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  • ๐Ÿ“Š AI's Future Megatrends ๐Ÿš— Elon's Eye-popping Delivery Numbers ๐Ÿ” AI Graphing Tool Outshining Excel

๐Ÿ“Š AI's Future Megatrends ๐Ÿš— Elon's Eye-popping Delivery Numbers ๐Ÿ” AI Graphing Tool Outshining Excel

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Happy Birthday America โ€”Enjoy Your 4th of July!

Hollands adds: โ€˜When you adopt a thematic investing mindset, it can make the process of investing quite exciting because rather than focusing solely on the nuts and bolts of profits, valuations and dividends, you are thinking about the really big picture stuff.'

Apple shares rose 49% in the first half of 2023, their biggest six-month gain since 2009. The tech giant's market cap closed above $3 trillion for the first time ever on Friday. Buzz over new products and Apple's status as a high-quality "safety play" have boosted its shares.

The average 12-month price target for Alteryx reflects an upside potential of 47%. The most pessimistic price target among the 14 analysts surveyed by Refinitiv is still more than 20% higher than Alteryx's current share price. โ€”By comparison, the consensus price target for Nvidia reflects an upside potential of only 12%. Most analysts think that high-flying AI stock C3.ai will fall over the next 12 months, with the average price target nearly 30% below its current share price.

Tesla delivered just over 466,000 vehicles last quarter, exceeding Wall Street's expectations. Jim Chanos said the 4% beat was driven by price cuts and already reflected in Tesla's valuation. The short seller and Tesla critic held bearish puts options against the EV stock at last count.

There are some AI technologies waiting on the sidelines right now that hold promise. Our choices appear ready from a technological point of view, but whether they satisfy all three of the criteria weโ€™ve mentioned is another matter. We chose these four because they were the ones that kept coming up in our investigations into progress in AI technologies.

โ€œIf somebodyโ€™s going to use large language models to pick stocks, thatโ€™s hopeless, that is a hopeless path,โ€ he said in the latest episode of Bloombergโ€™s Odd Lots podcast, adding that the technology would be โ€œawfulโ€ at pinpointing major turning points in the macroeconomic environment.

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