaced forecasts, which has boosted optimism that the economy can continue expanding steadily. This is especially true as the Federal Reserve is
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While investing in the best blue chip stocks to anchor your portfolio is always a good idea, I am always looking to diversify. A good way to do that is to invest in lesser-known but quality stocks under $10. Lower-priced stocks have the advantage of being affordable so that you can buy more shares with less money.
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With soaring summer heat in America, some stocks will benefit from consumers turning down their thermostats and enjoying more time indoors. This should translate to higher spending on practical products and services such as air conditioning and related items. However, consumers may also put more money toward non-essential items like beverages, food and entertainment. We
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The third quarter of 2024 is shaping up to be a very interesting time. Wall Street is largely anticipating that the Federal Reserve will cut interest rates in September.  While bullish, this news could potentially trigger a stock market correction. This can be characterized as a ‘’sell the news’’ event, in which the release might already be priced into the market. Therefore, investing in Dow stocks can
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Blue-chip companies typically have a large market cap, solid financial reputation and overall positive sentiment among investors. These are stocks that shift the market in one direction or the other. Investing in blue-chip stocks for the long term is a solid investment strategy. Many different mutual funds and ETFs provide exposure to a wide range
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