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Investing Insights

Is There a New Leader in the AI Race?

Investing Insights

Morningstar, Ivanna Hampton, Sarah Hansen

Bonds, Stocks, Analysis, Advice, Trading, Funds, News, Investment, Morningstar, Entrepreneurship, Mutual, Ideas, Etfs, Finance, Investing, Business, Economic, Independent, Christine Benz

4.2539 Ratings

🗓️ 19 July 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

Plus, the stocks powering the artificial intelligence explosion, and how AI can speed up the tech evolution in the restaurant industry.

Transcript

Click on a timestamp to play from that location

0:00.0

Please stay tuned for important disclosure information at the conclusion of this episode.

0:10.7

Welcome to Investing Insights. I'm your host, Ivana Hampton. Artificial intelligence is exploding.

0:17.7

Many investors are narrowly focusing on a handful of names, but what if they broaden

0:22.9

their view to other places that are offering opportunities to? This week's investing insights.

0:28.9

We'll look at the tech stocks driving the bull run and other areas that could benefit from

0:34.0

artificial intelligence. I spoke with Morningstar Inc. Markets reporter Sarah Hansen

0:38.6

about the leader of the AI race and Morningstar's AI Outlook. Check it out. The so-called

0:46.8

Fab Five is powering the bull market. This group has moved on from the Magnificent Seven as

0:52.7

demand for artificial intelligence explodes,

0:55.5

but can anyone dethrone the leader? Morningstar Inc. Markets reporter Sarah Hansen has written about this.

1:01.8

Welcome back to the podcast, Sarah. Thanks so much. So some market observers say the rally needs

1:08.0

to braw now beyond a few names for investors' sake. Any sign of that happening yet?

1:14.3

So after this past earning season, analysts say they saw lots of potential for stock market returns

1:21.1

to broaden out the way you're describing. That's theoretically good news for investors,

1:26.4

but returns so far are telling another story. I ran

1:30.5

some numbers for you today. And Nvidia is still the top contributor to the returns of the

1:36.0

entire stock market this year. Invita alone is responsible for about a third of the market's 12%

1:43.0

returns so far, which is huge.

1:45.4

And we've talked on the podcast about Apple's and Tesla's slide this year.

1:50.2

Their magnificent seven pals have now become the Fab Five.

1:54.2

Who are they and what's driving their success?

1:57.8

Yeah.

...

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