The top cybersecurity AI stocks to watch

The AI Investing Pulse

October 10th, 2024

The top cybersecurity AI stocks to watch - Forbes

Cyberattacks are rising in both number and sophistication. While 2024 has been a bit of a wild ride for the industry, cybersecurity is only growing in importance in the age of AI. As Palo Alto puts it, the year 2024 “will be a phenomenal year in the utilization of AI in cybersecurity,” but it “will pale by comparison to what is yet to come.”

WEEKLY AI STOCK IDEAS

  • Palantir (PLTR) - Yahoo Finance

    Is Palantir the next AI leader.

  • Bloom Energy (BE), Marvel Technology (MRVL) - Insider Monkey

    Ten most promising AI stocks according to analysts.

  • Google (GOOG) - Tradingview

    One of the best AI growth stocks for the long term.

TOP AI STOCKS

STOCK

SECTOR

WEEKLY

Cerence (CRNC)

Technology

32.49%

Big Tree Cloud (DSY)

Consumer Defensive

21.84%

Astera Labs (ALAB)

Technology

21.13%

Celestica (CLS)

Technology

15.39%

Palantir (PLTR)

Technology

15.04%

TOP AI ETFs

ETF

TICKER

WEEKLY

iShares Future AI & Tech

ARTY

4.97%

Themes Gen AI

WISE

4.79%

KraneShares AI & Tech

AGIX

4.01%

AI STOCKS & ETFs NEWS 

  • FAANG and data centre stocks are a buy to cash in on AI's next phase, strategist says - Quartz 🎦

    Tejas Dessai, director of research at Global X, breaks down which companies to invest in for the next phase of AI expansion.

  • Microsoft downgraded by Oppenheimer - Investopedia

    Oppenheimer has adjusted its outlook for Microsoft, reflecting concerns about the company's ability to maintain its growth momentum in the competitive landscape of AI.

  • Nvidia’s CEO Jensen Huang says: “the demand for Blackwell AI chips is insane” - Forbes

    Nvidia is still the only game in town for companies spending hundreds of billions in the AI arms race and both the firm’s customers and investors are well aware of that.

AI STARTUPS

  • Meet the 5 AI startups shortlisted for the startup showcase competition - Silicon Canals

    At the World Summit AI 2024, five startups stand out for their creative use of AI to transform industries, from legal services to health and well-being.

  • Legal AI company EvenUp valued at over $1B in latest funding round - Reuters

    EvenUp helps lawyers streamline tasks such as drafting and reviewing documents, was valued at over $1 billion on Tuesday, after it raised $135 million in a funding round led by Bain Capital Ventures.

  • How AI startups are accelerating their growth with Google Cloud - Google Cloud

    Google Cloud is partnering with leading AI and cybersecurity startups to accelerate their growth and innovation.

  • Time to place our bets: Europe’s AI opportunity - McKinsey

    Europe has a significant opportunity to leverage AI for economic growth and innovation. Generative AI could add $575B to the European economy by 2030.

  • How to invest in the future of AI today - UBS

    Investment in AI is rapidly increasing, UBS is projecting a potential economic impact worth trillions globally.

  • The 10 biggest AI trends of 2025 - Bernard Marr

    A rundown of the hottest topics and talking points around AI and automation over the next 12 months.

OTHER

  • Why AI and clean energy need each other - MIT Technology Review

    The synergy between AI and renewable energy sources is pivotal for achieving sustainability goals and combating climate change.

  • Brighty App introduces AI powered investment platform - CityBuzz

    This innovative platform aims to democratise sophisticated trading strategies and enhance decision making for investors by providing intelligent insights and recommendations.

  • How to build an AI business strategy - Harvard Business School

    Implementing AI is a long-term strategy, not a quick fix. HBS shares six steps to building a strong AI business strategy.