Investors turn less bullish on S&P 500 amid inflation, geopolitical risks- Citi
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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It's too soon to rotate out of AI winners - JPMorgan
April 23, 2024 8:26 AM EDTAnalysts at JPMorgan believe it is too soon to rotate out of artificial intelligence stocks, despite the recent concerns.
Shares of tech companies dipped recently due to concerns around the potential air pocket in the AI infrastructure build out. As a result, there was a steep sell off for AI levered companies in JPMorgan's... More
