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Tech stocks rallied in 2024, with powerhouse artificial intelligence (AI) stocks like Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) bringing up the S&P 500 (SNPINDEX: ^GSPC). But ...
DOCN Revenue Estimates for Current Fiscal Year data by YCharts. However, don't be surprised to see the company delivering stronger growth in both 2025 and 2026.
Palantir Technologies was the best-performing member of the S&P 500 (SNPINDEX: ^GSPC) in 2024. Its share price surged 340% last year as growing demand for its artificial intelligence platform ...
Nvidia's fiscal year is different from the regular calendar year. As I mentioned above, the company is currently in fiscal 2025, which will end less than two months from now on Jan. 30, 2025.
Its share price would need to increase 17% in the next year for the company to achieve a market value of $4 trillion. Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is currently worth $2.4 trillion.
Others have a more sanguine view of the AI superpower's dominance, though. In a recent research note detailing why the S&P 500 could average more than 10% annual returns over the next decade ...
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The S&P 500 and Nasdaq Composite have both posted returns of roughly 10% so far in 2024. One of the biggest catalysts driving these returns is artificial intelligence (AI).. While this might make ...