Software stocks have been hit by fears of competition from artificial intelligence but these five companies can thrive in the AI era, according to Oppenheimer analysts.
Source: https://www.barrons.com/articles/shopify-stock-software-ai-v…
Alphabet (NASDAQ: GOOG) and Nvidia (NASDAQ: NVDA) have been on a tear this year, being the only two Magnificent 7 stocks to outperform the S&P 500 as of December 11.
Here is how Clearway Energy (CWENA) and FTC Solar (FTCI) have performed compared to their sector so far this year.
US stocks opened mixed on Thursday as Oracle’s troubling earnings report spooked investors despite the Federal Reserve’s dovish rate cut just a day earlier. The S&P 500 fell 0.3%, unable to hold Wednesday’s momentum near record highs, while the tech-heavy Nasdaq Composite retreated 0.7%, reflecting broader concerns about AI spending sustainability.
