It's possible to become a millionaire by investing in stocks. But to do so, you'll need to earn strong returns for many years. And to do that, you'll want to invest in businesses with powerful competitive advantages and attractive long-term growth opportunities.
Alibaba Group (NYSE: BABA) has had a rough time recently, with the stock down nearly 60% over the past five years. However, billionaire co-founder Jack Ma recently praised the company and its restructuring efforts. Ma said that while mistakes have been made in the past, the decis
One of the world's most successful investors is putting his money on a company that's driving today's hottest technology. Billionaire Ken Griffin has made artificial intelligence (AI) chip designer Nvidia (NASDAQ: NVDA) his top technology holding.
The PHLX Semiconductor Sector index has enjoyed solid gains in the past year, rising a healthy 59% as of this writing thanks to the booming demand for chips that are used for powering artificial intelligence (AI) servers and applications. But not all chip stocks have benefited fr
Use cases revolving around artificial intelligence (AI) are exploding. Every industry is seeking to leverage the technology in some fashion. While the rapid pace of innovation is exciting, it's worth noting that some AI applications will be more impactful than others.
The "Magnificent Seven" refers to seven mega-cap tech-oriented companies -- Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Nvidia (NASDAQ: NVDA), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Amazon (NASDAQ: AMZN), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ: TSLA).If you're loo
Investors have long observed the stock selections of Stanley Druckenmiller. The billionaire investor built his fortune in a fund he founded in 1981, Duquesne Capital Management. Although he closed that fund in 2010, he maintains about $3.4 billion in assets through his Duquesne F
Nvidia (NASDAQ: NVDA) stock has crushed the broader market handsomely over the past five years with eye-popping gains of more than 1,800% -- which is significantly higher than the S&P 500 index's gains of 71% -- and a big reason behind the chip giant's terrific surge is its d
With Q1 results from Apple AAPL and Amazon AMZN now out, we only have Nvidia’s NVDA results still awaited at this stage of the ‘Magnificent 7’ group of companies. The sub-par growth numbers from Tesla TSLA and Apple notwithstandin
Traders had a lot to grapple with this past trading week, from earnings, an interest rate decision, and the latest jobs data. Wall Street kicked off the week with solid wins across the board, while its "fear gauge," the Cboe Volatility (VIX) fell to its lowest mark since early A
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.
Apple AAPL reported second-quarter fiscal 2024 earnings of $1.53 per share, which beat the Zacks Consensus Estimate by 1.32% and inched up 0.7% year over year. Earnings benefited from strong expansion in services gross margin.Net
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
CyberArk Software Ltd. CYBR started 2024 on a strong note by reporting better-than-expected results for the first quarter. The leading identity security solution provider’s quarterly results also exceeded management’s expectations