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Top 10 AI News Updates This Weekend

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According to JP Morgan, the S&P will propel to new heights this New Year, and artificial intelligence is one of the reasons why. Besides AI, Strategist Dubravko Lakos-Bujas pointed to a resilient economy and the possibility of easier industry regulations as reasons for the boost, setting 6,500 as his 2025 target for the broad market index.

The U.S. will remain “the global growth engine with the business cycle in expansion, a healthy labor market, broadening of AI-related capital spending, and prospect of stronger capital market and deal activity”.

– Lakos-Bujas.

READ NOW: 15 Buzzing AI Stocks Making Headlines and 15 AI Stocks to Watch: News and Analyst Ratings 

US equities have already enjoyed a strong 2024, up 26% year to date due to enthusiasm around AI and a resilient economy. A tighter labor market, record wealth, and “potentially lower energy prices” are also reasons to celebrate. Investors have been happy about Donald Trump’s win as well, noted Lakos-Bujas, fueling their expectations of lower taxes and deregulation across industries.

“Heightened geopolitical uncertainty and the evolving policy agenda are introducing unusual complexity to the outlook, but opportunities are likely to outweigh risks. The benefit of deregulation and a more business-friendly environment are likely underestimated along with potential for unlocking productivity gains and capital deployment”.

In other news, artificial intelligence is stepping in to keep the Thanksgiving cheer alive, making sure holiday staples stay abundant and affordable for years to come.

“Cranberry production is challenging … [and] growers are really concerned about heat stress events”.

– Dr. Jeffrey Neyhart

Artificial intelligence is helping by speeding up the process of identifying heat-resistant varieties for cranberries. Researchers like Dr. Neyhart are using AI to save years of work and improve crop resilience in the face of climate change.

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.

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).

A financial analyst looking at the news, analyzing the trends of the insurance market.

10. Lumen Technologies, Inc. (NYSE:LUMN)

Number of Hedge Fund Holders: 26

Lumen Technologies, Inc. (NYSE:LUMN) is a facilities-based technology and communications company, whose AI-driven fiber deals and other digital services have been helping it benefit from AI growth.

On November 29, Citi analyst Michael Rollins raised the firm’s price target on Lumen Technologies, Inc. (NYSE:LUMN) to $8 from $6.50 and kept a “Neutral” rating on the shares. The analysts reviewed Q3 results that were “generally mixed with respect to the operations”, and stated that the potential to monetize fiber services is becoming more important for wireless carriers. This is because they are facing tough competition from cable companies offering combined mobile and broadband packages, the analysts noted. The company has been expanding its network infrastructure to support the increasing demand for fiber services, leveraging AI-driven technologies to optimize network performance and deliver enhanced connectivity.

9. SAP SE (NYSE:SAP)

Number of Hedge Fund Holders: 36

SAP SE (NYSE:SAP), a market leader in ERP software, leverages AI to enhance its enterprise resource planning (ERP) solutions.

On November 28, Stifel Nicolaus analyst Chandramouli Sriraman maintained a “Buy” rating on SAP SE (NYSE:SAP) and set a price target of €245.00. The buy rating comes from SAP SE’s robust growth prospects in its Cloud business, with projected mid-20s growth in Cloud revenue driven by the conversion of a large maintenance base, potentially adding over €25 billion in revenue. Moreover, SAP’s strategic initiatives, including the adoption of Business Technology Platform (BTP), RISE with SAP, and Cloud ERP Suite, are expected to boost cross-selling opportunities. Meanwhile, new AI tools from the company are further expected to bolster growth. These reasons, coupled with improving Cloud gross margins and economies of scale, justify the buy rating.

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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.

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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