Stocks and AI: Expectations need time to adjust

The “magnificent seven” powered the major indexes higher in the first half of the year, mainly thanks to investor excitement surrounding AI. Citigroup U.S. Equity Strategist Scott Chronert spoke with Yahoo Finance Live anchors Julie Hyman and Brad Smith about AI enthusiasm and the stock market. Chronert says AI will be “an important part of the narrative going forward, but expectations, I think, we just have to give them room to adjust.”
#AI #youtube #stockmarket
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