CNBC Daily Open: The AI sector still has legs to run

Jan 7, 2025 · The true test for AI, then, is whether companies can leverage it to boost revenue, rather than just sending the price of the sector's picks and shovels higher. — CNBC's Ryan …

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CNBC Daily Open: AI-adjacent Companies May Be The Next Big …

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What you need to know today. U.S. markets slipped as Asian stocks riseU.S. stocks mostly fell Wednesday.The S&P 500 lost 0.19% and the Dow Jones Industrial Average slipped 0.7%, …

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Nov 11, 2024 · CNBC Daily Open: The AI sector still has legs to run The 30-stock Dow gained 304 points, or 0.69%, to 44,293.69. It's rise brought the index above 44,000 for the first time.

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FAQs about CNBC Daily Open: The AI sector still has legs to run Coupon?

Are companies still investing in AI?

Those reports suggest that companies are continuing to invest heavily in AI, and the peak hasn't yet been crested. Riding on the back of such tailwinds, Nvidia shares jumped 3.4% — their third straight day of gains — to close at a record $149.43. ...

Who benefited from Gen AI?

Nvidia was the first beneficiary of gen AI. Its stock rocketed in 2023, a year after ChatGPT was released, when it became clear the semiconductor company's chips were the brains behind chatbots. Then Big Tech companies jumped on the bandwagon. ...

Is artificial intelligence still hot?

Foxconn's numbers suggest that artificial intelligence is still hot, sending up stocks of Nvidia and other global semiconductor companies. U.S. stocks had a banner year in 2024. Passive investors who simply bought an exchange-traded fund tracking the S&P would have received more than 20% in returns. ...

Is OpenAI a generative AI company?

While OpenAI, the company behind ChatGPT, is not listed publicly, several companies have gained immensely from the generative AI boom that it sparked. Nvidia was the first beneficiary of gen AI. Its stock rocketed in 2023, a year after ChatGPT was released, when it became clear the semiconductor company's chips were the brains behind chatbots. ...

Who benefited from the generative AI boom?

Institutions poured billions into OpenAI. While OpenAI, the company behind ChatGPT, is not listed publicly, several companies have gained immensely from the generative AI boom that it sparked. Nvidia was the first beneficiary of gen AI. ...

Will the AI wave continue rippling?

Likewise, Constellation Energy popped about 22% Friday after it announced plans to restart a nuclear plant and sell the power to Microsoft. All that is to say: The AI wave will continue rippling throughout the ocean for some time. Big Tech or semiconductors are juicy catches, but a wider net might reel in other prizes. ...