Financial Digest

5 Stocks Best Positioned For The AI Boom: Global X Lead AI Researcher

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Finance Finance Headlines News

5 stocks that are best-positioned over the next 10 years to capitalize on the AI boom promising to transform the economy, according to Global X's lead AI researcher

Tejas Dessai says AI is still in its early stages, and he's taking a long-term investing outlook.Dessai likes AI-related stocks like Nvidia, Meta, Alphabet, Salesforce, and ServiceNow., Tejas Dessai says investing opportunities in the space are still plentiful and in their early stages. , AI adoption throughout the economy will be a slow process and likely span the next decade.

"I think this is going to be a very long-lasting development cycle. And there's going to be innovation that comes from across a broad spectrum of opportunities here," he told Insider. First, the models are highly sophisticated and can be applied to real-world problems. Second, innovation is happening more rapidly than before. Then there's the swift growth in users:. And, developers are adopting the technology as well.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley loves these 5 global A.I. chip stocks that could take Nvidia's market shareMorgan Stanley is 'overweight' on all five of the semiconductor stocks, and increased their price targets in a June 11 note.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market today: Global stocks, Wall Street futures mixed after US inflation coolsGlobal stock markets and Wall Street futures were mixed Wednesday after a cooler reading on U.S. inflation buoyed hopes the Federal Reserve will postpone a possible interest rate hike.
Source: wjxt4 - 🏆 246. / 63 Read more »