Several hedge fund managers with impressive results bought shares of Alphabet and Meta Platforms in the third quarter. Meta Platforms uses artificial intelligence to improve engagement and conversion rates of ads on its social media properties. Alphabet is monetizing artificial intelligence in its digital advertising and cloud computing businesses. 10 Stocks We Like More Than … Read more
Dec 17 (Reuters) – Alphabet’s Google is working on a new initiative to improve its artificial intelligence chips running PyTorch, the world’s most widely used AI software framework, in a move aimed at weakening Nvidia’s long-standing dominance of the AI computing market, according to people familiar with the matter. The effort is part of Google’s … Read more
Magnificent Seven tech stocks fueled S&P 500 through this market so far — that’s because investors like solid, well-established businesses and their promise in the high-potential artificial intelligence (AI) market. Some are bigger AI players than others, but all participate in this technology to some extent. Investors are excited about AI because it can supercharge … Read more
Although the market is close to an all-time high, you wouldn’t know it based on the fear on one side of the market. There is talk of an artificial intelligence (AI) bubble, fueled by huge spending on the technology. One of the stocks that has faced market concerns about big AI spending is Meta platforms … Read more
Nvidia has a long growth track as it continues to build its AI infrastructure. Meta Platforms used AI to drive growth. Dutch Bros is one of the best growth stories in the restaurant space. 10 Stocks We Like More Than Nvidia › For more than a decade, growth stocks have been the driving force behind … Read more