Google's long-standing strength in artificial intelligence could create value for patient Alphabet shareholders.
The world's most successful hedge-fund operator has piled into five widely owned securities that have handily outperformed over the long run.
Money managers are scrambling to cash in on the stock market’s interest in artificial intelligence, as a stunning rally by Nvidia sparks a search for other companies that are capitalizing on the technology. Shares of Nvidia - whose chips are the gold standard in the AI industry - are up about 60% this year after tripling in 2023. “It's not a fad," said Francisco Bido, senior portfolio manager for F/m Investments' Large Cap Focused Fund.