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Is META the best consumer AI stock?
The AI Investing Pulse
Welcome to this week’s AIIP Newsletter —July 25th, 2024
THIS WEEK’S AI STOCKS IDEAS
META Platforms (META) - Yahoo Finance
Is Meta the best consumer AI stock?
Apple (AAPL), Tesla (TSLA), Alibaba (BABA) - Investor Place
Even the biggest stocks powering the future have become underdogs in the race for AI dominance.
Qualcom (QCOM) - Finbold
Why analysts are seeing numerous potential catalysts for QCOM.
The Trade Desk (TDD) - Motley Fool
Is the trade Desk an unstoppable growth stock to buy over $100?
THE MARKET
INDEX | TICKER | WEEKLY |
---|---|---|
Nasdaq 100 | QQQ | -3.82% |
S&P 500 | SPY | -2.82% |
TOP AI STOCKS & ETFs
STOCKS & ETF | TICKER | WEEKLY |
---|---|---|
Spotify | SPOT | 14.18% |
Sentinel One | S | 10.95% |
Roundhill Gen AI & Tech ETF | CHAT | -5.46% |
Global X AI & Tech ETF | AIQ | -4.67% |
AI STOCKS & ETFs NEWS
Could Nvidia really reach a $50 trillion valuation? - Motley Fool
Nvidia's potential to hit a staggering $50 trillion valuation hinges on the company's growth in AI and data centre markets.
Seven AI stock picking services - ValueWalk
These innovative companies leverage AI technology to enhance investment strategies and improve portfolio management.
Chipmakers that could benefit from record 2024 data centre spending, says BofA - Investopedia
Natural Language Processing (NLP) technology is driving growth in the semiconductor industry. Analysts predict significant gains for certain chipmakers as spending in this sector reaches unprecedented levels in 2024.
AI STARTUPS
“Godmother of AI” Fei-Fei Li has created a $1B startup - Observer
Fei-Fei Li, renowned for her contributions to artificial intelligence, has launched a new startup. This initiative aims to push the boundaries of AI applications in understanding and interpreting three-dimensional environments.
Cathie Woods buys Crowdstrike amid dive; builds up stake in Sam Altman Startup - IBD
Cathie Wood highlights the potential of CrowdStrike and Oklo, the nuclear power startup backed by OpenAI head Sam Altman.
Vanta secures $150 million as AI reshapes tech compliance landscape - VentureBeat
Vanta has raised $150 million in funding to enhance its compliance solutions in response to the evolving landscape influenced by AI technology.
AI TRENDS
AI is a multifaceted discipline, and there’s room for many different chips beyond Nvidia GPUs - NetworkWorld
Nvidia currently dominates the AI market, but emerging competitors are gearing up to challenge its stronghold. Innovations from various companies could create a more diverse landscape for AI workloads in the near future.
Can AI automation transform the economy, or is it just a mirage? CryptoNews
The potential of AI and automation to reshape economic landscapes is a hot topic, sparking debates about its true impact. While some view these technologies as revolutionary, others question whether they will deliver genuine transformation or prove to be mere illusions.
OTHER
Two countries to be the prime beneficiaries of the data centre boom - TheEdge
Malaysia and Indonesia are expected to be the prime beneficiaries of rising demand for data centres due to artificial intelligence (AI) growth, according to CGS International.