Investing in artificial intelligence (AI) stocks is a wise choice in today’s market. While there are not many pure-play AI companies available, several companies with deep integration of AI solutions offer great investment opportunities. Here are the top AI stocks to consider for 2024 and beyond.… Read the rest
Artificial Intelligence Stocks: NVIDIA and Super Micro Poised for Success in 2024
The artificial intelligence (AI) revolution is in full swing, and AI stocks have been experiencing a surge in value. While NVIDIA has emerged as the winner of 2023 with a stock surge of 230%, there are other companies that have played a crucial role in the AI revolution, such as Super Micro Computer and UiPath.… Read the rest
Anthropic’s Unique Approach to Funding and Valuation Challenges Industry Norms
Anthropic, a prominent AI startup, is taking a different path when it comes to raising funds and determining its valuation. Instead of pursuing a traditional funding route and seeking new backers, the company has chosen to rely on its existing investor, Menlo Ventures, as its lead financial supporter.… Read the rest
The Rise of Artificial Intelligence: A Battle for Domination
Artificial intelligence (AI) has emerged as a critical battleground in the tech industry, with major players vying for dominance. The unbelievable success of generative AI in 2023 brought tremendous gains for the Magnificent Seven stocks, including Nvidia, Microsoft, Apple, and Amazon.com.… Read the rest
Palantir Technologies Downgraded as Analyst Questions AI Hype
Summary
In a recent development, Jefferies analyst Brent Thill downgraded Palantir Technologies (PLTR) stock to underperform, stating that the company is “overhyped on AI.” This downgrade comes as Palantir stock fell 1.8% to 15.95 in morning trades. Despite an impressive 167% growth in 2023, PLTR stock has been down 5% in 2024.… Read the rest