The Nasdaq Composite has been on fire over the past couple of years, driven higher by the advent of artificial intelligence (AI), improving economic conditions, an uncontested election, and the Federal Reserve Bank’s recent moves to cut interest rates. After returning 43% in 2023, the tech-centric index is up roughly 30% in 2024. History suggests the rally will likely continue into 2025.
The current bull market began on Oct. 12, 2022, and while every rally is different, history can provide important context. Bull markets last more than five years, on average. Since the current rally just entered its third year, there’s a strong likelihood the Nasdaq will continue to gain ground next year. It’s also worth noting that the Nasdaq has generated gains 73% of the time, dating back 53 years, so history is on the side of investors. Finally, the Nasdaq has jumped 12%, on average, in years following positive gains, which suggests there’s additional upside ahead.
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Furthermore, there’s been a resurgence in the popularity of stock splits over the past few years. As a result, investors are taking a renewed interest in companies that split their shares, as this is historically preceded by years of robust sales and profit growth. One such company is Nvidia (NASDAQ: NVDA). The stock has gained 26,920% over the past decade (as of this writing), prompting management to initiate a 10-for-1 stock split earlier this year — after a 4-for-1 split in 2021.
Despite its recent run-up, there’s reason to believe that Nvidia’s growth spurt will continue into 2025. Read on to find out why.
The adoption of generative AI has spread like wildfire over the past two years as businesses are eager to share in the productivity increases promised by these advanced algorithms. Generative AI has proven adept at drafting and summarizing emails, searching and abbreviating content, mining data, generating original content, and writing computer code — and new applications are being discovered every day. Automating and streamlining tasks saves users time and money, driving new users to adopt AI.
Nvidia pioneered the graphics processing units (GPUs) that make this all possible. These specialized chips provide the sheer number-crunching capability that brought AI to life. The secret lies in parallel processing or breaking up computer-intensive jobs into smaller, more manageable bits. Nvidia first developed these chips to render lifelike images in video games but soon discovered other applications for this breakthrough technology, including data centers, high-performance computing (HPC), and machine learning — an earlier branch of AI.
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Jim’s, Mission diner, will keep cooking under nonprofit ownership
Fear not, we won’t be missing the beloved green salsa at Jim’s Restaurant for some time — breakfast is here to stay. Mission Local has learned that the Mission Language and Vocational School will take over neighborhood mainstay Jim’s, which invited customers in today for its last day in business under current ownership. This afternoon, a line was seen reaching the corner of the building at 20th and Mission streets, and the diner had to take a waitlist for people to get in. Mission Language and Vocational School, a nonprofit that offers workforce development and small business supportive services, will staff the restaurant with graduates from its catering program and culinary school. The nonprofit will keep on Beto, the longtime cook. The owners, husband and wife Kim Ok Un and Kim Jung Nyun, are retiring. MLVS is expected to take over the restaurant […]
Lara Trump withdraws from consideration to replace Rubio in US Senate
By Jasper Ward(Reuters) -Lara Trump, daughter-in-law of President-elect Donald Trump, said on Saturday she has removed her name from consideration to replace outgoing U.S. Senator Marco Rubio.Rubio was picked by Trump to serve as secretary of state. Florida Governor Ron DeSantis will pick a replacement for Rubio, who is expected to resign as senator when Trump takes office on Jan. 20.There was speculation that Lara Trump, who served as co-chair of the Republican National Committee in the lead-up to the 2024 election, would succeed Rubio in the Senate.Trusted news and daily delights, right in your inboxSee for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories.However, in a post on X, Trump said she had decided to remove herself from consideration "after an incredible amount of thought, contemplation, and encouragement from so many.""I could […]
Hawk on the house
Hawk on the house Source: missionlocal.org
Burglars ransack Southern California homes while posing as deliverymen
Residents are frightened and angry as a group of suspects continue ransacking San Fernando Valley homes, leaving a trail of destruction behind.A Valley Village resident said she was stunned and shaken up after thieves targeted her home on Dec. 17 between 5 p.m. to 6 p.m.The break-in was captured on home surveillance cameras as a male suspect approached the house and appeared to be disguised as a delivery man.“Ten minutes after we left [our home], someone was knocking at the door and our dog was barking away,” she said. “Then within a minute, someone had broken into the back of the house, smashed the glass door, came in and locked the dog in a room and just trashed the house. They took all of my jewelry.”Photos of the aftermath showed drawers in every room were removed and emptied and all […]
Jim’s owners retiring, leaving future of Mission diner unclear
The mom-and-pop owners of Jim’s Restaurant on Mission Street, a community staple for over three decades, will have their last day of work this Saturday, according to the restaurant.Jim’s Restaurant announced that its owners will be retiring after Saturday. It’s unclear, however, whether Jim’s will continue operating under new management. What is clear is it will no longer be the same without Ms. and Mr. Kim. The current owners, Kim Ok Un and Kim Jung Nyun, declined to comment about their retirement or whether Jim’s would continue operating. An Instagram commenter says, “So so sooo happy for you guys!! So well deserved but Jim’s will never be the same without you”.Another says, “Legendary spot just up the street from KPOO. Thanks y’all for the decades of service to the community.”On Friday around noon, the restaurant at 2420 Mission St. between 20th and […]
Police bust man at Gwinnett McDonald’s they say tried to sell home he didn’t own
Gwinnett County police arrested a man at a local McDonald’s who they say attempted to sell a property he did not own by stealing the identity of its rightful owner.Police say 55-year-old Armond Long, of Lilburn, posed as the property owner and listed the land for sale on Zillow.The scheme unraveled when the actual owner discovered the listing while the sale was pending and contacted authorities.Records show the land was pending for $130,000 before law enforcement got involved.“He didn’t have any intention of selling that property, so he contacted local authorities,” said Cpl. Juan Madiedo.TRENDING STORIES: Authorities in Lake Havasu City, Arizona worked with Gwinnett County police to set up a sting operation.Long agreed to meet at a McDonald’s near the Mall of Georgia to sign final closing documents. An undercover Gwinnett officer, posing as a courier, handed Long documents […]
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Lara Trump withdraws from consideration to replace Rubio in US Senate
By Jasper Ward(Reuters) -Lara Trump, daughter-in-law of President-elect Donald Trump, said on Saturday she has removed her name from consideration to replace outgoing U.S. Senator Marco Rubio.Rubio was picked by Trump to serve as secretary of state. Florida Governor Ron DeSantis will pick a replacement for Rubio, who is expected to resign as senator when Trump takes office on Jan. 20.There was speculation that Lara Trump, who served as co-chair of the Republican National Committee in the lead-up to the 2024 election, would succeed Rubio in the Senate.Trusted news and daily delights, right in your inboxSee for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories.However, in a post on X, Trump said she had decided to remove herself from consideration "after an incredible amount of thought, contemplation, and encouragement from so many.""I could […]
Burglars ransack Southern California homes while posing as deliverymen
Residents are frightened and angry as a group of suspects continue ransacking San Fernando Valley homes, leaving a trail of destruction behind.A Valley Village resident said she was stunned and shaken up after thieves targeted her home on Dec. 17 between 5 p.m. to 6 p.m.The break-in was captured on home surveillance cameras as a male suspect approached the house and appeared to be disguised as a delivery man.“Ten minutes after we left [our home], someone was knocking at the door and our dog was barking away,” she said. “Then within a minute, someone had broken into the back of the house, smashed the glass door, came in and locked the dog in a room and just trashed the house. They took all of my jewelry.”Photos of the aftermath showed drawers in every room were removed and emptied and all […]
Police bust man at Gwinnett McDonald’s they say tried to sell home he didn’t own
Gwinnett County police arrested a man at a local McDonald’s who they say attempted to sell a property he did not own by stealing the identity of its rightful owner.Police say 55-year-old Armond Long, of Lilburn, posed as the property owner and listed the land for sale on Zillow.The scheme unraveled when the actual owner discovered the listing while the sale was pending and contacted authorities.Records show the land was pending for $130,000 before law enforcement got involved.“He didn’t have any intention of selling that property, so he contacted local authorities,” said Cpl. Juan Madiedo.TRENDING STORIES: Authorities in Lake Havasu City, Arizona worked with Gwinnett County police to set up a sting operation.Long agreed to meet at a McDonald’s near the Mall of Georgia to sign final closing documents. An undercover Gwinnett officer, posing as a courier, handed Long documents […]
Mother of Olentangy High student that inspired sextortion bill hopes it saves lives
Editor's note: This story discusses suicide and sexual abuse. If you or someone you know is struggling, you can call or text 988.Jennifer Markus spent much of Wednesday watching The Ohio Channel as a bill to make "sextortion" a felony wound its way among lawmakers.She's a pediatric care nurse at Nationwide Children's Hospital where her colleagues have offered comfort after her son Braden Markus took his life three years ago when someone posing as a high school girl on social media asked him for intimate photos and then demanded $1,800 so they wouldn't be published.He initially refused. But within 30 minutes, the boy who loved sports and fireworks and Japanese food, who was about to get his driver's license, was gone."It's bittersweet," Mrs. Markus told The Dispatch Thursday. "Holy crap. my friends and a lot of people just got this […]
Family Mourns 6-Year-Old Who Died After Escaping Home, Running Across Interstate
A family in San Jose, California, is mourning their 6-year-old son King Holguin, a nonverbal and autistic child who was fatally struck by a car Friday, Dec. 13, on Interstate 280, per ABC 7 News.King was two weeks shy of his seventh birthday when he died.“I just want to hold him,” the boy’s father, who was not identified, told the outlet Monday. “I want him back, but I know he is in a better place. He was always outgoing, loving and the house is quiet without him. But I know everyone misses him and I miss him.”A news release from the California Highway Patrol obtained Wednesday by People confirmed a pedestrian “ran into the number three lane” of the northbound interstate that night and was struck by a 2024 Nissan Altima driven by a 36-year-old San Jose local.The pedestrian was […]
4 Things Retirees Should Stop Buying To Build Their Retirement Savings
monkeybusinessimages / iStock.com Maintaining financial stability during retirement is challenging for many retirees, because their income is fixed, whether it comes from Social Security, investments or pensions. Read More: 3 Things Retirees Should Sell To Build Their retirement Savings Be Aware: 10 Little Luxuries To Stay Away From in Retirement “Balancing enjoyment and security in retirement is about clarity and intention,” said Melissa Pavone, founder of Mindful Financial Partners. “By understanding your numbers, building a detailed cash flow plan, and revisiting it regularly with a trust advisor, you can embrace the retirement you’ve envisioned.” However, many retirees unknowingly spend money on items that drain their savings, making it harder to meet unexpected needs and stretch their money over time. Here are four things retirees should stop buying to build their retirement savings. According to Deloitte’s annual Digital Media Trends report, […]
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