Crypto Updates

CES 2024: 5 Stocks To Watch For At Large Technology Conference

Veteran Trader Peter Brandt Asks Macro Guru If Bitcoin Bull Has Finally Awoken From Deep Slumber

The CES 2024 conference kicked off this week and runs through Jan. 12 with themes highlighted this year including digital health, automotive, television, robots and artificial intelligence.

What Happened: The media portion of CES 2024 kicked off and several companies including NVIDIA Corporation (NASDAQ:NVDA) have already made the most of their time to announce several new products and partnerships.

Here’s a look at other companies that could make a big splash at the event later this week.

Walmart Inc (NYSE:WMT): The large retailer doesn’t jump out as a company that will make a splash at a large technology conference. Walmart CEO Doug McMillon will be part of a keynote presentation where he will share the company’s vision to use technology to “usher in the next generation of retail.” With the growing shift to e-commerce over physical retail, McMillon’s comments could be important for the retail sector.

Intel Corporation (NASDAQ:INTC): Chipmaker Intel will take part in a keynote with CEO Pat Gelsinger talking about Intel’s role in making artificial intelligence more accessible.

“AI is fueling a fundamental shift, driving interconnectivity between technology and humanity,” Gelsinger said.

Gelsinger said the talk will explore how chips are enabling artificial intelligence capabilities for consumers and businesses.

Along with the keynote, Intel will also have other executives talking on panels and will host a half-day conference track on Jan. 10.

Honda Motor Co Ltd (NYSE:HMC): The automotive company will reveal a new electric vehicle series at CES 2024, which could be a catalyst for the stock during the trading week. The company revealed the Afeela brand through a partnership with Sony Group Corp (NYSE:SONY) at CES 2023. It is unclear if the company’s plans to reveal a new EV series in 2024 are part of that collaboration or something new.

Related Link: CES 2024: Samsung Shows Off Transparent LED Display, But It’s Still A Prototype

XPeng Inc (NYSE:XPEV): The electric vehicle company will be present at CES 2024 with its Xpeng Aeroht flying car unit. Said to be the largest flying-car company in Asia, HT Flying Car is working on delivering “the cars of the future” that will be safe for users. X2, the company’s first crewed eVTOL, was the first to receive a Chinese flight permit. The company…

Click Here to Read the Full Original Article at Cryptocurrencies Feed…