Citigroup downgrades US stocks; SVB Financial sues FDIC; ChatGPT faces class action lawsuit. A cautious market outlook, legal battles, and AI concerns shape the economic and technological landscape. Discover more.
Market strategists suggest that the recent stock market rally may not be over yet, with potential for more gains. Economic data and lower inflation have been driving the uptrend, while investor positioning remains largely conservative. Strong starts to the year often lead to above-average returns, according to analysts, with high-quality bonds and small- and mid-cap equities presenting attractive opportunities. Investors should be wary of possible risks, but a market crash is not expected.
Goldman Sachs predicts that AI will not only impact the tech sector, but also boost economic productivity and corporate earnings. Find out the 24 AI-benefiting stocks here.
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?