Posted 1/7/2024, 12:48:00 PM
Stocks Soar in 2023 on AI Boom, Duolingo and Palo Alto Networks Lead Gainers
- The stock market had a great year in 2023, up over 26%, and is nearing a new all-time high
- Artificial intelligence was the hottest investment theme, led by Nvidia stock gaining 239%
- Palo Alto Networks provides AI-powered cybersecurity and saw 114% stock gains in 2023
- Duolingo uses AI to transform language learning; its stock soared 219% last year
- Both Palo Alto and Duolingo have strong growth runways in 2024 from increased AI adoption