Business & Finance
Nasdaq 100 Climbs on AI Trade Revival After Rout
Key Points
A rally in giant chipmakers buoyed the stock market as dip buyers emerged on bets the artificial-intelligence investment boom will continue to support solid earnings. Nimrit Kang, CIO at North Star Asset Management, discusses a growth scare amid an earnings-driven rally.
A rally in giant chipmakers buoyed the stock market as dip buyers emerged on bets the artificial-intelligence investment boom will continue to support solid earnings.
Nimrit Kang, CIO at North Star Asset Management, discusses a growth scare amid an earnings-driven rally. (Source: Bloomberg)