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10 Trending AI Stocks on Wall Street

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In the latest turn of events, China has revealed that it will roll out its homegrown “next generation” soon. The claim has been made by Chinese artificial intelligence startup DeepSeek, the very startup that shook the tech world with its efficient and cheap AI model known as the R1.

DeepSeek reportedly made the comment under a post on its official WeChat account, revealing that the“UE8M0 FP8” precision format of its newly released model V3.1 is personalized for the next-generation domestically built chips soon to be launched.

The FP8, or 8-bit floating point, is a data processing format that can enhance the computational efficiency for training and inference of large deep learning models. DeepSeek’s efforts comes amid China’s push towards self-sufficiency and Washington’s advanced semiconductor export restrictions.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q2 2025.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points  (see more details here).

10. Fortinet, Inc. (NASDAQ:FTNT)

Number of Hedge Fund Holders: 46

Fortinet, Inc. (NASDAQ:FTNT) is one of the 10 Trending AI Stocks on Wall Street. On August 20, the company announced that Tepper Sports & Entertainment (TSE) has deployed Fortinet’s Unified SASE and other Security Fabric solutions across its facilities to fortify cybersecurity, simplify operations, and enable secure access for all its users. TSE owns and operates the NFL’s Carolina Panthers, MLS’s Charlotte FC, and the Bank of America Stadium.

TSE has selected Fortinet as it wanted a security solution that is easy to manage and came without vendor complexity. Indeed, Fortinet is offering reliable protection and optimized performance across the entire TSE network, including critical facilities, key technology investments, and staff.

The deployment includes Fortinet Unified SASE, including FortiSASE for seamless secure access, Fortinet SecOps, including FortiAnalyzer to power faster, smarter operations, FortiGuard AI-powered Security Services, and Fortinet Secure Networking for AI-powered threat protection and automation-driven network management.

“Organizations like Tepper Sports & Entertainment are modernizing their infrastructure to meet rising security demands without adding operational overhead. By leveraging Fortinet Unified SASE and FortiGuard AI-powered Security Services, TSE can protect users and data everywhere, from stadiums to remote locations, while simplifying management for a lean IT team. That’s the power of an integrated, AI-driven cybersecurity platform.”

-Jaime Romero, Executive Vice President, Marketing at Fortinet.

Fortinet, Inc. (NASDAQ:FTNT), a cybersecurity company, provides enterprise-level next-generation firewalls and network security solutions, leveraging artificial intelligence across its cybersecurity products.

9. Workday, Inc. (NASDAQ:WDAY)

Number of Hedge Fund Holders: 76

Workday, Inc. (NASDAQ:WDAY) is one of the 10 Trending AI Stocks on Wall Street. On August 22, RBC Capital analyst Rishi Jaluria reiterated an Outperform rating on the stock with a $340.00 price target following the company’s modest Q2 beat.

Even though the company reported a modest beat, it only reiterated subscription revenue guidance (excluding Paradox), which led to shares falling down after hours.

Nevertheless, the firm is encouraged by early artificial intelligence adoption tends and the momentum with partner network.

“Modest Top-line Beat; Mixed Guide; Workday reported a modest Q2 beat but only reiterated subscription revenue guidance (ex-Paradox), leading shares down ~4% after-hours. Q1 outperformance was roughly in-line w/ recent trends and largely driven by modest subscription revenue outperformance. cRPO topped street estimates for the third consecutive quarter, showing signs of stabilization. Management walked up FY26 operating margin guidance by 50 bps, calling for 310 bps YoY expansion. Finally, we remain encouraged by early AI adoption trends and momentum with the partner network.”

Workday, Inc. (NASDAQ:WDAY) provides enterprise cloud applications.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

My name is Inan Dogan. I’m the co-founder and Research Director of Insider Monkey. I have an important message for you today.

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Regular price $9.99/mo. Cancel anytime.