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Analysis:Wall Street hunts for more AI gold after Nvidia's soaring rally

Analysis:Wall Street hunts for more AI gold after Nvidia's soaring rally
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Analysis-Wall Street hunts for more AI gold after Nvidia's soaring rally

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.

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Wall Street hunts for more AI gold after Nvidia's soaring rally

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...

Taiwan , New-york , United-states , Zehrid-osmani , Matthew-lewis , Francisco-bido , A-morgan-stanley , Lewis-krauskopf , Ivana-delevska , Ira-iosebashvili , David-randall , Micron-technology

Wall Street Hunts For Next AI Gold Mine After Nvidia's Meteoric Rise - Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL)

The stock market's growing interest in artificial intelligence, fueled by Nvidia has set off a race among money managers to identify other companies leveraging the technology.

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Eight Valentine's stock picks: Fund managers reveal their most-loved companies

Card shops, chocolatiers, florists and upmarket restaurants may be the first businesses that spring to mind on Valentine's Day, particularly if you've forgotten again this year.

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Martin Currie Global Portfolio Trust - High-quality equity offering in an uncertain world

Martin Currie Global Portfolio Trust - High-quality equity offering in an uncertain world
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

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