AI will continue to power market rally: BlackRock

) closed higher for the 36th time in 2024 on Tuesday. The tech heavy index can attribute much of its gains from the AI sector as about 30% of its value comes from the Magnificent 7 group of tech stocks. According to ajoins Catalysts to break down the report and what investors can expect for the AI hype train moving forward as the market rally chugs along.S and P 500 just noting its 36th record close of the year on Tuesday and it's moving higher still today.

And you can see for example, utilities, we've talked a lot about you guys year to date utilities ETF is up more than 8% last year.A lot of this has to do with powering the A I data centers, the electrification of the US.So by broadening out, they're meaning that this is broadening into other sectors that are going to benefit from that A I adoption and build out.

AI is effectively ‘useless’—and it’s created a ‘fake it till you make it’ bubble that could end in disaster, veteran market watcher warns

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Why bad news is good news in a bull market: Stocks in TranslationThe major indexes (^DJI,^GSPC, ^IXIC) are in a record-smashing year as bullish calls on the S&P 500 pile up. RBC recently revised its S&P 500 (^GSPC) target ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Megacaps, S&P 500 moves, second half of 2024: Market TrendsMegacap stocks like Nvidia (NVDA) and Amazon (AMZN) continue to dominate the conversation on Wall Street. Surprisingly, the S&P 500 (^GSPC) is still making...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Nvidia falls for third day, S&P 500 follows: Market TakeawayThe S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) fell from their record highs seen last week as Nvidia (NVDA) sank for its third session in a row, losing...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Stock market: S&P 500, Nasdaq move higher at openThe S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) open Thursday higher, while the Dow Jones Industrial Average (^DJI) initially hovers below its flat line at ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »