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AI Surge Ending: Only One Category Was Up This Week
Article By:
Lorimer Wilson
Saturday, April 6, 2024 7:00 PM EDT
Six of the 7 categories we cover dropped this week, compared with 3 in March. The data clearly indicates that the surge in this sector is stalling or perhaps is even over.
In this article: AIQ, AMD, ATEYY, FTNT, EQIX, MU, SNPS, PANW, ANET, PSTG, ZS, DELL, RLAY, RXRX, QBTS, RGTI
AI-Powered Drug Discovery Stocks Index Up 9% In February; Remains Down 8% YTD
Article By:
Lorimer Wilson
Monday, March 4, 2024 12:41 AM EDT
Grand View Research says the global "AI in drug discovery" market should expand at a CAGR of 30% between now, and 2030 which Morgan Stanley believes will lead to 50 novel therapies over the next decade, with annual sales in excess of $50 billion.