With technology continuing to change and advance the world we live in, there is good reason to believe that tech stocks will continue to help lead the market higher over the next decade. Nvidia (NASDAQ: NVDA) has become the leader in artificial intelligence (AI) infrastructure where its graphic processing units (GPUs) provide the computing needed to train AI models and run inference. This dominance can be attributed to its CUDA software platform, which it long ago created to let developers program its chips outside their original purpose of speeding up graphics rendering in video games.
Nu Holdings (NYSE: NU) is a digital bank that has disrupted the traditional banking sector in Brazil. The consumer finance company is expanding its footprint into other key markets in Latin America, including Mexico and Colombia. On top of that, Berkshire trimmed some of its position, and the stock is down 29% from its recent 52-week high.
We came across a bullish thesis on Alibaba Group Holding Limited (BABA) on Substack by BlackSwanInvestor. In this article, we will summarize the bulls’ thesis on BABA. Alibaba Group Holding Limited (BABA)’s share was trading at $85.12 as of Jan 17th. BABA’s trailing and forward P/E were 17.73 and 8.85 respectively according to Yahoo Finance. Alibaba Group, […]
Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.