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Stalled AI Rally Has More Eyeing Old-Guard Stocks

Stalled AI Rally Has More Eyeing Old-Guard Stocks
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Stalled AI Rally Has More Eyeing Old-Guard Stocks Growing doubts about sustainability of the AI rally are pushing more investors toward old-economy stocks, according to the latest Markets Pulse survey. Of the 221 respondents to the latest poll conducted June 22-July 2, 53% said they are inclined to buy more traditional company shares — and take gains from the tech-stock surge — heading into the last six months of the year.

Stalled AI Rally Has More Eyeing Old-Guard Stocks Growing doubts about sustainability of the AI rally are pushing more investors toward old-economy stocks, according to the latest Markets Pulse survey. Of the 221 respondents to the latest poll conducted June 22-July 2, 53% said they are inclined to buy more traditional company shares — and take gains from the tech-stock surge — heading into the last six months of the year.
AI Rally Has More Eyeing Old-Guard (ORG) AI (ORG) Markets Pulse (ORG)
Originally published by Bloomberg Technology Read original →