Tech stocks

Nvidia's stock surge boosted its market cap by about $500 billion, almost Tesla's entire worth. Its $1.7 trillion market cap is closing in on Amazon and Alphabet. Nvidia CEO Jensen Huang's fortune has surged by $17 billion this year to $61 billion, per Bloomberg. Thanks for signing up! Access your favorite topics in a personalized…

23andMe stock is down over 95% from its peak, cutting its value from $6 billion to $345 million. The genetic-testing company is facing financial and strategic challenges, and was hacked last year. The startup's backers, including Sequoia Capital, have taken big hits to their investments. Thanks for signing up! Access your favorite topics in a…

Elon Musk's wealth is down $30 billion this year to just under $200 billion, per Bloomberg. Tesla's stock has tanked 26% this year on weakening growth for the EV maker. Jeff Bezos is just $15 billion behind Musk, threatening his crown as the world's richest person. Thanks for signing up! Access your favorite topics in…

Ted Gioia made a $6 million error when he cashed in his Apple stock about 25 years ago. The jazz critic bought 300 shares in the 1980s that would have been worth $6.4 million today. The former management consultant missed out on making around 700 times his money: "Sigh!" Loading Something is loading. Thanks for…

Stocks are enjoying a strong November after a streak of difficult months.  There are a few factors investors should be aware of as the chase a rally into year-end, Vada Research says.  Mega-cap tech is still appealing and sectors like airlines and hotels could benefit from still-strong consumer spending.  Loading Something is loading. Thanks for…

AI stocks have hogged the limelight, but another asset cluster has enjoyed a similar boom. Uranium and shares in companies that mine it have enjoyed a scorching rally on soaring demand. Nuclear energy is back in fashion as more reactors are planned amid a shift away from fossil fuels. Loading Something is loading. Thanks for…

Technology stocks just hit all-time highs relative to the S&P 500, according to Bank of America.The surge has eclipsed the dot-com bubble highs from 2000 and the highs seen during the 1960s bull market.Bank of America's Michael Hartnett credits the "AI productivity miracle bull" for tech's recent dominance. Loading Something is loading. Thanks for signing…

A once-in-a-generation opportunity is coming for the stock market, according to investment chief Richard Bernstein. That's because profits are about to accelerate for companies throughout the stock market. It could usher in a decade of sagging returns for current market leaders, and huge gains for the rest of the market.  Loading Something is loading. Thanks…

After a stunning first-half rally, the so-called "Magnificent Seven" mega-cap Big Tech stocks have struggled in recent months. Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla have lost a whopping $1.2 trillion in market value since the end of July, per data from Refinitiv. Investors' fears about the Fed's rate hikes and spiking bond yields…

Warren Buffett's Berkshire Hathaway should be part of a "Magnificent Eight," Jim Worden says. Berkshire deserves a spot given its diversified business, cash pile, and investing nous, he says. The investment chief doesn't expect a recession but sees several challenges for the US economy. Loading Something is loading. Thanks for signing up! Access your favorite…