2024-04-14 07:00:00 ET
The euphoria surrounding artificial intelligence (AI) is in full swing. Both the S&P 500 and Nasdaq Composite indexes are trading near record levels, and many on Wall Street are anticipating further gains.
Among the hottest names in AI are the " Magnificent Seven " stocks -- a catchy moniker used to collectively describe megacap behemoths Microsoft , Alphabet , Nvidia , Apple , Meta Platforms , Tesla , and Amazon (NASDAQ: AMZN) .
Microsoft and Nvidia have been identified as two early darlings in the AI revolution. But e-commerce and cloud computing leader Amazon has quietly made some notable progress of its own.
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A Once-in-a-Generation Investment Opportunity: 1 Warren Buffett and Cathie Wood Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Surges 16%, According to 1 Wall Street Analyst