Reported about 8 hours ago
Investors were disappointed with Nvidia's earnings report and Salesforce's forecast, which raised concerns about the future growth of the AI sector. Nvidia's performance did not meet expectations, causing hesitance regarding spending on AI technologies. Salesforce also indicated a slower path for its AI initiatives, suggesting a less robust AI trade compared to previous years. Analysts believe that while there may be a dip in AI enthusiasm, long-term growth potential remains, contingent upon better adoption and returns from AI investments.
Source: YAHOO