Business & Finance
State Street Says Any Tech Weakness Is Chance to Rebuild
Key Points
State Street Equity Research Head Marija Veitmane says she remains constructive on technology stocks, arguing that the sector’s strong earnings and profitability tell a favorable story despite the conversation about slowing down development of cutting-edge artificial intelligence models. "We strongly suspect that regulation is very likely to be kind of more supportive for larger companies," Veitmane tells Bloomberg Television.
State Street Equity Research Head Marija Veitmane says she remains constructive on technology stocks, arguing that the sector’s strong earnings and profitability tell a favorable story despite the conversation about slowing down development of cutting-edge artificial intelligence models. "We strongly suspect that regulation is very likely to be kind of more supportive for larger companies," Veitmane tells Bloomberg Television. (Source: Bloomberg)