16 beaten-down AI stocks that are beloved by BofA analysts

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The battered $24 billion hedge fund founded by former OpenAI researcher Leopold Aschenbrenner is unwinding many of its trades after big losses on artificial intelligence stocks and a bad bet against  software stocks left it scrambling to raise cash, according to people familiar with the matter. The prime brokers for the fund, Situational Awareness, have…

And the winner is… A high-stakes foreclosure dispute over Jeff Sutton’s Herald Square retail property at 29 West 34th Street has come to an end. The court-appointed receiver, Ian Lagowitz, will be discharged, and control of the property will be immediately returned to Jeff Sutton’s 29 West 34 Owner LLC, according to legal filings. On…

Gold falls back into the major $4300 support ahead of US CPI, as surging oil prices increase rate hike bets !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

If AI really is coming for the software industry, which companies have the best chance of making it through? This has been on my mind again this week after the gruesome acquisition of Airtable. This former SaaS startup darling was valued at more than $11 billion during the pandemic tech boom in 2021. It sells…