The artificial intelligence (AI) revolution has triggered a multi-year investment cycle across the enterprise. Additionally, generative AI is now permeating various consumer internet applications. These trends bode well for AI wealth-building stocks. In Q1 of fiscal year 2024, a huge moment of clarity appeared on AI spending as cloud service providers such as Amazon (NASDAQ:AMZN)
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If you don’t own at least one of the Magnificent Seven technology titans, odds are you’re probably trailing the S&P 500 by a wide margin. Indeed, beating the market is tough without some help from the technology sector’s biggest, brightest stars. After explosive rallies enjoyed in recent months, though, some may view the Magnificent Seven
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After Tesla (NASDAQ:TSLA) reported better-than-feared second-quarter delivery figures, investors saw a 15% surge in Tesla stock. Despite beating forecasts with 443,956 vehicle deliveries, a 4.8% decline from last year suggests ongoing sales challenges. Competitor General Motors reported a 40% rise in EV sales for Q2. With Tesla’s second-quarter financial results due on July 23, its
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Mary Meeker, a prominent figure in the tech investment landscape, released a report last week urging a collaborative effort among the tech industry, government, and higher education institutions to accelerate artificial intelligence (AI) advancement, highlighting potential stocks to buy in the EdTech sector. The report emphasized the significance of the current moment, which Meeker describes
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The S&P 500 is up more than 50% from 2022 lows. The primary reason for the resilience of the stock market is enthusiasm around AI stocks. Excitement surrounding artificial intelligence and its potential as a revolutionary technology have sent AI shares skyward, creating what many believe is a bubble reminiscent of the dotcom bubble at the
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Following the French election results, French stocks have seen dramatic shifts in response to the electoral outcomes. Leading up to the first round, French stocks underwent notable volatility as fears mounted over potentially expansive spending under either a far-right or far-left majority, posing risks to the country’s already fragile fiscal stability. In any case, the
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Electric vehicle manufacturer Lucid Group (NASDAQ:LCID) might produce sleek and powerful automobiles, but there are problems underneath the hood of this company. Instead of waiting for a miracle to happen, investors should cut their losses or, better yet, just avoid Lucid stock altogether. I have to respect Lucid Group’s loyal investors. They’ve suffered harsh losses this year. I wish
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