Rapid Growth in A.I. Drives Tech Stocks Higher, Analysts Predict Further Gains
- Morgan Stanley identifies three Chinese companies poised to benefit from advancements in artificial intelligence in the country, according to their analysts.
- A biotechnology stock has risen over 90% this year and will continue climbing due to its promising work in A.I., a fund manager predicts.
- Deutsche Bank forecasts trouble for a winner in the A.I. sector following their investor day.
- Wells Fargo downgraded an athletic apparel company, citing issues in e-commerce, wholesale, and inventory problems.
- Bank of America sees strong potential in a data center company due to new opportunities in A.I., analysts report.