The best stocks now that the 'age of AI is upon us,' according to Jefferies

Artificial intelligence has captivated Wall Street in 2023. The emergence of OpenAI's large-language model ChatGPT has spurred investor excitement over AI, helping stocks with direct or perceived exposure to AI soar. In fact, Jefferies Equity Research went so far as to label the current economic backdrop underpinning markets as "the age of AI" in a recent report.

mountain Nvidia stock has added more than 180% so far in 2023. Google-parent Alphabet has also been a big beneficiary of the AI boom this year. The company announced its own large-language model, Bard , shortly after the launch of ChatGPT last November. Jefferies maintains a buy rating on Alphabet stock with a $150 per share price target, or about 25% upside from Wednesday's $120.18 close.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Carnival’s stock rallies to reverse almost all of its ‘perplexing’ post-earnings selloffCarnival's stock rallied Tuesday to take back nearly everything it lost in the previous session's "perplexing" post-earnings selloff.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Lordstown Motors stock price craters after company files for bankruptcyLordstown Motors craters 48% after the company files for bankruptcy and sues Foxconn over failed deal
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Unity stock soars 15% after new AI marketplace announced, analyst highlights acquisitionUnity Software Inc. shares rallied Tuesday after one analyst started the games engine and app monetization company at a buy and the company launched a...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »