We recently compiled a list of the 14 AI News That Broke The Internet This Week. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other AI stocks that broke the Internet this week.
The World Trade Organization (WTO) recently released a report that examines how artificial intelligence may shape the future of international trade. The report projects global real trade growth could rise by nearly 14 percentage points by 2040 under optimistic scenarios of universal AI adoption, but only 7 percentage points under uneven adoption. Digitally delivered services could grow 18 percentage points in the best-case scenario. While high-income economies may gain the most productivity, lower-income economies stand to reduce trade costs more effectively, it contends.
Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.
However, the report also warns of growing AI divides, data governance challenges, and intellectual property concerns. It advocates for global coordination through the WTO to address these risks and ensure AI fosters inclusive, equitable trade. Based on the conclusions drawn from the report, WTO underlines that AI has the potential to reduce trade costs, reshape service trade, increase AI-related goods and services trade, and redefine comparative advantages across economies.
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For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A development team working together to create the next version of Windows.
Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 279
Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. On November 28, the company announced a new AI training initiative in Poland that will provide one million people with competencies in the field of artificial intelligence by the end of 2025. The tech giant detailed in a blog post that the new program is a continuation of Microsoft’s investment in the development of the Polish Digital Valley, under which the company has already trained over 430,000 IT specialists, business representatives, partners and students, and opened the cloud computing region Azure Poland Central.
Overall, MSFT ranks 2nd on our list of the AI stocks that broke the Internet this week. While we acknowledge the potential of MSFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MSFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.