Here are 3 stocks other than Nvidia getting AI premium from investors

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[ad_1] Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC’s San Francisco bureau on November 21, 2019. Jacob Jimenez | CNBC The big winner for investors this year in the generative AI boom has been Nvidia. The company’s stock price rocketed 234% as demand soared for the chipmaker’s … Read more

Generative AI big year meant profit for Nvidia, experiments elsewhere

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[ad_1] Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images OpenAI CEO Sam Altman has admitted that he was surprised by the popularity of ChatGPT, which was released as a research project a little more than a year ago. … Read more

Bitcoin 2023 rally pumped up Marathon, Coinbase, MicroStrategy, GBTC

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[ad_1] Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Michael Nagle | Bloomberg | Getty Images For crypto bulls, the most lucrative bets in 2023 were in the stock market. While bitcoin rallied over 150% for the year, shares of Coinbase, MicroStrategy … Read more

Apple will sell latest Apple Watch models after import ban halted

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[ad_1] Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023.  Eduardo Munoz | Reuters Apple will be able to sell the latest Apple Watches after an import ban was temporarily paused by an appeals court on Wednesday, in a major … Read more

Startup bubble fueled by Fed cheap money policy finally burst in 2023

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[ad_1] Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking spaces were no longer … Read more

Affirm’s stock quintupled this year, beating all tech peers

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[ad_1] Drew Angerer / Getty Images  A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm shares ended 2022 down 90%, wiping out billions of dollars in market value. Affirm investors are wrapping up 2023 in a much different mood. … Read more

Chinese spy balloon used a U.S. internet provider to communicate

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[ad_1] U.S. Air Force pilot looks down at the suspected Chinese surveillance balloon as it hovered over the Central Continental, United States February 3, 2023. US Department of Defense | Handout | Anadolu | Getty Images WASHINGTON — U.S. intelligence officials have determined that the Chinese spy balloon that flew across the U.S. this year … Read more

Apple underperformed mega-cap peers in 2023 due to revenue slide

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[ad_1] Apple CEO Tim Cook stands next to a new Apple Vision Pro headset displayed during the Apple Worldwide Developers Conference in Cupertino, California, June 5, 2023. Justin Sullivan | Getty Images Apple’s stock rallied in 2023, but its performance was outshined by all of its mega-cap tech peers, as the company suffered four straight … Read more

SpaceX rockets set new launch record in 2023

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[ad_1] A SpaceX Falcon Heavy rocket with the Psyche spacecraft launches from NASA’s Kennedy Space Center in Cape Canaveral, Florida, on Oct. 13, 2023. Chandan Khanna | AFP | Getty Images Elon Musk’s SpaceX smashed its previous annual record for orbital rocket launches, pulling off 96 successful missions in 2023 at a blistering average launch … Read more

Tech stocks wrap up 2023 rally after last year’s slump

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[ad_1] Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Tech stocks rebounded from a disastrous 2022 and lifted the Nasdaq to one of its strongest years in the past two decades. After last year’s 33% plunge, the tech-heavy Nasdaq finished 2023 up 43%, its best year since 2020, which was narrowly higher. … Read more

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