Reported 1 day ago
The U.S. stock market has seen remarkable gains since AI's rise in early 2023, with the S&P 500 up over 50%. Notably, AI stocks like Meta Platforms, SoundHound AI, and Palantir Technologies have surged dramatically, with returns of 400%, nearly 700%, and over 900%, respectively. Despite their impressive growth, analysts express caution regarding their valuations and future sustainability. While Palantir shows profitability and potential, SoundHound is viewed as overpriced. Meta continues to thrive as a digital advertising giant with strong AI investments, projecting continued growth.
Source: YAHOO