Strong gains in AI stocks in 2024, companies like Nvidia and Amazon well positioned in AI

From Nasdaq: 2025-01-12 05:30:00

Investors saw significant gains in AI stocks last year, with the S&P 500, Nasdaq, and Dow Jones Industrial Average climbing 23%, 28%, and 12% respectively. Top performers included Nvidia and Palantir Technologies, heavily involved in AI.

AI stocks have been popular due to their transformative potential in various industries. Companies like Nvidia are expanding into AI agents, offering blueprints for customers to build their own AI agents. Amazon and SoundHound AI are also well positioned in the AI agent space, with strong growth potential.



Read more at Nasdaq: 3 Stocks That Could Soar in the AI Agent Boom