Market euphoria in everything artificial intelligence is still going strong, now’s to time to weigh your options.

To get an idea of just how much the markets are now putting stock into the future of Artificial Intelligence, take a look at how they’re reacting to any AI-related news. In early February, stocks of Alphabet slid 9% (or a loss of $100 billion) at one point after its conversational AI Bard produced a factual error in its maiden public demo.

AI, or Artificial Intelligence, is the biggest buzz in the markets right now and for good reason. From being used in self-driving cars to law databases and even the military, AI presents mind-boggling potential.

Not long after their launch, publicly-accessible AI programmes like chatbot ChatGPT (Chat Generative Pre-trained Transformer) or image-generating ones like DALL-E or Midjourney have already caused great interest and uproar, with camps on both sides rapidly forming and debating over ethics and creative potential of these tools.

Why Invest in AI?

Unlike other tech-based trends in recent times like the Metaverse or Blockchain technology, AI seems to show the most promise for real-world applications. In fact, it might not even be appropriate to call AI a trend. It’s been used by Ukraine to (successfully) target Russian forces in the ongoing Russian invasion and in Tesla’s self-driving software. Companies like Netflix use it in its recommendation algorithm, while others like China’s Meitu uses it to retouch and enhance photos.

The craze has already started, with a wave that has seen AI-linked stocks surging. BigBear.ai, an AI-focused software company, saw its trading volume soar 21 times virtually overnight at one point; while media outlet Buzzfeed saw its shares surge 92% after it announced plans to use AI programs to create content.

Based on a recent report from Goldman Sachs Research, it’s projected that global spending on artificial intelligence (AI) will approach $200 billion by 2025.

This growth is significant due to the small starting point, indicating substantial expansion in the AI industry. Economists Joseph Briggs and Devesh Kodnani from Goldman Sachs also foresee that investments related to AI could account for 2.5 to 4% of the U.S. GDP and 1.5 to 2.5% for other leading AI nations in the coming years, assuming their research predictions hold true.

Briggs and Kodnani’s report emphasizes the considerable economic potential of generative AI, which could boost worldwide labor productivity by over 1% each year after being widely integrated. However, to achieve transformative effects, businesses across the globe would need to make significant investments in physical, digital, and human resources. This involves adopting new technologies and overhauling business processes, with a potential global investment nearing $200 billion by 2025 to precede substantial increases in productivity.

The United States is positioned to be at the forefront of this AI revolution, potentially being among the early adopters of AI. On the other hand, countries like China and other major players in the AI field might experience a more gradual and delayed impact from these investments.

AI Stocks to Watch

Microsoft Corp: MSFT

Although OpenAI, the organization behind ChatGPT, might not have shares available for public trading, its primary investor, Microsoft, does. Microsoft, a prominent technology company, has invested $10 billion into OpenAI, valuing the organization at $29 billion. This substantial investment comes in addition to the $1 billion contributed in 2019 and an additional $2 billion in 2021. These investments have reportedly granted Microsoft a 75% ownership stake in OpenAI. Additionally, AI appears poised to become a foundational element of the company, as indicated by CEO Satya Nadella’s assertion that the AI wave will be relentless and will steer the upcoming phase of computing. Consequently, aside from ChatGPT, Microsoft’s resources and expertise will be significantly directed towards AI initiatives. 

NVIDIA Corp: NVDA

The statistics indicate that the overall size of the artificial intelligence industry’s demand in 2022 is approximately $387.45 billion. It is projected to experience rapid expansion at a compounded annual growth rate of 20%. By the year 2029, this demand is anticipated to surge to $1.39 trillion. Nvidia foresees the data center business playing a significant role in driving this growth. The demand for data center GPUs from cloud service providers and supercomputer operators such as Microsoft and Oracle is increasing rapidly. According to certain predictions, sales of data center GPUs could potentially reach $30 billion by 2025, a notable increase from the $3 billion recorded in 2018. NVDA is already up more than 130% year-on-year, with analysts forecasting further growth.

Amazon.com, Inc.: AMZN

Even though there was a deceleration in internet expenditures in 2022, the e-commerce industry still holds considerable opportunities for expansion. In the previous year, online transactions constituted 19.7% of global retail sales, and this percentage is projected to reach 24% by 2026. While Amazon has been relatively silent in the AI arms race –  with early efforts centered on using AI to improve customer experience – Amazon entered the AI race earlier this year with the introduction of its AI platform named Bedrock. This platform assists businesses in expanding their machine-learning models. This offering is integrated into Amazon Web Services (AWS), granting access to its in-house language models named Titan as well as collaborations with startups like Anthropic and Stability AI. Amazon is also in the process of creating its own chips, namely Inferentia and Trainium. These chips offer AWS customers an alternative means to train their large language models (LLMs) instead of relying solely on Nvidia GPUs, which are becoming progressively expensive and challenging to acquire.

Is AI a bubble?

All the outward signs of a bubble are certainly there – with investor euphoria still going strong on AI and AI-linked companies. Even key stakeholders agree, with Stability AI CEO Emad Mostaque calling AI investing to be the “biggest bubble of all time” in a call with UBS analysts.

That said, Morgan Stanley analysts have come up with some numbers that prove the contrary. The report shows that market bubbles typically experience a median growth of 154 percent in the three years leading up to their peak. However, even though the initial winners in the field of AI have gained more than 200 percent year-to-date, broader AI benchmarks have only risen by approximately 50 percent in 2023 and have not yet surpassed their highs from 2021.

Drawing from their analysis of 70 historical instances of both small-scale and large-scale bubbles over the past century, the authors of the report, Edward Stanley and Matias Ovrum, contend that AI distinguishes itself from other cycles of excessive enthusiasm due to the enduring and widespread diffusion of its technology.

Then, there’s the fact that we are nowhere in easy-money territory, a common precursor to investing bubbles. Global inflation and central bank rates are at, or just recovering from record highs, and large investors are understandably cautious with their money.

All that said, the current growth and volatility found in AI-linked tech stocks present an opportunity for trading, with proper risk management of course.

PU Prime offers CFDs in US stocks at 0 commissions. Trade with a leading broker today.

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Source: Vietnam Insider

What exactly is a Forex deposit bonus and how does it function? A Forex deposit bonus refers to an incentive provided by certain Forex brokers in order to attract new clients or encourage existing clients to deposit more money into their trading accounts. This bonus typically involves the broker offering a percentage of the deposited amount as a bonus, which can be utilized for trading purposes or withdrawn under specific conditions.

For instance, let’s take the example of PU Prime, which offers a 20% bonus on the initial deposit made by clients who register for this promotion, up to a maximum of $1000. This means that on the first deposit, clients can increase their trading equity by 1.2 times for deposits. To illustrate, if a client deposits $5000, they will receive a 20% bonus of $1000, resulting in a total equity of $6000

It’s important to note that Forex broker deposit bonuses can vary significantly in terms of their magnitude, terms, and availability, so traders should carefully evaluate the terms and conditions. One common characteristic of trading credits is that they cannot be withdrawn, but they can be used for trading purposes. However, any profits derived from such trading can be withdrawn.

How Can You Take Advantage of Trading Credits?

The primary benefit for traders is that they receive additional equity to engage in trading activities. This enables them to open more positions or larger trades, potentially leading to higher profits, all without incurring any additional costs or leverage. For instance, by utilizing PU Prime’s 20% Deposit Bonus, traders can have a total of $1200 in tradable capital with a mere $1000 deposit.

To provide a clearer perspective, this means that the usable margin increases by 20%, allowing traders to open trades with 1.2 times the total amount (in notional value) compared to what would have been possible without the deposit bonus. As a result, profits can also be 1.2 times higher, without multiplying the risk undertaken. Despite trading with $1200 in capital, the risked amount remains at $1000.

Conditions For Maintaining a Deposit Bonus

The brokers’ provision of bonus credit is accompanied by certain terms and conditions to mitigate the risks involved in offering deposit bonuses. These conditions may require your account or positions to fulfill specific requirements; otherwise, the granted credits may be revoked.

What this means for you:

Because PU Prime’s consideration for maintaining credit takes into account your floating profit or loss, any profitable open positions you have will contribute to the minimum amount needed to hold onto credit should you make a withdrawal. In the case of other brokers that only take into consideration balance, any withdrawal on a low balance will result in credits being deducted.

Credit Attributes

What this means for you:

While most forms of trading credit can be used to open more positions on the onset, PU Prime’s credits are unique in the fact that they can be used to cover losses. This means that unlike many other brokers, PU Prime’s credits do not automatically get removed once a customer’s balance goes below zero – thus effectively bearing your losses and increasing the amount of margin you have.

What is a Margin Requirement?

In the realm of CFD trading, margin pertains to the funds that traders must possess in their account to uphold their open positions. This margin acts as security for the leveraged trades they engage in.

The specific amount of required margin varies based on the leverage employed by the trader. Leverage is a CFD trading feature enabling traders to access larger positions than their own capital would allow.

Should the market move unfavorably and a trader’s losses surpass their available margin, the broker may issue a margin call, prompting the trader to deposit additional funds to sustain the necessary margin level. Failing to meet the margin call may lead to the broker executing a margin stop-out, wherein the trader’s positions are closed. In the case of PU Prime, the margin stop-out level stands at 50%. Consequently, if the trader’s equity (comprised of balance, floating profit and loss, and credit) falls below half of their utilized margin, their open positions will be forcibly liquidated.

Margin Calculation Formula:

Margin Level = (Equity/Used Margin)*100%

Final Thoughts

During periods of high volatility, especially when dealing with highly leveraged or substantial positions, PU Prime‘s deposit bonus and its ability to cover losses become exceptionally advantageous. Traders essentially benefit from an additional 20% buffer in price movement before facing a stop-out, significantly reducing the risk of being forced to close their positions. This allows for more opportunities for the price action to reverse favorably.

Frequently Asked Questions (FAQs):

What does a deposit bonus mean?

A deposit bonus is an incentive provided by certain Forex brokers to attract new clients or encourage existing clients to deposit additional funds into their trading accounts.

What is trading credit?

Trading credit refers to extra equity granted by brokers, typically in the form of a bonus given on a deposit.

Can I withdraw trading credits?

Trading credits themselves cannot be withdrawn, but any profits earned using these credits can be withdrawn.

How can PU Prime’s credits benefit me?

PU Prime’s credits can be utilized to open larger positions or increase the number of positions taken. They also serve to absorb losses and enhance margins.

Is there a maximum limit for the deposit bonus amount?

The maximum deposit bonus amount that can be received from PU Prime is US$10,000.

Can I combine a deposit bonus with other promotions or bonuses?

The deposit bonus promotion cannot be used simultaneously with any other promotions or bonuses offered by PU Prime unless explicitly stated.

Are there any eligibility restrictions for receiving a deposit bonus?

Only PU Prime’s Standard and Prime account holders are eligible to participate in the deposit bonus promotion.

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Source: Vietnam Insider

Gold trading has always been popular among investors seeking to diversify their portfolios and capitalize on the potential profitability of this precious metal. PU Prime, a leading CFD broker, offers traders a platform to engage in gold trading and provides several benefits. In this article, we will delve into the concept of gold trading, explore the advantages of trading gold with PU Prime, and how it can benefit traders of all levels.

Understanding Gold Trading: Gold trading involves speculating on the price movements of gold in the financial markets. As a sought-after safe-haven asset, gold is influenced by factors such as global economic conditions, inflation, geopolitical events, and investor sentiment. Traders analyze these factors and employ various strategies to predict gold price movements and execute profitable trades.

Trading Gold with PU Prime: When it comes to trading gold, PU Prime offers a range of features and benefits that can enhance your trading experience:

1. Wide Range of Trading Instruments: PU Prime provides a diverse selection of instruments through which traders can speculate on gold with. This includes trading spot gold through the XAU/USD pair. Also available is the XAU/EUR pair. Other ways to trade gold include through gold-related ETFs.
2. Competitive Spreads and Zero Commissions: With PU Prime, traders enjoy tight spreads on gold trades, ensuring competitive pricing and zero commissions on standard trades.
3. Fast Execution and Advanced Trading Tools: PU Prime prides itself on its fast and efficient trade execution, enabling traders to enter and exit gold positions swiftly. The platform also provides advanced charting tools, free access to Autochartist, and timely analysis, empowering traders to conduct technical analysis and make informed trading decisions.
4. Copy Trading Resources: Through their copy trading platform, traders can connect with successful gold traders, copy their trades, and gain insights into gold market trends and trading strategies. This feature allows less-experienced traders or those without the time to monitor the markets to replicate the potential success of an experienced trader – all within their own capital means.
5. Strong Customer Service and Support: PU Prime is committed to providing excellent customer service and support to its traders. With a dedicated support team available to address trading inquiries and technical issues around the clock, traders can rely on prompt assistance and guidance throughout their gold trading journey.

Conclusion: Gold trading presents an enticing opportunity for traders to participate in the global financial markets and potentially generate profits. By choosing PU Prime as your trading platform, you can benefit from a wide range of gold trading instruments, competitive spreads, advanced trading tools, social trading resources, and reliable customer service. Whether you are an experienced trader or new to gold trading, PU Prime offers a platform that caters to your needs and maximizes your trading opportunities in the dynamic gold market.

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Source: Vietnam Insider

In the vast world of forex trading, understanding currency pairs is essential for any trader looking to navigate the global financial markets successfully. Major currency pairs hold a significant position in the forex market, representing the most heavily traded currencies worldwide.

In this article, we will delve into what major currency pairs are, why they are important, and explore some trading strategies that can be employed when trading them on PU Prime.

What are Major Currency Pairs?

Major currency pairs are the most actively traded currency pairs in the forex market. They consist of the world’s leading currencies, paired with the U.S. dollar (USD), which is by far the most-traded currency in the world.

The most common major currency pairs include EUR/USD (Euro/US Dollar), GBP/USD (British Pound/US Dollar), USD/JPY (US Dollar/Japanese Yen), USD/CHF (US Dollar/Swiss Franc), and USD/CAD (US Dollar/Canadian Dollar).

These pairs are known for their high liquidity, tight spreads, and frequent price movements.

Why are Major Currency Pairs Important?

Major currency pairs play a crucial role in the forex market due to their high trading volume and market activity. They provide traders with ample opportunities to profit from short-term price fluctuations and long-term trends. As a result, major currency pairs offer greater liquidity and tighter spreads compared to less popular currency pairs. Their popularity also ensures that relevant news, economic indicators, and technical analysis tools are readily available, aiding traders in making informed trading decisions. The most-frequently traded currency pair is the EUR/USD pair, which makes up over 20% of all trading volume as the two currencies involve the world’s largest economies.

This is followed by the USD/JPY pair, which is popular due to the large volume of carry-trading done. A carry trade is where market participants seek a low-risk way to profit by borrowing the Japanese yen at a low interest rate, and investing in the US dollar, which typically has a much higher interest rate – thus earning from the interest rate differential between the two currencies.

Trading Major Currency Pairs on PU Prime:

When trading major currency pairs on PU Prime, here are some strategies to consider:

1. Trend Trading: Trend trading involves identifying and following the prevailing market trends. Traders can use technical analysis tools provided by PU Prime, such as charts, indicators, and moving averages, to determine the direction of the currency pair. By trading in the direction of the established trend, traders aim to capture profits as the price continues to move in their favor.
2. Breakout Trading: Breakout trading involves identifying key levels of support and resistance on the price chart. Traders watch for significant price movements beyond these levels, indicating a breakout. When a breakout occurs, traders can enter positions in the direction of the breakout, anticipating further price movement. PU Prime’s advanced charting tools and real-time market data can assist traders in identifying potential breakout opportunities.
3. Range Trading: Range trading involves identifying periods of consolidation or sideways movement within a specific price range. Traders can aim to buy at the lower end of the range and sell at the upper end, taking advantage of repetitive price patterns. Range trading strategies can be particularly effective when major currency pairs are experiencing periods of low volatility.
4. News Trading: Major currency pairs are heavily influenced by economic news releases, central bank announcements, and geopolitical events. News trading involves analyzing the impact of such events on currency pairs and taking positions accordingly. Traders can use PU Prime’s daily financial news and economic calendar to stay updated on upcoming events and capitalize on potential market volatility.

Conclusion: Understanding major currency pairs and implementing appropriate trading strategies is crucial for success in forex trading. PU Prime provides traders with a comprehensive platform, advanced charting tools, and a wide range of major currency pairs to trade.

Whether employing trend trading, breakout trading, range trading, or news trading strategies, PU Prime offers the necessary tools, low trading cost, and support for traders to navigate the forex market effectively. By staying informed, managing risk, and using the available resources, traders can maximize their potential for profits when trading major currency pairs on PU Prime.

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Source: Vietnam Insider

When it comes to trading contracts for differences (CFDs), choosing the right brokerage is crucial for success. PU Prime, a regulated and reputable broker, stands out as an exceptional choice. Offering a wide range of financial instruments, tight spreads, zero commissions, fast execution, social trading resources, advanced charting tools, a seamless mobile trading app, and robust customer service, PU Prime provides an all-in-one solution for traders. Let’s delve into the compelling reasons why PU Prime should be your preferred brokerage for CFD trading.

What is CFD Trading?

CFD trading involves speculating on the price movements of a wide range of financial instruments, including stocks, indices, commodities, currencies, and more. Instead of purchasing the assets directly, traders enter into a contract with their chosen brokerage to exchange the difference in the asset’s price from the time the trade is opened to the time it is closed.

CFDs are financial derivatives that allow people to trade the financial markets without actually owning the underlying assets. One of the primary advantages of CFDs is the ability to profit from both rising and falling markets, as you can take positions in either direction easily. Additionally, CFDs offer leverage, allowing you to control a larger position with a smaller amount of capital. However, it’s important to note that leverage can amplify both potential profits and losses.

Wide Selection of Financial Instruments: CFDs can be issued for almost any financial instrument. PU Prime offers an impressive selection of products to trade, including Forex, Indices, Commodities, Metals, Shares, Cryptocurrencies, and ETFs. With such a diverse range of options, you can diversify your portfolio and take advantage of various market opportunities, allowing for greater flexibility in your trading strategies.

Tight Spreads and Zero Commissions: One of the significant advantages of trading with PU Prime is their tight spreads. These narrow the difference between the buying and selling prices of assets, reducing your trading costs and maximizing your potential profits. Additionally, PU Prime operates on a zero-commission model, saving you from unnecessary fees and enhancing the overall profitability of your trades.

Fast Execution: PU Prime understands the importance of fast and accurate trade execution. With their cutting-edge technology and robust infrastructure, PU Prime ensures that your trades are executed promptly and efficiently. Fast execution minimizes slippage and allows you to seize market opportunities without delay, maximizing your trading potential.

Copy Trading Resources: PU Prime offers copy trading, giving you access to the wisdom and strategies of successful traders. Through the PU Social app, available on both Google Play and the App Store, you can log in and easily copy the moves of experienced traders. This feature allows you to benefit from their expertise, automatically mirroring their trades and capitalizing on their proven strategies.

Advanced Tools: PU Prime provides a wide range of tools for conducting analysis. With these tools, you can perform in-depth technical analysis, identify patterns, and recognize potential entry and exit points in the market. This is in addition to comprehensive and timely coverage of the financial markets and professional analyst reports. Access to comprehensive and accurate market data empowers you to execute trades based on solid analysis, improving your overall trading performance.

Seamless Mobile Trading App: In today’s fast-paced world, having a convenient and reliable mobile trading app is crucial. PU Prime offers a one-stop mobile trading app available on the App Store and Google Play. This app allows you to manage your trades, access real-time market data, use risk management tools, and execute trades effortlessly, all from the palm of your hand. The mobile app ensures that you can trade on the go, never missing out on trading opportunities.

Strong Customer Service and Support: PU Prime prides itself on its commitment to excellent customer service and support. Their dedicated team is readily available to assist you with any inquiries or concerns you may have. Whether it’s account-related queries, technical issues, or general trading support, PU Prime ensures that their clients receive prompt and reliable assistance, fostering a positive and supportive trading environment.

Regulated By Trusted Authorities: PU Prime is regulated by multiple regulatory authorities, the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA) in Seychelles. These bodies ensure that PU Prime adheres to strict industry standards and operates in a transparent and secure manner. Trading with a regulated broker like PU Prime provides peace of mind, knowing that your funds and personal information are protected.

PU Prime excels as a brokerage for CFD trading, offering a comprehensive suite of advantages that set it apart from the competition. With a wide selection of financial instruments, tight spreads, zero commissions, fast execution, social trading resources, advanced charting tools, a seamless mobile trading app, and robust customer service, PU Prime provides an all-inclusive solution for traders. Furthermore, being regulated by adds an extra layer of trust and security. Choose PU Prime as your preferred brokerage and experience the benefits of a reliable and feature-rich platform, allowing you to navigate the world of CFD trading with confidence and success.

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Source: Vietnam Insider

Introduction: When it comes to selecting a brokerage for your trading needs, it’s crucial to consider various factors to ensure a smooth and successful trading experience. PU Prime, a trusted and regulated brokerage, offers a range of advantages that make it a top choice for traders worldwide. From competitive trading costs and diverse account types to exceptional customer service and a wide selection of trading products, PU Prime provides the essential elements to meet your trading requirements.

Competitive Trading Costs

One of the primary considerations when choosing a brokerage is the trading costs involved. PU Prime has established itself as a leader in the industry by offering highly competitive trading costs. When trading with PU Prime, traders benefit from relatively small spreads sourced from major liquidity providers. During liquid market conditions, PU Prime’s industry-leading spreads can reach as low as 0.0 pips, allowing for cost-effective trading opportunities. Additionally, PU Prime offers flexibility with commissions, which can go as low as $1 per lot/side traded on their ECN account if you are prepared to fund your account with at least $10,000 of capital.

Click here to know more about the competitive trading cost PU Prime is able to offer.

Diverse Account Types

Every trader has unique preferences and trading strategies. PU Prime recognizes this and provides a wide range of account types to cater to individual needs. For a new user, there’s the Standard Account, which offers zero-commission trading, up to 500 times leverage, and just a minimum deposit of $50. For traders that are more experienced and want to find more opportunities with their capital, a Pro account offers up to 1000 times leverage for major products like FX, precious metals, and crude oil.

For high-volume traders that require the best trading conditions, the PU Prime ECN account has it all: low commissions and direct market access. With prices quoted directly from the interbank market, spreads on an ECN account are as low as it gets. The only condition is that you have to deposit a minimum of US$10,000 to open an ECN account.

For other special consideration, PU Prime also offers Islamic variations on their account types. This is for Muslim customers that cannot accrue or pay overnight interest. These accounts do not charge or pay swap fees, which are instead replaced with an administrative fee quoted by liquidity providers.

Finally, for traders that want to test strategies or are just starting out and do not wish to risk too much capital, a Cents account has just a $20 minimum deposit, and allows for trading in lower denominations. This diversity empowers traders to choose an account type that aligns with their trading style and objectives.

Click here to find out more about the different types of accounts

Exceptional Customer Service

In the dynamic world of trading, reliable and responsive customer service is essential. PU Prime takes pride in its customer service, which is considered one of the best and fastest responding compared to its peers. With a team of dedicated professionals, PU Prime ensures that clients receive prompt support whenever required, whether you have account-related queries, technical issues, or general assistance needs. PU Prime’s customer service can be reached through multiple means, including on the phone, through email, or live chat. Help is available 24 hours for customers across all time zones.

Regulation and Security

When entrusting your funds and personal information to a brokerage, it’s crucial to consider their regulatory status and security measures. PU Prime is regulated by the Financial Sector Conduct Authority in South Africa and the Financial Services Authority Seychelles, providing a strong regulatory framework and ensuring compliance with industry standards. In terms of security, PU Prime safeguards clients’ funds by holding them in strictly segregated bank accounts. SSL technology and encryption are employed to protect registration information and payment details, ensuring a high level of security for traders.

Wide Selection of Trading Products

PU Prime understands the importance of diversification and offers over 800 trading products. From currency pairs and commodities to indices, stocks, and cryptocurrencies, PU Prime provides a comprehensive range of instruments in 8 asset classes to explore different markets and trading opportunities. This vast selection empowers traders to diversify their portfolios and adapt to evolving market conditions.

Conclusion

When choosing a brokerage, it’s essential to consider factors such as competitive trading costs, diverse account types, exceptional customer service, regulatory compliance, and security measures. PU Prime excels in each of these areas, making it a standout choice for traders seeking a reliable and feature-rich trading experience. With PU Prime, you can access highly competitive trading costs, select from a variety of account types, benefit from outstanding customer service, and trade a wide range of products. Make an informed decision and choose PU Prime as your trusted brokerage partner.

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Source: Vietnam Insider