Alphabet's stock falls
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Key PointsMeta Platforms is going all-in on AI.This strategy should provide the company with significant growth opportunities.Meta Platforms' revenue, earnings, and stock price could double in the next five years.
The S&P 500 and Nasdaq traded near all-time highs at midday as a strong earnings report from Alphabet lifted big tech stocks.
Donald Trump's call for US dominance in AI could usher in the new industrial revolution according to analyst Dan Ives. The analyst picks six stocks set to benefit.
Palantir and BigBear.ai have handily beat the broader market this year, but one looks like the better opportunity for long-run investors.
Hedge funds focused on Chinese equities posted double-digit returns in the first half of the year, outperforming global peers, fuelled by a rebound in Hong Kong stocks and bets on artificial intelligence and "new consumption" firms.