True, Amazon's top line isn't growing as fast as Nvidia's. In the third quarter, Amazon's revenue increased 11% year over year to $158.9 billion. The company's net income of $15.3 billion was up 54.5% from the year-ago period.

Equity analyst Dan Ives has made a quite a few prescient calls in his career. In the last year alone, he predicted the Nasdaq Composite would hit 20,000, and he remained bullish on Palantir despite widespread skepticism.

The early 2024 enthusiasm for Micron Technology (NASDAQ: MU) had some real truth to it. Micron makes both DRAM memory and NAND flash storage, but DRAM makes up the majority of its revenue, at 73%. With the rise of artificial intelligence,

Spending on artificial intelligence (AI) infrastructure has been solid over the past couple of years, and that trend is expected to continue in 2025 as well, with market research firm IDC forecasting that the total outlay on AI could hit an impressive $227 billion in the new year.

Artificial intelligence continued to be a driving force behind stock market returns in 2024. Here are some of the stocks that have benefited the most.

Artificial intelligence (AI) has been one of the biggest themes on Wall Street for several quarters. The Trade Desk (NASDAQ: TTD) saw a solid year in 2024, as its shares advanced more than 60%. In its most recent quarter (the three months ending on Sept.

This Magnificent Artificial Intelligence (AI) Stock Jumped 90% in 2024. It Could Soar Over the Next 3 Years.