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Stock impact report

Could January Spark the Next Big Rally in AI Stocks? [Yahoo! Finance]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Yahoo! Finance
Solid results from a couple of key companies in this sector should help reinstate investor confidence in AI stocks. It may be a good time to buy a few names in this sector before they go on a bull run in the new year. 10 stocks we like better than Nvidia › Artificial intelligence (AI) stocks have hit a rough patch of late. The Global X Artificial Intelligence and Technology ETF , which is the largest AI-focused exchange-traded fund (ETF), is down over 5% since the beginning of November. Concerns about AI being in a bubble, high valuations, and the huge amounts of debt that certain companies are taking on to build AI infrastructure have been weighing on investors' minds of late. This explains why prominent AI names such as Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have been pulling back after hitting 52-week highs in the past couple of months. Investors will now be wondering if AI stocks can witness a turnaround in their fortunes in the new year. Let's c Show less Read more
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