Business AI mania could make it hard for the Fed to cut interest rates, top economist says March 27, 2024 2 mins read 316 Views We are absolutely in an AI bubble, and the side effect of that is that when tech stocks go up, it eases financial conditions, Torsten Slok said. Read More
Politcal Why JPMorgan's trading desk just reversed course and turned bullish on stocks February 6, 2024 2 mins read 297 Views Tech stocks have rallied in spite of hawkish Fedspeak, and a bevy of strong economic data is good news for future revenue growth. Read More
Politcal Forget the sell-off - Tech stocks have a 'springboard for growth' into 2024 that Wall Street has underestimated September 28, 2023 2 mins read 298 Views Strong third-quarter earnings reports will be a sneak preview of a coming 2024 rebound for tech stocks, Wedbush Securities' Dan Ives wrote. Read More
Politcal The AI gold rush could spark a 15% rally in tech stocks through the rest of the year as firms shell out $800 billion in the arms race, Wedbush says June 27, 2023 2 mins read 264 Views Paper Boat Creative/Getty ImagesThe wave of spending on artificial intelligence could spark a 15% rally for tech stocks, Wedbush said.Analysts.. Read More
Business The AI boom could fizzle out soon - but that'll just be an opportunity to buy the dip, Barclays says June 22, 2023 2 mins read 392 Views Tech stocks have started 2023 on a tear, powered higher by a massive surge in interest in AI.Getty ImagesStocks' AI-fueled boom could experience a.. Read More