Discover the investment strategy of top-performing fund manager, Jeff Muhlenkamp, and his success with value-focused names, consistent growth, and a diversified portfolio. Learn why Muhlenkamp continues to outperform in the stock market and his market-bullish positions, including tech giants and gold royalty companies.
Artificial intelligence software developer, C3.ai beat Q4 expectations but fell short on revenue outlook causing shares to drop. Yahoo Finance suggests considering alternative AI-related companies like Marvell and Broadcom.
Wall Street is showing increased interest in AI stocks with Nvidia's promising revenue guidance boosting market value by almost $200bn in a day. The top performers so far in 2023 are C3.ai, Nvidia, AMD, Marvell Technology, Cadence Design Systems, Synopsys, Broadcom, Alphabet, Microsoft, and Taiwan Semiconductor. C3.ai saw a gain of 260.8%, and Nvidia's CEO is respected for developing graphics processors and chips essential to AI and gaming. C3.ai uses machine learning to provide predictive analytics software solutions to businesses, and shares have risen considerably since the company went public in December 2020.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?