Barclays Plc strategists advise buying AI stocks on any pullback as valuations remain reasonable. The expanding AI economy could fuel growth in the longer term.
The housing market is challenging, but there are some hopeful signs. RV sales are down, while accessory dwelling units are on the rise. Goldman Sachs has identified 24 stocks set to rally, but Wall Street investors are cautious about AI stocks. Jeff Bezos has bought Amazon stock, and Elon Musk is causing trouble for Goldman Sachs. Argentina's presidential frontrunner wants to ditch the peso for the dollar to combat inflation.
Stocks are expected to fall 15% due to AI hype overshadowing recession warning signals, warns Phillip Wool from $17bn asset manager Rayliant. Weak market breadth & rising interest rates also threaten stocks.
Discover three promising AI stocks to invest in for the long term, including Intel, Air Products and Chemicals, and Amazon. Learn about their competitive advantages in the world of artificial intelligence.
Oracle's strong earnings report has had a positive impact on AI-focused stocks like Palantir Technologies, C3.ai, Advanced Micro Devices, and Nvidia, with investors pleased to hear about the impact of AI on the company's cloud business. Mizuho Securities analysts have raised their price target on Oracle to $150, stating that investors are underestimating their growth potential. Adobe has also seen a rise of around 2%.
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?