From Nasdaq:

The stock market in 2024 is off to a strong start, with the S&P 500 hitting multiple new all-time highs. No one can predict market fluctuations, but great businesses have a habit of rising higher after bearish periods. While cryptocurrency may be popular, investing in high-risk assets is not necessary for building significant returns.

Alphabet reported revenue of $307 billion in 2023, a 9% increase from the previous year. The tech giant continues to dominate the search engine market, with most of its revenue coming from advertising through Google Search. Subscriptions are also becoming a larger part of Alphabet’s financial picture, generating $15 billion in annual revenue.

Apple’s iPhone business remains strong, with consumers spending $70 billion on iPhones in the first quarter of fiscal 2024. Services revenue, which includes subscriptions like Apple Music and Apple TV+, hit a new all-time record of $23 billion in the same period. Despite changes in consumer spending, Apple continues to drive meaningful growth and deliver returns to shareholders.

Upstart has faced challenges due to declining lending volume in a turbulent economic environment. While the stock is down double-digits in 2024, it is still trading about 50% higher than one year ago. Upstart’s model factors in about 1,500 variables to assess consumer creditworthiness, and the company has retained a competitive advantage despite overall declines in loan volume. The future looks promising for its growth in various lending areas, including auto lending and the mortgage market.



Read more: 3 Tech Stocks With More Potential Than Any Cryptocurrency