A phenomenon that’s increasingly prevalent with artificial intelligence (AI) stocks is the investor practice of viewing them all through the same lens. For example, when one company in the AI space reports strong financial results, other stocks in the space get a lift as investors expect a rising tide to lift all boats. That appeared …
Cathie Wood and Warren Buffett don’t have a ton in common. Buffett is an investor who traditionally seeks steady growth and often looks for dividend plays. This simple investment strategy has become a modern-day staple for investors of all ages. On the other side, Wood has taken bullish stances on emerging markets such as artificial …
Here are some markets, economy and stock predictions for 2024, including what would be a most unexpected outcome for the U.S. economy. First, a reminder: “The markets and the economy are not the same.” 1. AI continues to capture the world’s imagination: The biggest corporations start using artificial intelligence for real-world business purposes, including supply-chain management, distribution improvements …
Microsoft‘s top executives appeared to distance themselves from OpenAI on Thursday during the software giant’s annual shareholder meeting, telling investors its strategy doesn’t rely solely on the startup. AI was a major focus of questions from Microsoft investors during the event. The company has emerged as a leader in generative AI and much of that …