Model Depot - Future: The AI boom is generating new profiteers
Shares in the healthcare and energy sectors have performed positively. Companies from both areas can together fill an important AI gap.
Several companies are emerging as winners in the AI boom, including healthcare firms and energy providers. In the healthcare sector, Veeva Systems, Tempus AI, and Oxford Nanopore are benefiting from AI-related activities such as data evaluation, AI tool sales, and providing a foundation for new models. Veeva Systems reported a quarterly revenue of $928 million, beating analyst expectations, while Tempus AI raised its full-year revenue forecast to $1.6 billion.
Energy providers like Constellation Energy and Vistra Corporation are also gaining from the growing electricity demand of AI infrastructure, with Constellation raising its annual profit forecast and Vistra announcing a share buyback plan. Uranium company Cameco has been added to a portfolio, with its stock seen as a promising investment due to its dominant position in primary uranium production and recent acquisition of Westinghouse Electric.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
