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“Wall Street is quite good at creating supply to meet demand,” the famed short seller said in a dig at the ChatGPT-fueled mania around AI stocks.
“Our in-house US equity positioning shows retail investors remain on the sidelines despite the recent AI craze,” said one research firm.
InvestorPlace – Stock Market News, Stock Advice & Trading Tips A few stocks recently eclipsed the $1 trillion mark. A couple more attained $2 …
Wall Street is riding the wave of hype around artificial intelligence, and the gold rush may just be getting started.
“The vast majority of what we see continues to look positive and we expect more solid gains from stocks the rest of this year,” Ryan Detrick said.
The share of Americans that view stocks as the best long-term investment fell to 18% this year from 25% last year, the lowest level since 2011.
Younger investors should take advantage of the time they have on their side.
The S&P 500 finished higher after two sessions in the red and after weekly back-to-back losses. Traders were waiting for debt ceiling talks to resume.