• 4 days ago
The Nasdaq 100 soared 25% year-to-date in 2024, reflecting gains from AppLovin, MicroStrategy, Palantir, Nvidia, and Axon. Their performance was driven by AI, crypto, and public safety technology, and they show continued growth potential for 2025. AppLovin saw eightfold growth with its AI-driven ad tech. MicroStrategy benefited from favorable cryptocurrency trends by leveraging its massive Bitcoin holding. Nvidia remains essential in AI with its cutting-edge GPUs. Axon's AI tools for public safety and Palantir's expanding AI analytics highlight their role in booming sectors, as analysts predict further gains.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Nasdaq 100 soared 25% year-to-date in 2024,
00:06reflecting gains from AppLovin, MicroStrategy, Palantir, NVIDIA, and Axon.
00:11The performance was driven by AI, crypto, and public safety technology,
00:15and they show continued growth potential for 2025.
00:18AppLovin saw 8-fold growth with its AI-driven ad tech.
00:22MicroStrategy benefited from favorable cryptocurrency trends
00:25by leveraging its massive Bitcoin holding.
00:27NVIDIA remains essential in AI with its cutting-edge GPUs.
00:31Axon's AI tools for public safety and Palantir's expanding AI analytics
00:35highlight their role in booming sectors, as analysts predict further gains.
00:39For all things money, visit Benzinga.com slash GSTV.

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