How AMD, MongoDB, and Cloudflare Soared on AI-Powered Wings Last Month
The stock market as a whole had a pretty quiet month in May 2023. The S 500 market index traded sideways with a monthly gain of 0.3%, and the Dow Jones Industrial Average index fell by 3.5%.
But many companies with a tight connection to artificial intelligence (AI) broke that quiet trend. For example, these three AI-adjacent stocks posted massive gains last month, according to data from S&P Global Market Intelligence:
Source Fool.com
Dow Inc. Stock
€53.35
0.190%