Tag: Recovery
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Top China Fund Banks on AI Stocks for Recovery with 75% Return
Discover how Soochow's top China fund is eyeing AI stocks for recovery in the onshore market, capitalizing on significant growth prospects.
53 AI Revolution Stocks to Buy with Potential 20% Increase: UBS
UBS analysts have compiled a list of 53 stocks that could surge by up to 20% due to AI growth across 27 sectors. The report highlights the increasing use of AI in various industries, with machines completing more than a third of business-related tasks. Although some analysts anticipate AI hype train to derail like the dot-com bubble, many stocks bounced back and exceeded expectations. The report provides a breakdown of each of the stocks, the industry, and reasoning behind each buy recommendation.
GetYourGuide secures $194 million funding with $2 billion valuation as travel experiences bounce back
GetYourGuide has secured $194 million in funding to expand into new markets and improve its platform's technology. Despite pandemic losses, bookings are rebounding, with the startup aiming to turn a profit soon.