Machine learning stocks are doing well in 2024, led by the astronomical 145% growth of Nvidia (NASDAQ:NVDA), but there are other opportunities to explore apart from Nvidia in the machine-learning market, with a potential size of $79.3 billion in 2024 and 36% growth between 2024 and 2030, reaching $503.4 billion by 2030.North America is the biggest market for machine learning, thanks in part to the country’s favorable policy trends. The 2023 National AI Research and Development Strategic Plan stresses workin ...

We AreInvestors were given a lot of reasons to celebrate the performance of the stock market in H1 supported by steady earnings growth in Q1 with 79% of companies topping estimates, and a resilient US economy despite the inverted yield curve, which often signals an incoming recession. Instead of recessionary fears, the S&P 500 (SP500) is hovering near an all-time high with a year-to-date return of 14.9%, driven largely by the AI-centric narrative, in which 10 companies alone are responsible for 71% of t ...

The trade in technology stocks is growing volatile. The shares of microchip and semiconductor companies, which had led the market higher in this year’s first half, are selling off as we near the end of June. At the same time, several other well-known technology stocks are in the red this year. Whether due to disappointing earnings, competitive threats or being viewed as overvalued and expensive, several tech stocks are down right now and missing out on the bull run in equities. Shrewd investors will see the ...

OpenAI has already changed the tech industry in big ways. Indeed, this technology has even started to impact blue-collar sectors after ChatGPT came out. That said, it has now been more than a year and a half since ChatGPT’s release. And while there have been better and better AI chatbots being released, you’d be forgiven for thinking that the AI magic is starting to wear off. People are no longer surprised by what AI can do these days.I think that could change once OpenAI releases its Sora text-to-video AI ...

The creator economy is an ecosystem surrounding content creators on platforms like YouTube and TikTok, who monetize their content through sponsorships, affiliate marketing, subscription models, merchandise sales and more. It’s a burgeoning new industry caused by the rapid rise in digital media consumption and the various monetization methods made possible in recent years. In fact, over 50% of the Generation Z surveyed said they want to be content creators; it’s a job that has been ridiculed in the past but ...

AI helped power results in the quarter.Shares of Adobe (ADBE 2.01%) rebounded after the maker of creative software programs such as Photoshop reported solid revenue growth for its fiscal second quarter. Despite the solid post-earnings gains, the stock is still down about 12% year to date.Let's take a closer look at the company's most recent quarterly results and guidance and whether it is too late to buy the stock.Solid revenue growthAdobe solidly grew its fiscal Q2 revenue by 10% to $5.31 billion topping t ...

These AI stocks still have a lot of room to keep growing.It's not too late to start investing in artificial intelligence (AI) stocks. While fervor around new generative AI developments has sent many tech stocks zooming higher, there are still plenty of opportunities to invest in the space.Spending on generative AI hardware, software, and development will increase from $67 billion last year to $1.3 trillion in 2032, according to estimates from Bloomberg Intelligence. That leaves a lot of room for companies t ...

These three growth stocks look set to ride the artificial intelligence trend to report higher revenue and net income.The era of artificial intelligence (AI) is upon us, and this new technology promises to unleash a new wave of creativity and convenience the likes of which has never been witnessed. AI offers an enticing promise to help automate tasks and achieve feats never accomplished by humans. Investors excited about AI's prospects and wish to ride on this long-term wave can seek growth stocks that utili ...

Certain stocks have seen big moves higher this year. Some of those stocks have risen based on better-than-expected financial results. However, a fair number have increased based on hype surrounding hot corners of the market such as artificial intelligence (AI) and cryptocurrencies. It’s become a running joke that executives are not allowed to hold an earnings call these days without mentioning the ways in which their company benefits from AI.The challenge for investors is to determine which stock prices are ...

Alphabet and Adobe have been crushing it recently.Nvidia (NVDA -3.22%) is a great artificial intelligence (AI) stock. However, it has gotten a bit expensive from a valuation standpoint, which has some investors looking elsewhere for AI investments. I'm in that camp, but fortunately, plenty of AI companies are worth buying right now.Two that come to mind are Alphabet (GOOG 1.44%) (GOOGL 1.89%) and Adobe (ADBE 2.01%). Both companies' shares are trading at reasonable valuations, and both are always fantastic b ...