NVIDIA in Rush to Overtake Apple: ETFs Set to Gain Further
NVIDIA, the world's third-most valuable company, is now just $100 billion away in market value to overtake Apple (AAPL) in a major reshuffle of Wall Street's biggest players.
NVIDIA, the world's third-most valuable company, is now just $100 billion away in market value to overtake Apple (AAPL) in a major reshuffle of Wall Street's biggest players.
As we approach the second half of 2024, investors are keenly eyeing currency movements for indicators of how the forex market could shape up over the next few months. In this...
With the AI boom propelling markets, investors might seek alternative avenues to capitalize on this emerging trend. CNIC Funds CEO Tim Kramer joins Wealth! to explore why the energy sector could present an enticing entry point into the AI trade. Kramer emphasizes that electricity "is the most consumed commodity in the US." He draws a parallel between the AI trade and the gold rush, suggesting that while gold was initially the hot commodity, attention soon shifted toward the companies or individuals that supplied the gold rush and trade—a similar pattern he anticipates with AI and electricity. "Given that backdrop on how much more electricity this is going to take, we think that we're in a very interesting position to give people an opportunity to get exposure to that piece of the sector, which is the increase in electricity consumption," Kramer tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
UBS released a report analyzing the impact of the Swiss National Bank's (SNB) unexpected March rate cut on currency markets. The SNB's early action, ahead of other major central...
UBS provided an outlook on the EUR/USD currency pair, suggesting that it may test the lower end of the current 1.05–1.10 range in the upcoming months. The firm's analysts predict...
UBS revised its forecast for the EUR/CHF currency pair, indicating a bearish outlook in the short term. The financial services firm adjusted its March 2022 target for the Euro to...
UBS expressed a positive outlook on the NOKSEK currency pair, indicating a potential upside. The firm noted that both the Norwegian Krone (NOK) and the Swedish Krona (SEK) are...
- The U.S. dollar edged higher in early European trade Wednesday ahead of key inflation data, helped by rising expectations the Federal Reserve will delay interest...
The semiconductor boom has rewarded many investors who picked them up before the latest AI-fueled surge. Though there’s still value (and room to run) for many of the AI chip stocks, there are also the overheated ones that may be vulnerable to a correction at some point in the near future. Undoubtedly, the AI boom is still on a healthy footing, but as investors, we should always be ready for turbulence, especially after a period of pretty pronounced gains. Though it’s quite the stretch to refer t
-- Most Asian currencies weakened on Wednesday, with the Chinese yuan touching its weakest level in six months as persistent fears of high U.S. interest rates kept...