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via finance.yahoo.comMarkets

Bessemer Trust CEO constructive on markets despite tech volatility

FROM THE WIRE · FINANCE.YAHOO.COM

Disappointing earnings from Intel and Amazon add to a brutal week for the AI trade, fueling a flight into Treasuries. Bessemer Trust CEO Holly MacDonald breaks down where the firm sees pockets of opportunity in this market. Video Transcript 00:00 Speaker A What is kind of the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishManager commentary after a rough week for AI, with a flight into Treasuries.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Disappointing Intel and Amazon earnings weighed on the AI trade.
  2. 02A flight into Treasuries followed the equity weakness.
  3. 03Bessemer Trust CEO remains constructive on the economy and AI over time.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Amazon.com, Inc.AMZNStock239.78 USDMarket closedtoday -1.64%Negative Intel Corp.INTCStock64.45 USDMarket closedtoday -30.00%Negative Alphabet Inc.GOOGLStock279.22 USDMarket closedtoday -1.62%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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