At Spike Invest, we believe that everyone should have the opportunity to invest wisely and grow their wealth, regardless of experience. We simplify the world of investing by focusing on Exchange Traded Funds (ETFs) and Index Funds—two of the most powerful tools for building a long-term, balanced portfolio.
By supporting industries aligned with your passions, values, and
vision, you contribute to positive change
while potentially reaping the rewards of growth in areas you're
truly passionate about.
Sharia-compliant ETFs are designed to meet the ethical and financial principles of Islamic law (Sharia), making them suitable for Muslim investors. These ETFs follow specific guidelines, such as avoiding investments in businesses related to alcohol, gambling, pork, and interest-based financial services. Instead, they focus on sectors and companies that align with Islamic principles.
When you’re just starting out as an investor, the world of stocks, bonds, and mutual funds can feel overwhelming. For many new investors, the idea of picking individual stocks or constantly monitoring the market seems daunting. This is where Exchange-Traded Funds (ETFs) come in—a simple, effective way to invest in a wide range of assets without the complexity.
When people think of making money in the stock market, they often imagine two things: quick, high returns and big risks. This thinking confuses two very different approaches to building wealth: investing and speculation. While both can be profitable, they carry distinct risks, goals, and strategies. Understanding these differences is key to making smart financial decisions, especially for people looking to grow their money steadily and securely over time.
The Surge in the AI Sector: Why NVIDIA is Leading the Charge In recent years, the technology sector has witnessed tremendous growth, with one particular area standing out as a game-changer: Artificial Intelligence (AI). AI, once a futuristic concept, is now a driving force behind innovations across industries. From self-driving cars and healthcare diagnostics to smart home devices and financial algorithms, AI is transforming how we live and work. The recent surge in AI development has sparked excitement among investors, and one company has emerged as a leader in this space: NVIDIA. In this article, we’ll explore why the AI sector is booming, NVIDIA’s critical role in this growth, and what it means for investors and the future of technology. Why AI is Experiencing a Boom AI’s rapid rise can be attributed to several factors converging at the right time: 1. Increased Computing Power: AI requires vast computational resources to process data, run algorithms, and learn from patterns. Advances in hardware, especially GPUs (Graphics Processing Units), have made it possible to handle the immense processing needs of AI systems. As these technologies evolve, they allow AI models to become more sophisticated and effective. 2. Big Data Availability: AI systems thrive on data. With the explosion of data from smartphones, social media, cloud computing, and the Internet of Things (IoT), there’s more information than ever for AI algorithms to analyze and learn from. This data drives improvements in everything from recommendation engines to predictive analytics. 3. Enterprise and Consumer Demand: Companies across all sectors are seeking ways to leverage AI to improve efficiency, enhance customer experiences, and innovate in their products. AI’s ability to automate processes, make sense of large datasets, and provide insights is creating demand in industries like healthcare, finance, manufacturing, and beyond. 4. Breakthroughs in Machine Learning: Advances in machine learning (ML) and deep learning—subfields of AI—are allowing machines to perform tasks that once seemed impossible, like understanding human speech, recognizing images, and even generating creative content. These breakthroughs are pushing the boundaries of what AI can achieve. Why NVIDIA is Leading the AI Revolution As AI grows, NVIDIA has positioned itself as a dominant force in this rapidly expanding sector. Originally known for its role in the gaming industry, NVIDIA’s Graphics Processing Units (GPUs) have become the backbone of AI computing. But why has NVIDIA emerged as such a key player? 1. GPUs are Essential for AI: While traditional processors (CPUs) handle general computing tasks, GPUs are designed for parallel processing—meaning they can handle multiple tasks simultaneously. This capability is critical for AI and machine learning, where vast amounts of data need to be processed at once. NVIDIA’s GPUs are considered the gold standard in AI research and development, powering everything from self-driving cars to natural language processing models. 2. NVIDIA’s CUDA Platform: Beyond hardware, NVIDIA’s CUDA (Compute Unified Device Architecture) platform has become a vital tool for developers and researchers working on AI and machine learning. CUDA enables software to leverage the full power of NVIDIA’s GPUs, making it easier for developers to build and scale AI applications. This integration of hardware and software has helped NVIDIA carve out a unique and dominant position in the AI ecosystem. 3. Data Center Expansion: While NVIDIA started in the gaming space, the company has rapidly expanded into data centers, which are critical for AI processing. NVIDIA’s A100 and H100 GPUs are now widely used in data centers around the world, powering AI applications for major tech companies and research institutions. These high-performance GPUs are designed to handle AI workloads with efficiency, making NVIDIA the go-to provider for AI infrastructure. 4. Partnerships and Acquisitions: NVIDIA has strategically invested in AI-related partnerships and acquisitions. Its acquisition of Mellanox Technologies (for data center connectivity) and Arm Holdings (for chip design) has expanded its influence in the AI hardware space. By creating an ecosystem that supports AI development from chip design to cloud infrastructure, NVIDIA has secured its place as a key player in the AI surge. What’s Driving NVIDIA’s Recent Surge? NVIDIA’s recent stock surge is directly tied to the explosion of interest in AI. Several key developments have contributed to this rise: - AI Adoption Across Industries: NVIDIA’s GPUs are essential for AI, and as companies in healthcare, finance, automotive, and other sectors integrate AI into their operations, NVIDIA’s hardware is in high demand. The company’s products power the AI systems used in self-driving cars, predictive analytics, and personalized recommendation engines, to name a few. - The AI Arms Race: With AI becoming a competitive advantage, businesses are investing heavily in AI infrastructure to stay ahead. Tech giants like Google, Amazon, and Microsoft are pouring billions into AI research and development, and they rely on NVIDIA’s GPUs to build their AI systems. This “AI arms race” is fueling growth in the demand for NVIDIA’s products. - ChatGPT and Generative AI: The emergence of Generative AI technologies, like OpenAI’s ChatGPT, has driven further interest in AI. These AI models require massive computational resources to operate, and NVIDIA’s GPUs are the industry standard for training and running these large-scale models. As AI continues to advance, NVIDIA’s role in powering these systems solidifies its dominance. - Strong Financial Performance: NVIDIA’s impressive earnings reports have validated its growth story. The company has posted record revenue, driven by AI-related demand, and continues to show strong financial results in key sectors like data centers and gaming. Investors see NVIDIA as a leader in AI, and its stock performance reflects this confidence. What Does the Future Hold for AI and NVIDIA? The surge in AI is not a short-lived trend. AI is expected to continue transforming industries, and NVIDIA’s position as a leader in the field means it will likely benefit from this growth for years to come. - Expanding AI Use Cases: AI will continue to find new applications in areas like healthcare, robotics, and autonomous vehicles. NVIDIA is well-positioned to provide the hardware and software solutions necessary for these innovations. - Growth in AI Cloud Services: As more companies shift to cloud-based AI solutions, NVIDIA’s products will be essential in powering these services. Partnerships with cloud providers like Amazon AWS, Google Cloud, and Microsoft Azure further solidify NVIDIA’s influence in this space. - Innovations in AI Hardware: As AI models become more advanced, the demand for cutting-edge hardware will grow. NVIDIA’s continued investment in R&D ensures it remains at the forefront of AI technology, driving innovation in GPUs and other AI infrastructure. Conclusion The surge in the AI sector is one of the most exciting developments in the technology world, and NVIDIA is at the center of this transformation. With its powerful GPUs, software platforms, and strategic investments, NVIDIA has become the go-to company for AI computing. As AI continues to reshape industries and drive innovation, NVIDIA is positioned to be a key player in the future of technology, making it a stock to watch for investors and a company leading the charge in AI’s next frontier.
One of the key advantages of Exchange-Traded Funds (ETFs) is their tax efficiency, which can help investors keep more of their returns. Here's why ETFs are more tax-efficient compared to other investment vehicles like mutual funds
ETFs offer a simple and cost-effective way to gain exposure to global markets, allowing you to invest in companies and economies worldwide with just a few trades. Here's how: Broad Global ETFs: ETFs like VT (Vanguard Total World Stock ETF) provide exposure to thousands of companies across both developed and emerging markets, giving you instant diversification without needing to pick individual stocks from multiple countries. Regional and Country-Specific ETFs: If you want more targeted exposure, there are ETFs that focus on specific regions or countries. For example, EFA (iShares MSCI EAFE ETF) focuses on developed markets outside North America, while FXI (iShares China Large-Cap ETF) gives access to leading Chinese companies. Emerging Market ETFs: For those looking to invest in fast-growing economies, ETFs like VWO (Vanguard FTSE Emerging Markets ETF) provide exposure to countries such as China, India, and Brazil, where rapid economic development offers significant growth potential.
With its more balanced trading relationship with the U.S., the U.K. is hoping it might escape the full brunt of Trump's import duties.
Europe's pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by President Donald Trump fade.
The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.
CNBC's Jim Cramer sees five issues with President Donald Trump's potential 20% blanket tariffs, including their effect on inflation and domestic manufacturing.
JPMorgan Chase and Citi are reportedly serving as lead underwriters, and the company is seeking a valuation between $4 billion and $5 billion, Fortune reported.
The long-term trends that should lift cybersecurity stocks remain intact despite a volatile market in 2025.
Hims & Hers is adding Zepbound, Mounjaro, and the generic injection liraglutide to its platform.
President Donald Trump's secondary tariffs are "unprecedented and legally questionable," according to the consulting firm Rapidan Energy.
President Donald Trump has announced tariffs for a variety of political and economic reasons. Here's how Americans can prepare for potential price swings.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Meta Vice President of AI Research Joelle Pineau will leave the social media company on May 30.
Citigroup said shares are a buy, while UBS reiterated its hold rating.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
We identified the stock a few weeks ago as one to buy.
A drop in consumer confidence and a decline in travel spending is weighing on travel stocks.
Ford's first quarter sales were off 1.3% compared to a year earlier, largely due to the discontinuation last year of its Ford Edge SUV in Canada.
Smarter by CNBC Make It's online course provides expert advice on how to network successfully, revamp your resume, and transition into your dream career.
Gretchin Rubin, happiness researcher and bestselling author of "The Happiness Project" shares her favorite life tips that take little time, energy or money.
"HHS cannot be led by an anti-vax, conspiracy theorist with inadequate training," said analysts at investment firm Cantor Fitzgerald.
The Washington Post report comes a day before April 2, when President Donald Trump is set to announce his larger plans for global trade
Columbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank.
RBI Governor Sanjay Malhotra aims to boost India's economy with proactive, growth-friendly policies and innovative strategies.
CNBC's Jim Cramer said he believes investor sentiment has gotten too negative and could improve if President Donald Trump clarifies his tariff policies.
LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.
Trump has pointed to America's trade deficits as he argues that virtually all trading partners are "taking advantage" of the U.S.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
The executive touted infrastructure investing as having "an opportunity so vast it's almost hard to grasp."
The firm upgraded shares to buy from hold.
Hollywood's blockbuster slate is heating up and AMC Entertainment is growing its quantity of premium screens to meet demand.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Nurse anesthetist Mike O'Dell started drawing quilt patterns on his kitchen floor in 2018. Now, his side hustle Legit Kits brings in over $1 million per year.
Shares of Moderna, Novavax and other biotech companies fell after FDA official Peter Marks's resignation in protest of Robert F. Kennedy Jr.
People with strong "emotional skills" are more successful at work, says Shake Shack founder Danny Meyer, who prioritizes six particular traits when hiring.
You may "assume it's the extroverts who are natural-born leaders" but introverts "are perfectly positioned to excel," says communication expert Lorraine K. Lee.
Shares of Tesla entered Monday down more than 34% year to date, and the stock has been cut nearly in half from its peak in December.
A lot of AI-related anxiety is misplaced, says Indeed CEO Chris Hyams: Largely, "you would not replace a person with a robot, but a piece of the work a person does."
Agreement covers use of Nokia video technologies in Amazon’s streaming services and devices, resolving all patent litigation globally
US backlash on climate issues impacts emerging markets' ability to raise funds for environmental projects, affecting green bond sales.
France fines Apple €150 million for antitrust violations related to data collection, impacting advertisers and violating GDPR rules.
I think the president wants to throw off everyone except the bears, who are probably laughing at their good fortune.
The Street will look to bounce back after a rough week and month for stocks.
The spike in Google searches for "how to manage stress" are "a population-level cry for help," says Dr. Neha Chaudhary. Here are some expert recommendations.
“The growing trade barriers and protectionist signals from Washington are a cause of great concern for our companies,” Volker Treier, the DIHK’s head of foreign trade.
The nations’ latest meeting is in line with the message China has been sending, that it is open for business — contrasting with the US’ more protectionist “America First” policies
If you're not someone who follows through on doctor's appointments or social obligations, this could hurt your chances of living a longer more joyful life.
Most people are wrong about what makes them happy, says Yale psychology professor and Harvard-trained happiness expert Laurie Santos. Here's what to do about it.
"They're making choices for the person they wish they were, not the person they actually are," says decision coach Nell Wulfhart. Here's what to do instead.
Oscar-winning actor Michael Caine, 91, recently published his latest book, an autobiography called "Don't Look Back, You'll Tip Over: My Guide to Life."
As Hollywood is grappling with the growing capabilities of artificial intelligence, Foley artists remain a key and deeply human part of the moviemaking process.
The U.S. has a severe shortage of air traffic controllers. There are currently 10,800 certified controllers but the country needs to have more than 14,000.
“The army will get 90 helicopters, while the remaining will go to the air force; the deliveries will start from 2028 and will be spread over the next five years”
Gold hits record high, S&P 500 tumbles 1.5% amid sharp drop in US consumer sentiment and surging inflation expectations
A proposed class-action lawsuit against Elon Musk and his family office Excession can proceed in federal court, a judge ruled Friday.
CoreWeave CEO Michael Intrator unpacked the cloud computing company's first day trading on the Nasdaq
The Federal Communications Commission is investigating the Walt Disney Company and its ABC unit over its diversity, equity and inclusion efforts.
The restaurant chain raised its guidance after months of bad weather.
"Top Trump administration officials put our troops in jeopardy by sharing military plans on a commercial messaging app," Clinton wrote.
You can't control tariffs, but you can control how much interest you pay on a car loan.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
CoreWeave received the most proceeds from a U.S. technology IPO since automation software maker UiPath went public in 2021.
Mounting fears about the potential impacts of an escalating trade war overshadowed data showing the US economy expanded at a quicker pace in the fourth quarter than previously estimated
CNBC's Jim Cramer think sthe market may not be as grim as some on Wall Street fear, pointing to gains attained by stocks in energy, healthcare and finance.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Peyton Manning's Omaha Productions has sold a stake to a new platform run by former Endeavor executive Patrick Whitesell and private equity giant Silver Lake.
Jefferies' profits dropped in the first quarter, weighed down by weakness in investment banking.
Robinhood is evolving from a simple-to-use brokerage for young investors to a provider of wealth management and broader banking services.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Critical Role operates a production studio, a publishing arm, a gaming division, a streaming service, a record label and a charity initiative.
Fears of a big tech generative AI bubble are growing, but among researchers, it's never been easier to build your own AI on the cheap and watch it learn.
The Mets raked in record revenue at Citi Field in 2024, according to unaudited financial statements viewed by CNBC.
President Donald Trump's nominee for chair of the SEC faces questions from the Banking, Housing and Urban Affairs Committee Thursday morning.
President Donald Trump's moves to curtail DEI policies create a particularly fraught environment for women in skilled trades, advocates say.
If the U.S. fines China-built container ships millions, one ocean carrier says it's likely to abandon the market and freight rates head back to Covid levels.
The Bangladesh Power Development Board confirmed that regular payments are being made to Adani, although specifics regarding past arrears were not disclosed
The Uday Kotak-backed division added 2,280 new families to its client base in private banking in the year ending March 2024
Tesla emerges as a winner in the automotive industry amid Trump's tariffs, thanks to its domestic manufacturing operations.
Paychex CEO John Gibson told CNBC's Jim Cramer on Wednesday why he doesn't think a recession is imminent.
CNBC's Jim Cramer on Wednesday opined on declines in the tech sector.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Long lives are still out for Nvidia, and Melius likes Cisco here.
The department is planning to furlough workers as part of Elen Musk's efforts to shrink the size of the federal government
Trump’s executive order on Monday will target any nation taking Venezuelan oil with “secondary” tariffs, with effect from April 2
India’s supplies adequate to meet domestic demand for more than two months before crushing for next year’s crop begins, says person familiar with the matter
LG’s India IPO: The IPO could take place as soon as May, according to sources.
Foreign-currency loans taken out by Indian borrowers have declined 30% on year to $3.2 billion so far this year, and are running at a four-year low, according to Bloomberg-compiled data. But that trend could soon reverse
The expansion of Waymo's network into new markets is a positive sign. But we remain downbeat on its parent company.
Egg prices are the highest they've been in 45 years, with no relief in sight.
Being financially comfortable means paying your bills, saving for the future and having fun, but it may be difficult to earn enough in many U.S. cities.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
The US economy will enter a recession in 2025, with Trump's tariffs leading top corporate CFOs to 'pessimism' and less spending, according to a CNBC survey.
State Bank of India secures $1 billion in largest dollar loan, boosting foreign-currency debt market amid declining trends.
Zepto won’t raise any additional capital in the process, but employees and some existing investors will be able to sell their shares for cash
With new tariffs expected to push car prices higher, buyers might want to act soon.
President Donald Trump has praised tariffs and announced an array of import duties on specific countries and products since taking office.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
There's an inherited IRA rule change for 2025 that could trigger a 25% tax penalty for certain heirs. Here's what investors need to know.
OpenAI said in a blog post on Monday that COO Brad Lightcap will now oversee "business and day-to-day operations."
Tesla shares on pace for their best day in 2025.
Here's what to do instead to help you stand out and land the role, says Jeremy Schifeling, founder of The Job Insiders and author of "Career Coach GPT."