Reported 8 months ago
Investor Steve Eisman expresses optimism about the U.S. economy's resilience, attributing its dynamism to the advancement of artificial intelligence and infrastructure projects overpowering Fed rate hikes. Eisman highlights the potential growth in tech companies like Apple, Microsoft, and Alphabet due to the AI trend, particularly emphasizing the significance of holding on to Apple stocks as a central figure in the tech narrative. However, he also raises concerns about the software sector potentially derating in the face of successful AI developments.
Source: YAHOO