Change is a constant on Wall Street, with innovation, competition, mergers and acquisitions and bankruptcies regularly shuffling the stock market’s “rankings.” The rise of artificial intelligence (AI) has helped propel Taiwan Semiconductor Manufacturing and Broadcom past the $1 trillion plateau in 2024. However, AI is not the main growth driver for an industry leader that … Read more
Front Bottom Line: Nvidia ( NVDA ) CEO Jensen Huang, in his role as the lead company behind the ongoing technology movement, says many people don’t realize how big the AI revolution is. He says there are currently more than 1.5 million AI models worldwide, from healthcare and drug discovery to more familiar names like … Read more
Over the past two years, Berkshire has reduced its position in Apple stock by more than 70%. For years, Berkshire has been hoarding cash and collecting interest on T-bills. Last quarter, Berkshire used some of its excess cash and acquired a stake in Alphabet. 10 Stocks We Like More Than Alphabet › Over the past … Read more
The Micron Technology logo adorns a company building. Upbeat analyst updates signal growing confidence that the AI supercycle is creating a sustained and profitable environment for the memory industry. Growing demand for high-bandwidth specialized memory is eating into production capacity, creating a supply shortage for many of Micron’s products. Record financial results and multi-year timelines … Read more