The hottest area of growth in the market is artificial intelligence (AI). This is being led by big tech companies, which continue to see strong demand stemming from AI.
It's been a banner year, so far, for cryptocurrency enthusiasts worldwide. Bitcoin (CRYPTO:BTC), the world's most popular cryptocurrency, touched an all-time high of $124,457.12 in mid-August before pulling back to around $110,000 in the month's final trading days.
I reiterate my Strong Buy rating for Advanced Micro Devices, Inc., as the market is finally recognizing its AI potential and undervalued stock price. AMD's AI accelerators and EPYC CPUs are gaining traction, with strong partnerships and competitive performance versus Nvidia and Intel. The gaming segment is rebounding, driven by new GPU launches, console partnerships, and upcoming major game rel...
Quantum computing stocks surged this week, driven by recent major partnerships and a growing shift from speculative hype to tangible commercial prospects. The sector's momentum was fueled by announcements from market leaders like IBM, AMD, and Rigetti Computing, signalling that quantum technology is entering a new phase of growth and institutional adoption.
David Alton Clark, The Winter Warrior Investor, thinks the market is a little bit toppy with stretched valuations. Focusing on high-conviction positions, trimming the number of holdings, and reallocating gains from growth into income-producing assets for capital preservation.
The huge Nvidia earnings call has come and gone, and now it looks like the market is trying to sort out whether or not we can continue higher in most of these microchip stocks.
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