Nov 28, 2024
AMD and Alphabet: Billionaire Steve Cohen Loads Up on 2 Big AI Stocks
AI is booming, providing an important pillar of support for the stock market’s substantial year-to-date gains. Put into numerical terms, the tech-heavy NASDAQ composite index, which features many of the AI sector’s major names, has added nearly 30% for this year to date – on top of the 43% gains it registered last year. The significance of AI, both as a technological force and an investment opportunity, is underscored by the attention it’s garnering from Wall Street titans – the billionaire inve