This veteran investor is buying ‘old economy’ stocks that are embracing AI

This veteran investor is buying ‘old economy’ stocks that are embracing AI

Artificial intelligence isn’t only benefiting technology companies. A host of stocks in other industries also stand to gain, according to Nancy Tengler, chief executive officer and chief investment officer of Laffer Tengler Investments. While shares of megacap technology companies such as Nvidia and Meta Platforms have soared on hopes that AI will usher in new technological …

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Wall Street high on AI euphoria

Wall Street high on AI euphoria

Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets positive Wall Street hit another record on Friday as …

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McDonald’s use of AI at drive-thrus is good news for Nvidia

McDonald’s use of AI at drive-thrus is good news for Nvidia

McDonald’s use of artificial intelligence in drive-thru lanes is a sign adoption of the technology is growing across the U.S., CNBC’s Jim Cramer said Friday. And that bodes well for the leading maker of AI chips: Nvidia . McDonald’s — through strategic partnerships with IBM and Google-parent Alphabet — is testing AI-powered voice recognition at …

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