15 AI News Updates You Might Have Missed

Published on November 19, 2024 at 11:15 am by Usman Kabir in Hedge Funds, News

In this article, we discuss the 15 AI news updates you might have missed.

Artificial intelligence has been making headlines even at political summits. For example, news agency Xinhua recently reported that Chinese President Xi Jinping attended the Group of 20 Summit in Rio de Janeiro recently, warning that artificial intelligence should not be a game of rich countries and the wealthy. The Chinese president also called for more international governance and cooperation on AI. During another appearance, Xi also referred to increasing tariffs on Chinese goods, terming it protectionism in the name of green and low-carbon development. Xi said the world economy should be characterized by openness.

Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.

Meanwhile, OpenAI CEO Sam Altman has joined the transition team of San Francisco Mayor-elect Daniel Lurie following the US election. Per news agency Reuters, Altman joins a growing list of tech executives taking a position in government and said on the occasion that he is excited to help the city where the AI startup started its journey. Bilal Mahmood, who is on the city’s board of supervisors, said that former business executives are experts in prioritization and metrics-driven governance, which can help the city return to the basics. He added that San Francisco’s problems stem from its inefficient technical infrastructure, leading to delays in hiring and housing approvals, areas where tech executives are well-positioned to contribute.

Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.

For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds.

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 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

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AI News Updates You Might Have Missed

15. Rubrik, Inc. (NYSE:RBRK)

Market Capitalization: $8 Billion

Rubrik, Inc. (NYSE:RBRK) provides data security solutions to individuals and businesses worldwide. The cybersecurity platform of the firm uses AI and machine learning to monitor for threats and provide sophisticated data recovery. On November 18, Truist raised the price target on the stock to $50 from $43 and kept a Buy rating on the shares as part of a broader research note previewing Q3 results for the Infrastructure & Security Software names. Buyer behavior has stabilized in the sector since last year, and the advisory is focused on visibility into 2025 when generative AI projects will have a rubber meets the road moment, Truist told investors in a research note. The cost for execution missteps will be high in the weeks ahead, and the advisory favors high-quality names going into the print, Truist states.

14. Okta, Inc. (NASDAQ:OKTA)

Market Capitalization: $13 Billion

Okta, Inc. (NASDAQ:OKTA) owns and runs an identity management platform. One of the premier products of the firm is Identity Threat Protection, powered by Okta AI. Per the company, Okta AI is a mixture of machine learning and GenAI algorithms. The company is also working on an AI-enabled governance analyzer that suggests identity solutions for a company based on its policy setups. On November 18, investment advisory OTR Global downgraded its view of the stock to Negative from Mixed, citing checks. Analysts usually conduct checks – third-party research on a company’s business based on collecting information from different channels – routinely to contextualize their stock thesis.

13. Flex Ltd. (NASDAQ:FLEX)

Market Capitalization: $14 Billion

Flex Ltd. (NASDAQ:FLEX) offers manufacturing solutions across Asia, the Americas, and Europe. The firm is important to the AI world since it can provide up to 80% coverage of data center needs for large and hyperscale customers who are building their AI profiles. The company recently announced that it had purchased JetCool Technologies, a liquid cooling company for data centers. The acquisition bolsters Flex’s data center and power portfolio to help hyperscale and enterprise customers solve growing power, heat, and scale challenges in the era of AI.

12. Coherent Corp. (NYSE:COHR)

Market Capitalization: $16 Billion

Coherent Corp. (NYSE:COHR) develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. The firm has emerged as an important player in the AI space, marketing 800G transceivers that read and write data at a speed of 800 gigabytes per second. On November 18, Citi analyst Papa Sylla raised the price target on the stock to $136 from $106 and kept a Buy rating on the shares following a transfer of analysts. The advisory says that with its continued artificial intelligence sales and new management’s focus on margin expansion and debt reduction, it expects Coherent to move to the next phase of its journey, resulting in a 40% non-GAAP gross margin company with a $5 earnings per share power by fiscal 2026. It believes the Street is still underestimating Coherent’s AI sales and its new management ability to quickly deliver on its goals.

11. NXP Semiconductors N.V. (NASDAQ:NXPI)

Market Capitalization: $57 Billion

NXP Semiconductors N.V. (NASDAQ:NXPI) makes and sells various products related to semiconductors. NXP offers a comprehensive portfolio of microcontrollers and processors optimized for AI and machine learning applications in automotive, smart industrial and IoT industries. The company recently announced that it had partnered with MathWorks, a leading developer of mathematical computing software, to build the Model-Based Design Toolbox (MBDT) for battery management in EVs. These vehicles are increasingly becoming software-oriented, with AI-based systems expected to play a crucial role in the overall energy management systems of EVs in the future.

10. Dell Technologies Inc. (NYSE:DELL)

Market Capitalization: $95 Billion

Dell Technologies Inc. (NYSE:DELL) designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services. On November 18, Wells Fargo analyst Aaron Rakers raised the price target on the stock to $160 from $140 and kept an Overweight rating on the shares. The advisory is expecting Dell to report positive Q3 results. Wells sees ISG operating margin upside with results/commentary pointing to Nvidia Blackwell-driven AI server backlog expansion, a continued recovery/refresh cycle in traditional server demand, improving PC growth into 2025, and a strong Dell capital return story.

9. QUALCOMM Incorporated (NASDAQ:QCOM)

Market Capitalization: $185 Billion

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. On November 18, Barclays analyst Tom O’Malley discussed QUALCOMM as part of a broader note on the chip business, noting that the handset market continues to bifurcate, as premium flagship Android devices strengthen into the end of the year, a fact that bodes well for Qualcomm. The analyst also noted that Qualcomm should get 100% of the Samsung Galaxy S25 market, as Samsung’s performance on 3 nanometers won’t allow for an internal ramp.

8. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 16, investment advisory Oppenheimer released an investor note on the semiconductor industry, detailing that the findings of a technical analysis indicated that Advanced Micro Devices stock should be sold by investors based on recent trading patterns. The advisory also downgraded the semiconductor names as a group to Market Weight from a previous rating of Overweight based on recent price movements.

7. ASML Holding N.V. (NASDAQ:ASML)

Market Capitalization: $268 Billion

ASML Holding N.V. (NASDAQ:ASML) makes and sells advanced semiconductor equipment systems. Caspar Veldkamp, the foreign minister of Netherlands, whose ministry is also responsible for overseeing export restrictions on top computer chip equipment maker ASML, recently said that China-Russia trade was directly affecting European security. The remarks came as the US imposes tough restrictions on chip companies doing business with China. Veldkamp said Chinese firms were selling goods that end up in Russian weapons.

6. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Market Capitalization: $851 Billion

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) makes and sells integrated circuits and semiconductors. On November 18, news agency Reuters reported that Lai Ching-te, the President of Taiwan, had urged the European Union to sign an economic partnership agreement, noting it would boost cooperation in semiconductors. The move is part of a broader plan by Taiwan to seek investment from the EU. In return, TSM, the biggest chip firm in Taiwan, has already pledged to build a chip factory in Germany.

5. Meta Platforms, Inc. (NASDAQ:META)

Market Capitalization: $1.5 Trillion

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family. On November 18, the company announced that AI-powered Ray-Ban Meta smart glasses would be available for purchase in France, Spain, Ireland and Italy. In the post, announcing the release of the glasses, the firm said that with Meta AI on Ray-Ban Meta glasses, people have a hands-free way to ask questions on-the-go and receive real time answers and information, recommendations, or even some creative writing inspiration.

4. Amazon.com, Inc. (NASDAQ:AMZN)

Market Capitalization: $2.1 Trillion

Amazon.com, Inc. (NASDAQ:AMZN) operates as a technology conglomerate with core interests in the ecommerce business. On November 18, the company revealed new research that detailed the impact of AI on holiday sales. Per the research, the small and medium-sized enterprises on Amazon that were embracing tools such as AI and data insights look set to capture a bigger slice of the sales pie during the holiday season as opposed to their counterparts who are not. Holiday period sales are critical to annual growth figures for many of these companies, the research further highlighted.

3. Alphabet Inc. (NASDAQ:GOOG)

Market Capitalization: $2.2 Trillion

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. Latest reports from tech website Android Authority suggest that Google is testing out a new AI feature that lets users select text from within the AI Overview option on their devices and pull up an AI overview related to that specific text. AI Overview was launched by Google earlier this year. It is a feature that allows users a preview of a topic or query based on a variety of sources. It uses AI to summarize and write a preview.

2. Microsoft Corporation (NASDAQ:MSFT)

Market Capitalization: $3.1 Trillion

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. On November 14, the company announced a new plan to train 1 million Kenyans in AI and cybersecurity by 2027. The plan is part of a broader commitment by the tech giant to democratize AI skills. Kenyan media reports that with agriculture, telecommunications, and financial services primed for AI integration, and a youthful population with a median age of 19, Kenya is set to become a hub for AI talent with the latest Microsoft plan.

1. NVIDIA Corporation (NASDAQ:NVDA)

Market Capitalization: $3.6 Trillion

NVIDIA Corporation (NASDAQ:NVDA) provides graphics, computing and networking solutions. On November 18, investment advisory Barclays released an investor note on the semi industry, noting that utilization for the initial Blackwell ramp was now at roughly 50% and should rise to 80% over the coming quarters. Barclays analyst Tom O’Malley wrote that assuming 50% utilization for the existing capacity and traditional lag from test to final sale, this implies NVDA Jan Q Blackwell close to $6 billion.

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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.

Published on May 16, 2026 at by Inan Dogan, PhD

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.

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

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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.

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15 AI News Updates You Might Have Missed

Published on November 19, 2024 at 11:15 am by Usman Kabir in Hedge Funds, News

AI News Updates You Might Have Missed

15. Rubrik, Inc. (NYSE:RBRK)

14. Okta, Inc. (NASDAQ:OKTA)

13. Flex Ltd. (NASDAQ:FLEX)

12. Coherent Corp. (NYSE:COHR)

11. NXP Semiconductors N.V. (NASDAQ:NXPI)

10. Dell Technologies Inc. (NYSE:DELL)

9. QUALCOMM Incorporated (NASDAQ:QCOM)

8. Advanced Micro Devices, Inc. (NASDAQ:AMD)

7. ASML Holding N.V. (NASDAQ:ASML)

6. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

5. Meta Platforms, Inc. (NASDAQ:META)

4. Amazon.com, Inc. (NASDAQ:AMZN)

3. Alphabet Inc. (NASDAQ:GOOG)

2. Microsoft Corporation (NASDAQ:MSFT)

1. NVIDIA Corporation (NASDAQ:NVDA)

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

Published on May 16, 2026 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

Buy This $3 Stock Now Before the 400% Surge Begins

Published on May 15, 2026 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

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15 AI News Updates You Might Have Missed

Published on November 19, 2024 at 11:15 am by Usman Kabir in Hedge Funds, News

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AI News Updates You Might Have Missed

15. Rubrik, Inc. (NYSE:RBRK)

14. Okta, Inc. (NASDAQ:OKTA)

13. Flex Ltd. (NASDAQ:FLEX)

12. Coherent Corp. (NYSE:COHR)

11. NXP Semiconductors N.V. (NASDAQ:NXPI)

10. Dell Technologies Inc. (NYSE:DELL)

9. QUALCOMM Incorporated (NASDAQ:QCOM)

8. Advanced Micro Devices, Inc. (NASDAQ:AMD)

7. ASML Holding N.V. (NASDAQ:ASML)

6. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

5. Meta Platforms, Inc. (NASDAQ:META)

4. Amazon.com, Inc. (NASDAQ:AMZN)

3. Alphabet Inc. (NASDAQ:GOOG)

2. Microsoft Corporation (NASDAQ:MSFT)

1. NVIDIA Corporation (NASDAQ:NVDA)

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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.

Published on May 16, 2026 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up:

Buy This $3 Stock Now Before the 400% Surge Begins

Published on May 15, 2026 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: