S&P 500: 2024 Investment Strategy - Continuing To Buy At Market Peaks
The S&P 500 has risen 10% since October, and this article analyzes key economic data to predict its performance in 2024.Recent data shows a decrease in job openings compared to 2022, but still higher
AMD's AI Future Is in Sight, but Are Expectations Too High?
Some analysts were relieved by AMD's latest artificial-intelligence disclosures, but one warned of a lack of 'specs or anything that might help to gauge uptake'. Advanced Micro Devices Inc. offered some relief to investors as the company further discussed its artificial-intelligence roadmap Tuesday, but there remain many unknowns.While the chip company reported earnings that were slightly better than-expected on Tuesday, Wall Street seemed more focused on AMD's future opportunities around AI, especially as rival Nvidia Corp. is increasingly synonymous with the hot market for AI accelerators."We had thought AMD's AI products would be margin dilutive, but the company stated it should be margin accretive," he wrote, as he raised his rating on the stock to buy from neutral and lifted his target price to $136 from $120. "We also thought investors would eventually tire of the expensive valuation of AMD stock and we were wrong on that count as well.". AMD executives "themselves suggested a