Reported about 10 hours ago
Marvin Loh, senior global macro strategist at State Street, suggests that investors maintain their positions in AI stocks as the technology sector stands to benefit from the Federal Reserve's rate cuts. He highlights the robust earnings growth of tech companies and their resilience in the current market, emphasizing that AI will continue to fuel higher valuations. Investors are encouraged to be patient as the sector's growth story unfolds.
Source: YAHOO