The first half of the year was a turbulent one for stocks in general amid concern President Trump's planned import tariffs would hurt the economy. And this problem weighed most heavily on stocks that depend on growth and investment -- such as those in the field of artificial intelligence (AI).
The world is gearing up for artificial intelligence (AI), which researchers believe could unleash between $15 trillion and $23 trillion in annual economic value by 2040. AI could be a game-changer for countless industries and will likely create new market opportunities in the process.
Warren Buffett readily admits that he doesn't understand artificial intelligence (AI). He has also said that he won't invest in businesses that he understands.
Apple (AAPL -1.62%) is in the bottom 10% of S&P 500 stocks when measuring year-to-date performance. The stock trades down almost 22% at the time of this writing.
When people think about Apple (AAPL -1.62%), products like the iPhone likely come to mind. But long-time investors probably think more about the company's stock, which has rewarded shareholders with a 532% appreciation over the last 10 years through June 9.
The AI boom is likely going to be the dominant macro theme for the coming decade. However, most of the AI opportunities are already richly valued by Mr. Market. That said, there are a few stocks that Mr. Market is still overlooking, giving investors a generational buying opportunity.
US stocks slide today on Middle East tensions. S&P 500 and Nasdaq dip as Nvidia, Visa fall; oil stocks like Exxon and Halliburton see gains.
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