By Nicole Goodkind, CNN New York (CNN) — It’s been a bumpy road for the stock market this year, but investors aren’t complaining. That’s because markets have rallied to new highs and have already soared past analysts’ 2024 estimates. The S&P 500 has surged more than 10% since January, and last week it surpassed Goldman
The AI investing craze has continued to heat up in 2024. AI chip maker Nvidia’s stock alone is up 77% since of the start of the year. While some Wall Street analysts warn that the AI frenzy is a “bubble within a bubble,” others argue that the big tech stocks are actually undervalued. Analysts at Goldman Sachs, led by Ryan Hammond, said in a new note that AI stocks still have room to grow — and that Goldman analysts are already starting to see which companies will benefit from the AI boom next. ...
U.S. stocks have "limited upside" from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset Management.
Here are three stocks that could turn your portfolio into a cash cow. Micron Technology (MU): The stock is up 16% on AI-fueled earnings growth. Astera Labs (ALAB): The AI semiconductor company's stock has more than doubled since its recent IPO. Super Micro Computer (SMCI): Up by nearly 1,000% over the last 12 months, can anything stop this AI play? There are several catalysts driving the stock market to record highs right now. These include expectations for lower interest rates, a resilient...
There are five different types "flations" that not only impact the economy, but also your investment returns. Here's how to adjust your portfolio for each one.
Since the gains in these stocks look like they have legs, we're taking our numbers up.
Some Redditors had a big day on Thursday after the social messaging company went public on the New York Stock Exchange.
It is fair to say that Chelsea with Todd Boehly at the helm has been a disaster so far, and a fan group of the Blues is letting everyone know. The American billionaire previously purchased the west London club in May of 2022. Things appeared to get off to a great start for the businessman It is fair to say that Chelsea with Todd Boehly at the helm has been a disaster so far, and a fan group of the Blues is letting everyone know. The American billionaire previously purchased the west London...
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Bank of America and PepsiCo.
Goldman Sachs expects the BOJ to raise interest rates at its March meeting ending Tuesday, bringing forward its previous forecast for an April decision.
&Partners increased its stake in shares of UnitedHealth Group Incorporated (NYSE:UNH – Free Report) by 226.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,984 shares of the healthcare conglomerate’s stock after purchasing an additional 2,764 shares during the quarter. &Partners’ holdings […]