CES 2024: 5 Stocks To Watch For At Large Technology Conference – Intel (NASDAQ:INTC), Honda Motor Co (NYSE:HMC)

CES 2024: What to Expect from the Biggest Technology Show of the Year

The Consumer Electronics Show (CES) is an annual event that showcases the latest advancements and innovations in technology. CES 2024 kicked off this week and is set to run through January 12, featuring themes such as digital health, automotive, television, robots, and artificial intelligence. The event brings together industry leaders, tech enthusiasts, and media from around the world to explore the future of technology.

The media portion of CES 2024 has already seen several companies making big announcements and showcasing their new products and partnerships. NVIDIA Corporation, a leading graphics processing unit manufacturer, was among the companies that made the most of their time at the event. They announced several new products and partnerships, generating excitement among attendees.

But NVIDIA is not the only company making waves at CES 2024. Here’s a look at other companies that could make a big splash at the event:

1. Walmart Inc (WMT): While not typically associated with large technology conferences, 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 have significant implications for the retail sector.

2. Intel Corporation (INTC): Chipmaker Intel will take part in a keynote with CEO Pat Gelsinger, highlighting Intel’s role in making artificial intelligence more accessible. Gelsinger believes that AI is fueling a fundamental shift, driving interconnectivity between technology and humanity. The talk will explore how chips are enabling AI capabilities for consumers and businesses.

3. Honda Motor Co Ltd (HMC): The automotive company will reveal a new electric vehicle (EV) series at CES 2024. This announcement could be a catalyst for the stock during the trading week. In the past, Honda has partnered with Sony Group Corp (SONY) to unveil the Afeela brand at CES 2023. It remains to be seen if the new EV series is part of that collaboration or something entirely new.

4. XPeng Inc (XPEV): The electric vehicle company will be present at CES 2024 with its Xpeng Aeroht flying car unit. As the largest flying-car company in Asia, XPeng Aeroht aims to deliver “the cars of the future” that are safe for users. The company has already achieved important milestones, such as receiving a Chinese flight permit for its first crewed eVTOL (electric vertical takeoff and landing) vehicle.

5. Netflix Inc (NFLX): The streaming giant will showcase one of its highly anticipated future series, an adaptation of the bestselling book “The Three-Body Problem.” The series comes from the creators of the “Game of Thrones” series, David Benioff and D.B. Weiss. Netflix’s immersive experience at CES 2024 will increase awareness of the series, featuring a trailer and an otherworldly headset that transports attendees into the mysterious world of the show.

These are just a few examples of the companies making headlines at CES 2024. The event serves as a platform for industry leaders to showcase their latest innovations and set the stage for the future of technology. Stay tuned for more updates and coverage from CES 2024.

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