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via finance.yahoo.comMarkets

Ed Yardeni says slowing AI boom is actually bullish for Big Tech

FROM THE WIRE · FINANCE.YAHOO.COM

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Big Tech has spent years pouring record sums into artificial intelligence. Now veteran strategist Ed Yardeni says hitting the brakes could be bullish. "I've had the view that a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe post-midterm rally showed a split between AI names and large platforms, relevant for Big Tech.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Dow surged 1,569 points Wednesday, its best day in over 18 months.
  2. 02Microsoft gained 6.7% and Amazon rose 6.1%.
  3. 03Nvidia fell 3.2% while CoreWeave sank 9.9%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Microsoft CorporationMSFTStock532.65 USD-0.61%today -0.61%Positive Amazon.com, Inc.AMZNStock262.31 USD+0.81%today +0.81%Positive NVIDIA CorporationNVDAStock189.19 USD+4.18%today +4.18%Negative CoreWeave, Inc. Class A Common StockCRWVStock44.77 USD+2.54%today +2.54%Negative Dow Jones Industrial AverageINDEX:DJIIndex51,530.28+0.69%today +0.01%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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