Nvidia’s (NASDAQ: NVDA) share price is rebounding, with eyes on the $140 resistance as investors react positively to the company’s promising production developments. As of press time, NVDA’s stock was valued at $135.48, up almost 4% in the last 24 hours. On the weekly timeframe, the equity is down a modest 0.60%. Indeed, the current rebound is welcomed, considering the semiconductor giant briefly
Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), has come a long way in recent weeks in large part thanks to the political alliance between the billionaire owner and President-Elect Donald Trump. For much of 2024, TSLA stock held the dubious honor of being among the worst-performing S&P 500 stocks year-to-date (YTD), but at press time, it is 78.46% in the green
Once the world’s leading producer of gaming-focused graphics processing units (GPUs), Nvidia (NASDAQ: NVDA) has emerged as a juggernaut following the advent of the artificial intelligence revolution. The company’s products, once firmly in the domain of entertainment and demanding video editing, are now powering a paradigm shift that has found a myriad of uses spanning more or less
stocks As the semiconductor industry continues to drive innovation in artificial intelligence (AI) and high-performance computing (HPC), identifying the best investment opportunities has become increasingly critical. With global semiconductor sales reaching a record $55.3 billion in September 2024, a 10.2% quarterly increase, and the fastest growth rate since 2016, the sector is poised for transformative growth. However, geopolitical tensions, including potential tariffs and
Alphabet Inc. (NASDAQ: Google GOOGL) saw its shares jump by over 5% on December 10, marking the tech giant’s largest single-day gain since April 2024. This surge followed the announcement of its quantum computing chip, “Willow,” a breakthrough hailed as a game-changer in quantum computing, widely regarded as the next frontier in the tech industry. The news
Dividend stocks offer an ideal option for investors aiming to build a portfolio in 2025 due to their ability to provide income and growth. They offer a steady stream of passive income, which can be reinvested for compounding growth or used for regular payouts. Most importantly, these equities are less volatile, making them a reliable foundation for long-term
REX , The exchange-traded fund is designed to earn income from writing options against cryptocurrency stocks. Asset manager REX Financial has launched an exchange-traded fund (ETF) designed to earn income from writing options against cryptocurrency stocks, according to a Sept. 18 announcement. The REX Crypto Equity Premium Income ETF executes a “covered call” strategy, holding
The stocks market is on track to end 2024 on a high note, with select equities likely to see further upside in the coming year. To this end, these stocks will potentially attract more capital inflow with targets such as the $500 billion market capitalization in sight. Indeed, there are expectations of a stock market rally in the coming
With so many of us curious about the financial status of our political representatives, we decided to explore Democrat Sherrod Brown’s net worth, revealing how wealthy the Ohio senator truly is as well as whether he was ever involved in any financial controversy. Who is Sherrod Brown? Sherrod Brown is a Democratic senator from Ohio, known for