We recently published a list of Top 10 Must-See AI News And Ratings For Investors. In this article, we are going to take a look at where BlackSky Technology Inc. (NYSE:BKSY) stands against other top must-see AI news and ratings for investors.
A high US inflation print has diminished hopes of interest rate cuts by the Federal Reserve, which triggered a downdraft in the US stock markets as the S&P 500 index fell 0.27% to 6051.97 on February 12th, led by share price declines witnessed by several of the magnificent seven companies.
Meanwhile, industry experts are forecasting that DeepSeek’s open-source nature and low fees could drive AI adoption and the development of real-life applications for the technology, which could enable Chinese firms to overcome US export limitations on their powerful chips. Furthermore, dozens of Chinese firms across industries are mulling the integration of DeepSeek’s AI model into their products and business operations.
“This development is very much aligned with the capability of Chinese AI chipset vendors,” said Lian Jye Su, a chief analyst at Omdia. “Chinese AI chipsets struggle to compete with Nvidia’s GPU (graphics processing unit) in AI training, but AI inference workloads are much more forgiving and require a lot more local and industry-specific understanding.”
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A satellite in mid-flight with its solar panels capturing the sun’s rays.
BlackSky Technology Inc. (NYSE:BKSY)
Number of Hedge Fund Holders: 7
BlackSky Technology Inc. (NYSE:BKSY) offers an advanced space-based intelligence platform for real-time satellite imagery, analytics, and high-frequency monitoring of economic assets, important locations, and global events for government and commercial customers. The company leverages AI-enabled systems for object detection, geospatial data processing automation, and extracting actionable intelligence at industry-leading speeds.
On February 13th, BlackSky Technology Inc. (NYSE:BKSY) announced securing multi-year contracts to speed up the development of India’s commercial Earth observation abilities by offering subscription-based Assured access to its low-latency, high-cadence imagery and AI-enabled analytics services. The deals include the delivery of a high-resolution Earth observation satellite, launch support operations, and on-orbit maintenance services.
“Contributing to the development of India’s commercial Earth observation capabilities is an immense honor, and we look forward to supporting our customer’s upcoming launch and on-orbit operations. BlackSky’s combined offering will provide India immediate foresight into critical events impacting the nation as it continues to expand its sovereign space capabilities over the next few years,” said CEO Brian O’Toole.
Overall, BKSY ranks 4th on our list of top must-see AI news and ratings for investors. While we acknowledge the potential of BKSY as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BKSY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
