ChatGPT, an AI-powered chatbot, has exposed the world to the economic potential of generative AI technology. Whether automating tasks or acting as a personal assistant, the use cases are endless. This list contains names that are building or investing in similar technologies.
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This list has performed 25.49% over the past year. By comparison, S&P 500 is 8.58% over the same period. This list includes 80.00% of Technology stocks, 20.00% of Consumer Cyclicals stocks.
List performance is calculated using an equal-weight methodology. This list is generated by scanning the web and using our algorithms to surface potentially relevant securities to the topic. The list is intended to be educational and includes securities that may be suitable for a watchlist. It is not intended for investment or trading purposes. Microsoft does not recommend using the data and information provided as the basis for making any investment decision.
AMAZON.COM, INC.
AMZN. Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. It manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, and Ring, and it develops and produces media content. It also offers subscription services such as Amazon Prime, a membership program. Its segments include North America, International and Amazon Web Services (AWS). The AWS segment consists of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. It provides advertising services to sellers, vendors, publishers, authors, and others, through programs, such as sponsored advertisements, display, and video advertising. Customers access its offerings through websites, mobile applications, Alexa, devices, streaming, and physically visiting its stores.
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Amazon.com Inc. is +3.99% over the past month and +1.92% over the past year, outperforming the S&P 500 by +7.51% over the past month and -6.66% over the past year.
APPLE INC.
AAPL. Apple Inc. (Apple) designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a range of related services. The Company’s products include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch and accessories. The Company operates various platforms, including the App Store, which allows customers to discover and download applications and digital content, such as books, music, video, games and podcasts. Apple offers digital content through subscription-based services, including Apple Arcade, Apple Music, Apple News+, Apple TV+ and Apple Fitness+. Apple also offers a range of other services, such as AppleCare, iCloud, Apple Card and Apple Pay. Apple sells its products and resells third-party products in a range of markets, including directly to consumers, small and mid-sized businesses, and education, enterprise and government customers through its retail and online stores and its direct sales force.
Apple Inc. is -8.17% over the past month and +9.16% over the past year, underperforming the S&P 500 by -4.64% over the past month and +0.58% over the past year.
TESLA, INC.
TSLA. Tesla, Inc. designs, develops, manufactures, sells and leases fully electric vehicles and energy generation and storage systems, and offer services related to its products. The Company’s automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment is also comprised of services and other, which includes non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, sales by its acquired subsidiaries to third party customers, and vehicle insurance. Its energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its automotive products include Model 3, Model Y, Model S and Model X. Powerwall and Megapack are its lithium-ion battery energy storage products.
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Tesla Inc. is -9.74% over the past month and -17.18% over the past year, underperforming the S&P 500 by -6.22% over the past month and -25.76% over the past year.
Meta Platforms, Inc.
META. Meta Platforms, Inc. builds technologies that help people connect, find communities, and grow businesses. The Company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and wearables. The Company operates through two segments: Family of Apps (FoA) and Reality Labs (RL). FoA segment includes Facebook, Instagram, Messenger, WhatsApp, and other services. RL segment includes augmented and VR-related consumer hardware, software, and content. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram is a place where people can express themselves through photos, videos, and private messaging, and connect with and shop from their favorite businesses. Its RL products include Meta Quest virtual reality devices, as well as software and content available through the Meta Quest Store, which enable a range of social experiences.
Meta Platforms Inc. is -4.38% over the past month and +76.47% over the past year, underperforming the S&P 500 by -0.85% over the past month and +67.90% over the past year.
NVIDIA CORPORATION
NVDA. NVIDIA Corporation accelerates computing to help solve the computational problems. The Company has two segments. The Compute & Networking segment includes its data center accelerated computing platform; networking; automotive artificial intelligence (AI) cockpit, autonomous driving development agreements and autonomous vehicle solutions; electric vehicle computing platforms; Jetson for robotics and other embedded platforms; NVIDIA AI Enterprise and other software; and cryptocurrency mining processors (CMP). The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU (vGPU), software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and omniverse enterprise software for building and operating metaverse and three-dimensional Internet applications.
NVIDIA Corp. is +1.25% over the past month and +183.01% over the past year, outperforming the S&P 500 by +4.77% over the past month and +174.44% over the past year.
