Shares of SoundHound AI, C3.ai, and Upstart Plummeted by More Than 70%. Here's a Safer Way to Invest In Artificial Intelligence (AI) Stocks.
Upstart(UPST) The Motley Fool·2024-10-09 11:30
Artificial intelligence (AI) is creating a tremendous amount of value right now, but not every AI company will be a winner. Nvidia (NVDA 4.05%) stock was up 239% last year, and it's up a further 158% in 2024. In dollar terms, the company added a whopping $2.7 trillion to its market capitalization over that two-year stretch, and it's now the second-most valuable company in the world. Nvidia generates substantial revenue and earnings growth to support the incredible gains in its stock. The company designs the ...