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Retail investors are flocking back to the stock market, drawn by the hype around AI, with Nvidia taking centre stage. The US debt ceiling resolution further encourages investors, with a three-month high of $1.36bn inflow seen over the last week. Economic data, bullish sentiment, blue-chip, and small-cap stock purchases are all positive signs. The AI trend shows no sign of slowing, and with the retail influx yet to reach concerning levels, the outlook looks positive, despite fears of an impending recession.
Discover the potential of AI in the financial industry with the latest success of ChatGPT outperforming leading UK investment funds in a stock picking compeition. With an AI portfolio of over 30 stocks recording a gain of 4.9%, Finder's CEO Jon Ostler issued a warning against relying solely on AI for stock prediction. Learn more about the ChatGPT revolution and how to seek qualified financial advice.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?