Two companies, Palantir and Meta Platforms, are benefiting from AI with positive financial results.

From Nasdaq: 2024-08-09 11:00:00

AI continues to dominate headlines, but some companies are actually benefiting. Palantir reported record profits with a 27% revenue increase and 200% EPS climb, while Meta Platforms exceeded expectations. Analysts expect Palantir’s sales to jump 21%. Meta Platforms raised its CapEx outlook to support AI initiatives, with an attractive valuation reflecting investor interest.

Zacks’ Top 3 Hydrogen Stocks offer potential in the clean energy sector. The demand for clean hydrogen energy is projected to grow exponentially, with these diversified titans leading the way. One stock has seen a 2,400% increase, another has $15 billion in commitment for low carbon hydrogen, and the third has consistently raised dividends over a decade.



Read more at Nasdaq: 2 Companies Actually Benefiting from AI: PLTR, META