These Tech Giants Are Warring to Become the King of AI

[Trading With Larry Benedict]( These Tech Giants Are Warring to Become the King of AI By the Opportunistic Trader Editorial Team Earlier this week, Apple (AAPL) briefly became the world’s most valuable company… The tech giant held its annual Worldwide Developers Conference on Monday. And it made waves when it announced new artificial intelligence (AI) features for its iPhones. AAPL shares rallied nearly 15% on the news. That sent Apple’s market valuation soaring above $3.3 trillion. But Apple’s dominance was short-lived… Microsoft (MSFT), the former leader, quickly regained its top ranking. After all, Microsoft has a partnership with OpenAI, the creator of the popular ChatGPT chatbot. That gives it an edge. And these aren’t the only two companies vying for first place… Nvidia (NVDA) is one of the hottest stocks right now. It’s up 168% since the start of the year. With all of this competition, AI promises to stay the hottest new tech… and a big source of value for the companies developing it. Yet if you’re planning to sink money into the rally, stay a little cautious. While the AI upswing may continue for some time, these kinds of moves can get overstretched. And it can be painful when they inevitably come down to earth. In the meantime, be sure to catch up on this week’s content by checking out the links below… Recommended Link [Biden v. Who in 2024????]( [image]( I predict that the REAL battle for the 2024 election is NOT between Joe Biden and Donald Trump. It will be between Joe Biden and ____ _____. (It’s NOT RFK Jr.) [Click here to see who.]( -- --------------------------------------------------------------- [thumbnail]( [A Red Flag for This Bull Market]( A growing share of stocks are struggling to hold onto one critical level. It’s a similar condition that’s developed before some of the biggest sell-offs in recent years. --------------------------------------------------------------- [thumbnail]( [The No. 1 Secret to Making Money in the Markets]( Understand this and apply it to your trading. It will surprise you how quickly your profits grow. --------------------------------------------------------------- [thumbnail]( [This Simple Technique Pulled a 67% Profit in Less Than a Week]( I like to watch how one index tracks in relation to others. That helped me find the right setup for this winning trade… --------------------------------------------------------------- [thumbnail]( [This Big-Name Tech Stock Is Getting New Wings]( Many stocks have seen breakouts lately. The path of least resistance is higher… --------------------------------------------------------------- [thumbnail]( [The Problem With Celebrity CEOs]( Nvidia CEO Jensen Huang is a rock star. And this sort of CEO notoriety often occurs near a peak in the share price. --------------------------------------------------------------- [The Opportunistic Trader]( The Opportunistic Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.opportunistictrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. The Opportunistic Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-208-6550, Mon–Fri, 9am–5pm ET, or email us [here](mailto:feedback@opportunistictrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](