AI stocks like Palantir Technologies and Meta Platforms Inc. see YTD gains in June 2024.

From Nasdaq: 2024-06-18 09:59:49

The stock market’s AI sector is booming due to technological advancements and AI’s integration across industries like healthcare and finance. Investing in AI stocks offers growth potential, but comes with risks like volatility and regulatory changes. Palantir Technologies (PLTR) specializes in big data analytics and recently secured a significant contract with the Department of Defense, while Meta Platforms Inc. (META) announced a quarterly cash dividend. Both stocks have seen impressive YTD gains in 2024.



Read more at Nasdaq: 2 AI Stocks To Watch In June 2024