Reported 12 months ago
The S&P 500 experienced a bull market and achieved record highs in the first half of the year, with technology stocks focused on artificial intelligence (AI) leading the charge. Major players like Nvidia, Amazon, Meta Platforms, and Microsoft significantly contributed to the market gains. As the AI industry shows potential to transform operations and boost earnings in the future, analysts predict growth from the current $200 billion AI market to over $1 trillion by the end of the decade. With AI companies poised for further developments and revenue growth, there is optimism surrounding AI stocks in the second half of the year and beyond.
Source: YAHOO