CNBC December 25, 2024
Key Points
– Artificial intelligence was the story of the tech market in 2024 and was the catalyst behind some of the biggest individual gains.
– Crypto was the other big driver, particularly after Donald Trump’s election victory in November.
– While AppLovin had the biggest percentage gain, Nvidia added by far the most market cap, increasing in value by $2.2 trillion.
Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it will change their lives. But there’s no question about whether businesses are finding value in it.
Some of the biggest winners in this year’s stock market rally that’s seen the Nasdaq jump 33% and other U.S. indexes notch double-digit gains have direct ties...
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