Alphabet is best known for its Google subsidiary and has a market cap of about $2.4 trillion as of this writing. With a valuation of just 23 times forward earnings, there's also a solid case to be made that it is the cheapest of the Magnificent Seven stocks right now.
Behind declines for shares of NVIDIA Corp. and Amazon.com Inc., the Dow Jones Industrial Average is declining Tuesday afternoon. The Dow was most recently trading 234 points lower (-0.5%), as shares of NVIDIA Corp.
AI chips sales drove Nvidia stock higher in 2024. Now Nvidia could be building out data centers to support a cloud-based AI software business.
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
Huang said he would do everything he can to help President-elect Donald Trump's administration succeed.
Discover how Nvidia Corporation's revenue soared in 2024, driven by hyperscaler investments in AI data centers, solidifying its dominance. Click for more on NVDA.
Wedbush analyst Dan Ives remains bullish and expects Tesla's market cap to hit $2 trillion in 2025, saying the coming four years will be a "total game changer" for Tesla. He expects the Trump administration to fast-track full self-driving (FSD), paving the way for the company's robotaxi agenda.
Nvidia sells graphics processing units (GPUs) that provide computing power for various uses. More than two decades ago, the main function was to support PC gaming. But what has put the business on the map in recent years has been its GPUs that enable training AI models in massive data centers, now representing the bulk of the chipmaker's sales.
Among Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla, there's a phenomenal bargain hiding in plain sight, as well as a highflier that may be more than fully valued.
See why Nvidia Corporation should reach a $10 trillion market cap with its dominant GPU technology, strong growth potential, and leadership. Click for more on NVDA.
The biggest US tech stocks have enjoyed an earnings bonanza in the past two years, leading to their significant outperformance of the broader market.