Tech Stocks' Superb 2023 Will Be Shattered by a Recession, BofA Warns
The Nasdaq has staged an impressive rally so far in 2023, but that could soon be "cracked" by an economic slump in the US, Michael Hartnett said Friday.
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The Nasdaq has staged an impressive rally so far in 2023, but that could soon be "cracked" by an economic slump in the US, Michael Hartnett said Friday.
Nvidia's H100 AI accelerator chip has surged in demand, so much so that they're currently selling on eBay for upwards of $45,000 each.
Investors should lean into advertising, e-commerce and public-cloud computing among other areas to take advantage of a $6 trillion opportunity in the AI market, per Morgan Stanley.
Peter Lynch regrets not investing in Apple years ago, when even tech-wary Warren Buffett spotted the company's potential and bet big on its stock.
Nvidia shares have already surged 90% this year on the back of the ChatGPT craze, and BofA sees even more gains ahead.