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Kiplinger
Kiplinger
Business
Karee Venema

AI vs the Stock Market: How Did Tech Stocks, Palantir and Albemarle Perform in May?

An illustration of a robotic hand manipulating a line graph, symbolizing the impact of AI on data processing in industries like insurance.

As its uses grow, so does our dependence on artificial intelligence (AI). Large language models are now helping us with almost everything in our daily lives, from tackling to-do lists to detecting diseases to picking stocks to buy.

It's that last one that is the focus of this article. Given AI's ability to analyze massive amounts of data in a very short amount of time – a feature that requires an enormous amount of energy – the technology is a natural fit for investors, traders, asset management firms and the like.

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