Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
2 AI stocks that benefited from the boom in AI as much as Nvidia
The biggest names in artificial intelligence (AI) are once again beating quarterly earnings expectations. There isn’t a hotter investment trend on Wall Street that exemplifies the FOMO trade quite like artificial intelligence (AI).
And the biggest winner was Nvidia.
Previously, we did a market analysis when the stock price of Nvidia skyrocketed to a record $1,224.40, bringing the company to hit a $3.01 trillion market cap milestone.
Nvidia made a move that many investors were eagerly waiting for. The tech giant completed a 10-for-1 stock split, now trading for about $120 a share compared with more than $1200 last week.
Such growth has put Nvidia on track to become the second largest company in the world.
What’s all the hype about stock splits?
When a company announces a stock split, it typically indicates strong performance in earnings and share value. This suggests that Nvidia may continue to perform well. Management is confident that, following the split, the stock has the potential to climb even higher.
But don’t expect this superior pricing power to last much longer.
The reason AI stocks have soared is simple: AI is useful in almost every industry. With more companies making A100 and H100 chips and new competitors joining the AI data center market, powerful GPUs will become less scarce. This means Nvidia might not be able to charge as much for their chips in the near future.
Nvidia may be Wall Street’s hottest AI stock right now, but investors may be better off looking at companies which are not heading for a bubble-bursting event.
Picture: Nvidia trading at 136.26 as seen on the VT Markets app (As of 19 June 2024).
Here are 2 hypergrowth stocks that you should grab now
There are currently only three S&P 500 stocks in the $3 trillion club: Nvidia, Microsoft, and Apple.
Compared to the stocks already in the $3 trillion club, Alphabet trades at the lowest valuation by far at a wide discount when compared to the others. Given its current growth and future prospects, the Alphabet currently looks very undervalued.
Alphabet’s market cap now stands at $2.19 trillion, which is approximately 47.03% lower than Nvidia’s valuation of $3.22 trillion.
Here’s why Alphabet has what it takes to push its market cap above $3 trillion
Picture: Google currently trading between 180.72 to 182.48 as of 24 June on the VT Markets app.
While Nvidia dominates the hardware sire of AI, Google Cloud takes the leading role in AI software. Running AI models takes serious computing power, and many companies either don’t have it or can’t justify spending millions of dollars on a system that may not be used enough to justify its cost. Cloud computing is the answer to this problem, allowing anyone to rent computing space from a cloud computing provider like Google Cloud.
Whether it’s data storage or processing power, Google Cloud has clients covered. With access to the latest generation of Nvidia GPUs for training models, Google Cloud is a top competitor in this space.
Intel has been slower in adopting AI, but it’s starting to stand out from other chip makers by jumping into manufacturing. They’re aiming to become one of the biggest semiconductor manufacturers in the U.S. and Europe, just as the demand for chips is booming.
This might be the perfect time to invest.
Intel is on the verge of a potential comeback. Last year, they announced a shift to a foundry model and plans to build chip plants all over the U.S.
Right now, Taiwan Semiconductor Manufacturing Company (TSMC) dominates the market, making at least 60% of the world’s chips. But with tensions rising between China and Taiwan, tech companies are rethinking their reliance on TSMC.
But not for Intel. They’re seizing this opportunity to dive into the manufacturing game.
However, starting a foundry business incurs significant costs, which is why most companies prefer to outsource manufacturing. As a result, it will take time for Intel to recover its investment.
Interested to add Nvidia, Intel, or Intel to your portfolio? Try CFD Share Trading.
With the VT Markets app, you can do it with just a fraction of the trade value, while also being able to control larger positions. Unlike stocks, which require the full amount of the investment upfront, trading Share CFDs offers you the opportunity to gain access to global markets faster and at a lower cost.
Dear Client,
As part of our commitment to provide the most reliable service to our clients, there will be server maintenance and VT Markets APP this weekend.
MT5 Maintenance Hours:
July 20th, 2024 (Saturday) 02:00 – 05:00
VT Markets APP Social Trading Maintenance:
July 20th, 2024 (Saturday) 02:00 – 05:00 & 08:00 – 15:00
The above time is system time GMT+3.
Please note that the following aspects might be affected during the maintenance:
1. During the maintenance period, VT Markets APP Social Trading will not be available. It is recommended that you avoid this service during this period. All the other services on the VT APP remain normal.
2. Before the trading hours, the price quote and trading management will be temporarily disabled. You will not be able to open new positions, close open positions, or make any adjustments to the trades.
3. There might be a price gap after the trading hours opening. The Pending Orders, Stop Loss and Take Profit will be filled at the market price after trading hours opening.
Please refer to the MT5 / VT APP software for the specific maintenance completion and marketing opening time.
Thank you for your patience and understanding about this important initiative.
If you’d like more information, please don’t hesitate to contact [email protected]
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”.
Please refer to the table below for more details:
The above data is for reference only, please refer to the MT4/MT5 software for specific data.
If you’d like more information, please don’t hesitate to contact [email protected].
New contracts will automatically be rolled over as follows:
Please note:
• The rollover will be automatic, and any existing open positions will remain open.
• Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.
• To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.
• Please ensure that all take-profit and stop-loss settings are adjusted before the rollover occurs.
• All internal transfers for accounts under the same name will be prohibited during the first and last 30 minutes of the trading hours on the rollover dates.
If you’d like more information, please don’t hesitate to contact [email protected].