Could tech stocks be hijacking the U.S. stock market? As computer and software equities drive seemingly ever higher, with several marquee names such as Microsoft and Alphabet having doubled off levels seen just a few years ago, those companies are exhibiting more influence over the...
September 05, 2023
Artificial intelligence (AI) is more than just a buzzword. Goldman Sachs Group strategists argue that AI stocks have strong fundamentals and valuations that are not excessive compared to tech bubbles seen in the past, Bloomberg reported Tuesday (Sept. 5). Today’s AI companies are already profitable and generate cash. The release of OpenAI’s ChatGPT has fueled demand for generative AI, […]