Bigger Picture: As Nvidia stocks fall, is AI still the way to go in the markets?
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U.S. stocks rose Thursday as stronger-than-expected growth data helped to push back against fears of a severe slowdown in the American economy. The Dow Jones Industrial Average climbed to a record, supported by gains in Goldman Sachs, Intel and Visa. But on the other hand, investors are also struggling with Nvidia’s recent results, with the AI darling stock falling 6.4%. Yeap Junrong speaks to Phan Vee Leung, CIO for TrackRecord.See omnystudio.com/listener for privacy information.
Bigger Picture: As Nvidia stocks fall, is AI still the way to go in the markets?