What are AI stocks?

There is no official designation that accounts solely for AI yet. Instead, AI stocks are a loose collection of companies with interests in artificial intelligence. These companies include major tech companies like Microsoft and Apple, which are both developing their own AI technologies.

Will AI affect stock prices in 2023?

In early 2023, some small companies have seen rapid increases in their stock prices after being mentioned in any kind of AI-related news. In January 2023, for example, BuzzFeed (BZFD) saw its stock price soar more than 85% the day after the publication of a news report about a partnership with OpenAI to develop an AI-powered article writer.

Should you buy the best artificial intelligence stocks?

Wall Street analysts are racing to tout the best artificial intelligence stocks amid a surge in investor interest. On company earnings calls, management mentions of artificial intelligence has jumped. But if you're looking for the best AI stocks, it's a good time to be cautious amid the hype. Sorry, the video player failed to load.

Which Ai stock indexes are tracked by ETFs?

There are several AI stock indexes — like the Indxx Global Robotics & Artificial Intelligence Thematic Index and the Nasdaq CTA Artificial Intelligence & Robotics Index — which are tracked by ETFs.