'More room to run' for AI-related stocks, market expert says

1 month ago 1
ARTICLE AD BOX
STORY: AI hype has helped push U.S. stocks to fresh records this year.OpenAI CEO Sam Altman recently said investors were "overexcited about AI." Tech firms including Meta and Microsoft are spending liberally on their AI plans, and even if they are starting to see the green shoots of returns, the same cannot be said about most other companies.Leading AI chip maker Nvidia reports earnings after the market close on Wednesday. While investors and analysts expect Nvidia to outperform market expectations, a key question is - by how much? As revenue growth slows, the company is beating estimates by smaller and smaller margins.
Read Entire Article