AI boom rewards ‘pick & shovel’ investors
The success of Weebit Nano and these other tech stocks shows how a ‘pick and shovel’ investment strategy can grow profits and prune risk. Other companies belonging to that coveted trillion dollar club include Apple ($US2.9 trillion), Microsoft ($US2.5 trillion), Alphabet ($US1.6 trillion), and Amazon ($1.3 trillion). Nvidia’s shares surged as tech companies scrambled to … [Read more…]