NVIDIA's AI-Powered Sales and Market Cap Surge, Making It Most Popular Stock Among Retail Investors
The recent Dell Technologies World 2024 event in Las Vegas brought together business leaders and technology experts to discuss the current prominence of AI in the news and stock market. NVIDIA's CEO, Jensen Huang, was a key figure at the event, as the company's sales have been boosted by AI and its market cap now exceeds $2.5 trillion, making it the world's third most valuable company. NVIDIA has announced a quarterly dividend boost and a 10-for-1 stock split to attract more retail investors, and is now the most popular stock among retail investors, representing 9.3% of investors' portfolios on average. The rise of AI and Blockchain technology is driving demand for powerful computing, which is linked to the growth of Bitcoin, and investors are also turning to gold due to geopolitical uncertainty and anticipation of a rate cut by the Federal Reserve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hamster Kombat NFT Game Bans +2.3M Users For Cheating – Recovers 6.5 Tokens From These Users
Cathie Wood's Ark Invest offloads another $2.8 million worth of its own spot Bitcoin ETF
Ark Invest offloaded 44,609 ARKB spot Bitcoin ETF shares on Monday, worth $2.8 million, as the investment firm rebalanced its fund weightings.The Cathie Wood-led firm has sold a total of $17.5 million in ARKB shares from its ARKW fund but still holds $139.7 million of the spot Bitcoin ETF.
Harris Support for Bitcoin (BTC) and Cryptocurrencies Shelved! Sources Explained: "Don't Expect Too Much!"
A person with knowledge said Kamala Harris should not be expected to announce any more cryptocurrency announcements as the election approaches.
Robert Kiyosaki Makes Another Bold Bitcoin Prediction
Trending news
MoreCrypto prices
More
