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In the ever-evolving landscape of artificial intelligence (AI), Google Bard, developed by tech giant Alphabet (GOOGLE), has emerged as a prominent player. This large language model (LLM) has garnered attention for its ability to predict future trends, particularly in the stock market. As AI continues to advance, individuals are turning to models like Google Bard to gain insights into potential investment opportunities. Nvidia (NVDA) Nvidia, a semiconductor company renowned for its graphics processing units (GPUs), has secured a top spot on Google Bard’s list of stock picks for 2024. These GPUs are integral to gaming, artificial intelligence, and more. With the gaming industry worth billions, Nvidia is a leading provider of GPUs for gaming PCs and consoles.  Furthermore, it’s well-poised to capitalize on the growing popularity of cloud gaming, allowing gamers to enjoy their favorite titles without expensive hardware. Despite a recent 7.27% decline, the company’s fundamentals remain robust. Nvidia’s GPUs also play a pivotal role in AI applications like machine learning and deep learning, utilized by businesses and governments worldwide. The company is diversifying into data center computing and self-driving cars, further expanding its reach. Adobe (ADBE) Adobe, a software giant, offers an extensive suite of creative products, including Photoshop, Illustrator, and Acrobat. Google Bard predicts that Adobe will benefit from the ongoing shift toward digital content creation and the growing popularity of subscription-based software models. As the rise of social media, e-commerce, and streaming video fuels digital content creation, Adobe’s creative products are in high demand. Despite a recent 2.66% decline, the company experienced an impressive 11.1% increase in the last 30 days. Adobe’s subscription-based model provides flexibility to customers, driving recurring revenue and reducing customer churn. Datadog (DDOG) Datadog, a cloud-based monitoring and analytics platform, is poised to thrive in an environment of continuous cloud computing growth…

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Filed under: News - @ October 22, 2023 1:22 am