Tag: Finance

The stock market has been dominated by big-cap AI stocks like AAPL, AMZN, and MSFT. But the lack of broad strength is a concern. What's next? Read more.

C3.ai's stock price surge of over 20% ahead of their earnings report is attributed to their integration with Amazon and Alphabet's cloud divisions. As a pure play on the AI space, investors seek returns with tomorrow's earnings report being the market-matching driver or disappointment and volatility.

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.

JPMorgan Chase is developing a cloud-based AI tool called IndexGPT that selects investment options based on customer needs. It could replace human advisors for financial agencies.

Learn how automation technology and chatbots benefit the finance sector, but a human touch is still necessary for making financial decisions. Find out more.