Tesla shares plunged on weak earnings

August 01, 2024

The AI Investing Pulse

Salesforce (CRM) - Investor Place
Is Salesforce making a comeback? It continues to demonstrate sturdy revenue growth, driven by expanding product suite and robust demand for cloud-based solutions.
Intel (INTC) - Motley Fool
Is it a bargain too good to pass up? Investors' measured approach toward Intel's stock over the last year compared to other AI stocks has kept it at an attractive price point.
Meta Platforms (META), Micron Technologies (MU), Arista Networks (ANET) - Insider Monkey
Deep Water Asset Management says the reason behind the latest decline in Tech stocks are their projection of high CapEx and giving no update on AI monetisation. They say you should buy the dip on these 9 AI stocks.

INDEX	TICKER	WEEKLY
Nasdaq 100	QQQ	3.47%
S&P 500	SPY	2.75%

Tesla shares plunged on weak earnings - Fortune
EV maker Tesla reported its second straight quarter of year-over-year sales declines. But, some analysts see light at the end of the tunnel for the company with the help of AI.
CrowdStrike’s outage on AI stocks - Analysis - Seeking Alpha
Incident raises doubts about reliability of AI-driven companies and impact on AI stock bubble. The outage caused significant stock drop, wiping off $12.5 billion from market cap.
Meta AI advancements impress Jefferies - Investing.com
Jefferies has expressed optimism about Meta's AI advancements, predicting significant stock potential. The firm’s analysis highlights the company's innovative strategies as a key driver for future growth.

AI powered mental health startup Spring Health boosts valuation to $3.3 billion - Fortune
Spring Health achieves a significant valuation boost as its CEO emphasizes the transformative potential of AI in mental health care.
Global startup funding is picking up with AI still in the spotlight - Techcrunch
Recent trends indicate a resurgence in global startup funding, with artificial intelligence technologies continuing to capture significant investor interest.
AI startups swap independence for big tech’s deep pockets - Economic Times
Many AI startups are increasingly aligning themselves with major tech companies, trading autonomy for financial backing.

AI trends shaping business strategies and sustainability in 2024 -
Timestech
The integration of AI is set to revolutionize business approaches in 2024, driving sustainability and efficiency.
AI insights predict disease a decade in advance - MedicalXpress
Recent advances in artificial intelligence are expected to significantly improve our understanding of disease mechanisms over the next decade.
The Future of AI: exploring generative systems and large language models - Dzone
Generative AI systems are rapidly evolving. Their potential is reshaping industries and prompting discussions about ethical implications and future applications.

How to use AI to make money - Forbes
By integrating advanced technologies, investors can identify trends and optimize their portfolios for greater returns.
Copyright Office tells Congress: ‘Urgent need’ to outlaw AI-powered impersonation - Techcrunch
The U.S. Copyright Office emphasises the pressing need for legislation to address the threats posed by AI-driven impersonation.