Holiday cheer came to Nvidia as the stock hovered near a key level Thursday. Shares of the artificial intelligence chip leader broke out at a buy point of 140.76 in October and reached an all-time high of 152.

NVIDIA is set to surpass Tesla as the most purchased stock by individual investors, with $30 billion in purchases this year.

Nvidia has become the most-bought stock by retail investors in 2024, with nearly $30 billion in net inflows from everyday traders. The AI chipmaker rivaled Tesla in retail investor interest, fueled by its dominance in artificial intelligence and a meteoric stock price increase of over 180% this year.

The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like.

Tesla could be a powerful AI company in the future. However, the companies already leading in AI might be better buys instead.

Tech stocks lift Nasdaq 0.6% while Dow Jones drops 100 points. MicroStrategy falls 5% on Bitcoin volatility. Will the Santa Claus rally drive markets higher?

Tesla shares edge higher and Super Micro Computer dips after both stocks posted sharp gains on Tuesday, while MicroStrategy follows Bitcoin’s price lower.

Fundstrat's Tom Lee says that Nvidia could grow tenfold over the next decade, potentially reaching $1 trillion in revenue.

That has made it the most-bought equity by retail traders on net in 2024, as of Dec. 17. "Nvidia turned out to be the one stock that kind of stole the show from Tesla because of impressive price gains," said Marco Iachini, senior vice president at Vanda.

Investors considered the path of interest rates next year after the Fed hinted they would stay higher for longer.

One company that should be at the top, or at least near the top, of any investor list of most-watched stocks has to be Tesla (NASDAQ:TSLA). The U.S. EV maker continues to be one of the most volatile mega-cap names in the market,

With Nvidia so dominant, once the stock started to reverse, the entire stock market would go down with it—or so the bears thought. Instead, the opposite has been the case. Since peaking in early November,