TSLA
Tesla
-- 248.710 NVDA
NVIDIA
-- 117.700 MU
Micron Technology
-- 94.720 NKE
Nike
-- 67.940 BA
Boeing
-- 178.110 【2024 Review】Popular AI stocks experience a change! Software and utilities outperform semiconductors.
In 2024, $S&P 500 Index (.SPX.US)$They started at less than 4800 points and recorded an increase of over 28% to exceed 6000 points. $Dow Jones Industrial Average (.DJI.US)$And $Nasdaq Composite Index (.IXIC.US)$Each achieving an 18% and 33% increase, the three major US indices all set new historical highs.
Overall, inflation in the United States in 2024 continued to show a downward trend. Although the Consumer Price Index (CPI) announced in October recorded a slight increase, inflation since the beginning of the year has consistently been on a downward trend.
On the other hand, the US Dollar Index showed an upward trend. The USD/JPY exchange rate exhibited significant fluctuations in 2024, surpassing 161 yen at its peak and dropping below 140 yen at its lowest. The re-election of Donald Trump as President of the United States introduced new uncertainties regarding America's inflation and monetary policy outlook.
As a result of this impact, when viewed in yen terms, the three major US stock market indices also achieved even higher annual growth rates. The S&P 500, Nasdaq, and Dow Jones indices each recorded increases of 36%, 42%, and 26% respectively in yen terms.
In 2024, all 11 major sectors of US stocks showed an upward trend, with the Information Technology sector recording a significant increase of 65%, leading the pack. The Utilities sector followed suit.
In 2024, US tech stocks continued to gain momentum, with the AI boom expanding from semiconductor stocks to software stocks. Applovin recorded a cumulative increase of over 700%, significantly outperforming NVIDIA.
Leading US AI advertising marketing companies, $Applovin (APP.US)$saw a 46% surge in stock price on the third quarter earnings report day in 2024, with a year-to-date stock price increase of 700%. According to the company's financial statements, sales of the software platform including the AppDiscovery ad engine powered by AI recommendation engine AXON reached $800,350,000, showing a 66% increase from the previous year.
The rise of AppLovin is not exceptional, $Shopify (SHOP.US)$ 、 $Duolingo (DUOL.US)$ 、 $Palantir (PLTR.US)$ 、 $Salesforce (CRM.US)$Other related stocks, including others, have achieved remarkable growth since the beginning of the year. The logic of AI software has been effectively reflected in AI-driven performance.
$Applovin (APP.US)$The commercialization of AI advertising has been confirmed by the demonstration of strong performance led by Koss Corp. From the logic of industrial development, hardware companies are accelerating the implementation of AI models and applications, and the widespread adoption of these applications is expected to bring about new demand for hardware in return. With the introduction of B card, optimization of inferences, and model optimization, inference costs are expected to be significantly reduced, making it gradually possible to realize the widespread adoption of various forms of AI applications.
In 2024, American utility stocks emerged as winners of the AI boom, with nuclear-related stocks such as Vistra Energy, Talen Energy, and Constellation Energy maintaining strong performance, with growth rates reaching up to 270% at most.
ーmoomooニュースZeber
Source: MOOMOO, Bloomberg, Wind
This article utilizes auto-translation in some parts.
Source: MOOMOO, Bloomberg, Wind
This article utilizes auto-translation in some parts.
*As of December 10, 2024. (According to our research)
*The content posted is as of the time of creation and does not guarantee the current numbers. Also, it does not solicit or recommend specific products or brands.
*The content posted is as of the time of creation and does not guarantee the current numbers. Also, it does not solicit or recommend specific products or brands.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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