The next AI leaders, three AI-adjacent stocks to watch

The AI Investing Pulse

Welcome to this week’s AIIP Newsletter — September 5th, 2024

WEEKLY AI STOCK IDEAS

  • Tesla (TSLA), Palantir (PLTR), GE Vernova (GEV) - IBD

    The next AI leaders, three AI-adjacent stocks to watch.

  • Baidu (BIDU), MicroStrategy (MSTR) - The Motley Fool

    One cheap AI stock and one to avoid.

  • Palantir (PLTR) - 24/7 WallSt

    Palantir could be the way to play the next leg of the AI rally.

THE MARKET

INDEX

TICKER

WEEKLY

Nasdaq 100

QQQ

-3.39%

S&P 500

SPY

-1.89%

TOP AI STOCKS & ETFs

STOCKS & ETF

TICKER

WEEKLY

Big Tree Cloud Holding

DSY

43.02%

MongoDB

MDB

21.71%

Global X AI & Tech ETF

AIQ

-2.89%

ROBO Global AI ETF

THNQ

-3.17%

AI STOCKS & ETFs NEWS

  • Short seller Hindenburg takes aim at AI hype, sinks two companies’ stocks - Fortune

    The recent surge in AI-related stocks has attracted significant scrutiny from short-sellers, with Hindenburg Research targeting specific companies potentially overvalued amid the AI hype.

  • How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market - NBC

    Growing fears of a broader economic slowdown and renewed skepticism about the timetable for a payoff from AI have helped drag Nvidia’s stock price lower.

  • Beneficiaries of the AI boom - VettaFi

    Several lesser-known companies are making significant strides in the AI sector. AI investors looking to diversify could consider these five overlooked opportunities.

AI STARTUPS

  • OpenAI co-founder Ilya Sutskever raises $1 billion for his new AI firm - CNBC

    Ilya Sutskever, a co-founder of OpenAI, has successfully secured $1 billion in funding for his new artificial intelligence venture.

  • This week in AI: VCs are enthusiastic about AI coding tools - Techcrunch

    Emerging AI coding tools are generating excitement among venture capitalists and developers, highlighting their potential to transform software development.

  • How Big Tech is quietly acquiring AI startups without actually buying the companies - MSN

    Many major technology firms are strategically investing in AI startups without outright purchases, often through partnerships and minority stakes.

  • Semiconductor innovations fueling the growth of AI 2.0 - Forbes

    Semiconductor advancements are driving the evolution of AI technologies, enabling more efficient processing and improved performance.

  • Fueling the future of AI: Q&A with Shon Hiatt - USC

    As artificial intelligence continues to reshape our world, can a centuries-old technology like hydropower meet its rising energy demands?

  • Future of AI-driven fashion from shopping to design - PA

    The intersection of artificial intelligence and fashion is transforming design processes, enabling personalized experiences and sustainable practices.

OTHER

  • Three industries that will benefit from the AI boom - MoneyMag

    AI is poised to transform various sectors, with significant opportunities arising in healthcare, finance, and manufacturing.

  • How Gen AI could trigger the next CrowdStrike catastrophe - Wharton

    The emergence of generative AI technologies poses significant risks, potentially enabling more sophisticated cyberattacks.