The IDC Worldwide Semiannual Artificial Intelligence Tracker shows worldwide artificial intelligence (AI) revenues surpassing $300 billion in 2024, with a five-year compound annual growth rate (CAGR) of 17.1%. The analysts go on to say: “Rising demand for expertise in embedding AI-enabling technologies into business analytics and intelligent automation programs has led to a highly competitive... Continue Reading →
Why the FAANGs are soaring and can they keep flying?
In an environment which is currently difficult for UK income investors, it’s tempting to look overseas for income or growth. That’s part of the reason why FAANG stocks are increasingly popular both here and in the US, with their share prices soaring so far this year. Investors have very high expectations for the shares and... Continue Reading →