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Stock impact report

Cathie Wood Says Software Stocks Will Ride AI Wave Next — These Three Could Rival Nvidia [Forbes]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Company Research Source: Forbes
companies to benefit from booming interest in artificial intelligence as investors capitalize on the enthusiasm that propelled chipmaker Nvidia into the rarified cadre of companies with a $1 trillion valuation. Wood, in an interview with Bloomberg TV, said Ark is looking forward to software providers as the next big beneficiaries of the wave of enthusiasm on Wall Street driven by advances in AI after Nvidia on Tuesday temporarily became one of just six public companies in the world valued at over $1 trillion. Analysts believe Nvidia, which makes high-powered computer chips crucial to building the kinds of generative AI systems that have exploded in popularity in recent months, is one of the best positioned to benefit from the AI boom and until January Wood's Ark Innovation Fund held a sizable position in the company. Wood said Nvidia is likely to do well over time but defended Ark's decision to dump its stake—the timing was unfortunate and the fund missed out on the massive Nvid Show less Read more
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