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Top Ways to Trade the Unstoppable AI Boom

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behindthemarkets.com

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Wed, Mar 13, 2024 12:58 PM

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These names are HOT These names are HOT                                                                                                      These names are HOT                                                                                                      [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, The artificial intelligence boom shows no signs of slowing. With artificial intelligence impacting just about every industry in the world, the market could be worth about $594 billion by 2032, according to Precedence Research. Plus, according to a McKinsey report, “63% of companies that adopted AI into their operations in 2023 reported revenue increases.” Plus, “Artificial intelligence in business operations is expected to double the efficiency of the workforce and boost profitability by an average of 38% by 2035, according to Accenture's prediction.” --------------------------------------------------------------- [Here's Why Bitcoin Could Rise to $165,000 Starting Exactly On April 22, 2024.]( [Oxford Chart]( The same catalyst the kicked off the three major crypto bull markets... is about to hit again on April 22, 2024. [Here's what you need to do now to profit.]( --------------------------------------------------------------- And, according to IBM, “In 2024, it's estimated that businesses will interact with their customers more through AI-powered communication channels than human-led efforts.” In short, AI remain explosive for quite some time. That being said, we’d use weakness in AI-related stocks as a reason to buy. That includes Nvidia (NVDA). Sure, it’s now a $900 stock, but it’s likely to push higher as the 800 lb. gorilla in the AI space. Its slight pullback was enough to create even more excitement for the stock. --------------------------------------------------------------- [[Webinar] Greeks I: Delta and Gamma](How do the risk measures known as the Greeks influence an option's price? During the live educational webinar on March 13th, two of these risk measures will be discussed. Join OIC® instructor Roma Colwell as she provides an overview of Delta and Gamma. Topics will include a review of the option Greeks and what they are, the definition of Delta and its role within options, and what Gamma is and its place as a pricing component [Discover how to protect your retirement savings before this developing situation impacts your money.]( --------------------------------------------------------------- Oracle’s impressive earnings also reminded investors of how much demand there is for NVDA products. In fact, Oracle just said it “signed a new cloud-computing infrastructure deal with Nvidia in its latest quarter and said it plans to boost capital spending in the next fiscal year, suggesting sustained demand for AI chips,” as noted by Barron’s. We can also look at Advanced Micro Devices (AMD), where a dip brought out buyers, too. Helping, AMD’s AMD AI story is “unfolding fast,” wrote Melius Research’s Ben Reitzes, as he delivered dramatic boosts to his price target and estimates for what he calls a “mini-Nvidia,” as noted by MarketWatch. Even smaller AI companies, like SoundHound AI (SOUN) are getting caught up in the boom. Up about 16% on a volume spike to 81 million shares, it could also race higher with AI giants. That being said, there’s still plenty of time to jump on the AI boom. --------------------------------------------------------------- [Petrodollar Death Sentence?](The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar. For one main reason... To get around the energy sanctions on Russian oil and gas. In answer to this issue, we have released a Special Report to the public. [petro dollar gold guide]( [Discover how to protect your retirement savings before this developing situation impacts your money.]( --------------------------------------------------------------- [Free trades! Delivered Right to Your Inbox]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades]( We're excited about the prospects of companies focused on AI. What tech companies are you eyeing right now? Hit "reply" to this email and let us know! "The Buck Stops Here" Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets](  [Unsubscribe]( Â

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