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.
The vote came after hours of uncertainty over whether the massive package could secure enough Republican votes to move to a final Senate vote.
Incredible as that was, this week could have easily went another way.
Looking to buy a home? Real estate agent Dana Bull shares the simple formula that can help you cut through the noise find the right house for you.
“Marriage gives you privilege. Estate planning gives you power,” said one estate-planning lawyer. Here are some LGBTQ-focused tips.
This summer could bring the lowest gas prices in years, with the national average falling below $3 a gallon as early as September, says one expert.
Actor and comedian Steve Carell says that the key to a successful career, and a better world, is kindness. Here's why he says the trait is so important.
“The number of people used, whether it be a junior banker, analyst or a salesperson, you just don’t need to throw bodies at it anymore.”
“I would never even consider tipping less than 20% if it were a personal ride.”
Americans are having fewer babies. These large families share how they’re making it work in this economy: Up at 4:45 a.m., driving a 12-passenger van, and no big vacations.
Whether the record-setting stock rally is built to last may come down to one of the market’s most longstanding questions: How broad is the rally?
PricewaterhouseCoopers LLP is planning layoffs in the UK and lower salary increases amid a broader market slowdown, the Financial Times reports
He did not provide further details on how an agreement might unfold or say to whom he spoke about a possible halt in the war that began with the Hamas assault on Israel on Oct. 7, 2023.
Wall Street traders drive stocks to all-time highs amid tariff headlines, cooling West Asia risks, and US economic resilience.
CNBC's Jim Cramer on Friday guided investors through next week's market action.
CNBC's Jim Cramer told investors he's still pulling for Apple, even as its stock lags behind the averages.
Major equity indexes including the S&P 500 tallied their first record closing highs in months on Friday — but something happened on the way to the closing bell that left a bad taste in some traders’ mouths.
The U.S.’s largest banks remained “resilient” after absorbing $550 billion in losses in a simulated economic shock.
Guess who’s paying for the costs of hospitals and nursing homes in red states?
After years of middling success on the big screen, Apple has bet big on the racecar movie starring Brad Pitt with a budget of nearly $250 million.
The cryptocurrency-trading platform is expected to put up big numbers through 2027 at least.
The proposed regulatory text from the Education Department would ban certain employers from being eligible for Public Service Loan Forgiveness.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Nvidia and Microsoft were soaring as tech analysts keep releasing optimistic calls on the sector.
As President Donald Trump struggles to unite Republican lawmakers around his megabill, a range of provisions continues to divide the GOP — including one focused on artificial intelligence.
Some New York investors and business leaders are dismayed that democratic socialist Zohram Mamdani will become the next mayor of New York City.
Friday’s rally in U.S. stocks, which sent the S&P 500 to an intraday record high, was getting help from solidifying expectations of traders around the likelihood of at least three quarter-point rate cuts from the Federal Reserve by year-end.
Countries like Denmark and China show that innovation and investment are essential to meet the needs of people who are living and working longer.
The U.S. beer industry faces a retreat from health-conscious consumers and competition from alternative beverages.
Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence that upside is ahead.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Also: An interview with Robinhood CEO Vlad Tenev, a soaring stock you might best avoid and how an annuity can help stabilize your retirement.
Across U.S. distribution networks, inside retail and manufacturing warehouses, there's a widespread move to adjust prices higher due to tariffs.
“My wife of 20 years is a Japanese national and lives in the U.S. as a permanent resident.”
Before Zohran Mamdani ever ran for mayor of New York, he lost his high school vice-president election at The Bronx High School of Science.
“So much of my head has been filled with thoughts of needing to be the best, the brightest, the wealthiest.”
“I started collecting my own Social Security benefits at age 70.”
Backed by an army of retail traders, Vlad Tenev is shaking up the financial order.
Nike Inc. has endured a tough few years marked by weaker demand and its own struggles to adapt to shifting trends. While the athletic-gear and sneaker maker’s fourth-quarter results Thursday were hardly spectacular, analysts say that Nike is finally on a path to recovery.
Claude AI is a generative AI tool that hustlers like Jen Glantz use to create social media strategies.
The stock has bested the S&P 500 this year after a long period of being a drag on our portfolio.
Experts say the addition of cryptocurrency or private equity to 401(k) rosters could put investors in risky territory.
Consumer spending falls in May for first time in four months
The S&P 500 is eyeing a record high, and Nike might have reached the bottom.
The latest PCE report probably cements the status quo. Investors expect the Fed to wait until September to cut interest rates for the first time this year.
President Donald Trump said Thursday that a deal had been signed “yesterday” with China, but offered no details.
Risks for stocks seem to be fading as markets focus on rate cuts and tax cuts.
For many prevalent midscale hotel chains, minibars are becoming a relic.
Sector correlations are way above average as traders await clarification on a number of issues
Troubled plane maker Boeing was given an upgrade by an analyst who said a turnaround effort will get the market to reassess the stock.
Foreign banks including Barclays Plc, Mitsubishi UFJ Financial Group Inc and Standard Chartered Bank Plc will arrange the debt, which is expected to be denominated in rupee, sources said
India's record rice surplus poses storage challenges, influencing global market prices and welfare programmes, with potential for further impact.
RBI withdraws $10 billion to lift overnight borrowing costs, aiming to align rates with policy rate.
While some Iranian officials including the president have indicated a readiness for talks, they face resistance from others who are especially opposed to engagement in the wake of the conflict.
HDB Financial Services Ltd’s $1.5 billion initial public offering, one of India’s biggest this year, sold out amid demand from wealthy investors seeking to buy a piece of the shadow-lending unit of the country’s top private bank.
Nexus Select Trust, Mindspace Business Parks REIT, Embassy Office Parks REIT and Brookfield India Real Estate Trust return as much as 27% over last year
Those leaving the committee include high-profile veterans such as ex-CEO Daniel Zhang, co-founder Lucy Peng and former CFO Maggie Wu, part of an old guard who helped build Alibaba
Data from Flipkart shows about 200 million users engaged with videos on the platform while shopping in the first half of 2025, up from 75 million a year ago
A SpaceX crane collapse at the company's Starbase, Texas facility has prompted an investigation by OSHA, the federal agency told CNBC.
McCormick CEO Brendan Foley told CNBC's Jim Cramer on Thursday that the spice maker is looking at how new tariffs will impact sourcing for its products.
CNBC's Jim Cramer reviewed Thursday's top S&P 500 performers to demonstrate that a broad group of stocks are seeing gains.
The S&P 500 index briefly surpassed its all-time record high on Thursday — the latest development in what has been a remarkable comeback from the precipice of a bear market.
Nike Inc. on Thursday reported fourth-quarter results that weren’t as bad as Wall Street expected, but the financials weren’t doing much for the sneaker maker’s stock in after-hours trade.
The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?
A new survey finds that only 17% of people are willing to pay to read news online, with most either looking elsewhere for the news for free or just not reading it at all.
Baird’s Ben Kallo said he needs to see how QuantumScape plans to make money on its breakthrough EV battery-making technology before he gets bullish on the stock.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Stablecoins are testing the foundation of the financial system. The problem? How to regulate them.
Omead Afshar, Tesla's head of manufacturing and operations, has been fired from the company by CEO Elon Musk after declining car sales.
Both the House and the Senate want to raise the maximum child tax credit, but limits on who can claim it mean millions of children still won't benefit.
Dave Grossman carries a “Costanza wallet,” and he says he’s reaped rewards aplenty as a result.
Nvidia’s stock closed at a new all-time high on Wednesday, while Micron delivered an earnings beat on AI-driven demand for its memory chips
Wendy Kopp, CEO and founder of Teach For All and Teach for America, on what needs to change in the U.S. education system.
United has a major hub at Newark Liberty International Airport, and Wall Street wonders just how much the late-spring communications problems and runway closure at the airport will weigh on the airline’s profits.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
"Palantir's tech programs are being used to deport our neighbors, kill civilians in Gaza ... and deny health insurance claims," a group said.
Higher inflation from tariffs is still expected to flow through the U.S. economy, but Wall Street investors aren’t expecting the price increases to show up this week.
The rapid advancement of AI is redefining job roles and making adaptability more critical than ever. Robert E. Siegel, a lecturer at Stanford Graduate School of Business and the author of "The Systems Leader," spent 23 years studying how professionals can navigate disruptive changes. Here's his best advice.
U.S. stock-market benchmark is making its way to a new record slowly — but it will get there.
Mortgage rates fell to a seven-week low this week, giving home buyers some reprieve from high borrowing costs, even as affordability remains strained.
Jefferson Capital buys consumers’ troubled loans at a discount, then works with the consumers to have them paid back “based on their current financial circumstances.”
A potential “attempt to influence the Fed so directly” by announcing a successor to Jerome Powell well before his term expires “does not set well with investors,” notes one analyst.
The Senate parliamentarian said Thursday that several major planned cuts to Medicaid violate the chamber’s own rules and must be reworked or abandoned.
“My friend’s son and his fiancée found a house with an assumable mortgage at 2.5%.”
The Amazon founder’s wedding may be ludicrously over the top by many people’s estimation, but it pales in comparison with the habits of Americans in love.
One of the biggest “savings” will come at the expense of 1.3 million Medicare beneficiaries.
Teen employment in the U.S. has been declining for decades. Today, many working teens today come from higher-income families that encourage them to seek learning opportunities outside of the classroom.
The share of managers who are Gen Z, who are as old as 28, hit 10% for the first time in April, according to new Glassdoor data.
Orders for long-lasting goods skyrocketed 16% in May to mark the biggest increase in 11 years, but the headline number was exaggerated by a flush of new Boeing contracts that masked ongoing weakness in business investment.
Wells Fargo & Co., Goldman Sachs Group Inc. and Bank of New York Mellon Corp. top the list of 20 banks expected to boost their dividends in the coming quarter as capital deployments by the largest U.S. banks come into focus in the days ahead.
Chinese semiconductor demand may surprise analyst expectations to the dowenside in 2026
Tesla’s transition from carmaker to high-tech robotics company is the reason a Benchmark analyst boosted his stock-price target to the second-highest on Wall Street.
Big Tech is expected to see double the earnings growth of the S&P 500, as long as the group can maintain momentum in a key area.
Investment firms of the ultra-rich are changing their portfolios for greater liquidity and less risk.
Wall Street was heading for a higher open after the S&P 500 dipped slightly yesterday but remained near record highs.
Job candidates who display curiosity, collaboration skills and ambitious thinking are more likely to get hired, according to these three CEOs.
The drugstore industry is facing competition from the likes of Amazon.com Inc., as well as pressure on pharmacy-reimbursement rates for prescription drugs.
Disney and Pixar's "Elio" had a record low opening for the studio, but its performance is emblematic of a much wider trend in Hollywood: a reliance on sequels.
The number of people who applied for unemployment benefits last week fell to a six-week low, underscoring the reluctance of businesses to lay off workers even amid the tumult of ongoing trade wars.
The Senate and House are fighting over Trump's 'One Big Beautiful Bill' and deficit costs, but chief financial officers tell CNBC the tax cuts will become law.