Advertisement
Singapore markets close in 4 hours 47 minutes
  • Straits Times Index

    3,173.73
    +1.80 (+0.06%)
     
  • Nikkei

    39,581.11
    -159.29 (-0.40%)
     
  • Hang Seng

    16,737.12
    +0.02 (+0.00%)
     
  • FTSE 100

    7,722.55
    -4.87 (-0.06%)
     
  • Bitcoin USD

    65,767.52
    -2,025.01 (-2.99%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,149.42
    +32.33 (+0.63%)
     
  • Dow

    38,790.43
    +75.66 (+0.20%)
     
  • Nasdaq

    16,103.45
    +130.27 (+0.82%)
     
  • Gold

    2,164.90
    +0.60 (+0.03%)
     
  • Crude Oil

    82.52
    -0.20 (-0.24%)
     
  • 10-Yr Bond

    4.3400
    +0.0360 (+0.84%)
     
  • FTSE Bursa Malaysia

    1,549.68
    -3.96 (-0.25%)
     
  • Jakarta Composite Index

    7,339.06
    +36.61 (+0.50%)
     
  • PSE Index

    6,891.22
    +37.93 (+0.55%)
     

Cathie Wood Says Software Is the Next Big AI Buying Opportunity -- And These 4 Stocks Could Skyrocket

Cathie Wood Says Software Is the Next Big AI Buying Opportunity -- And These 4 Stocks Could Skyrocket

Artificial intelligence (AI) is all the rage on Wall Street these days -- and much of the excitement has rightfully centered around leading semiconductor companies. Nvidia's blockbuster first-quarter results and forward guidance have spurred huge gains for its share price and helped trigger an upswing in bullish momentum across the broader market, but Ark Invest CEO Cathie Wood believes that the biggest AI investing opportunity actually lies in software right now. In a May 31 interview with Bloomberg TV, Wood said that here company was looking beyond semiconductor stocks when it comes to capitalizing on revolutionary AI trends.