South China Morning Post · General

The AI sell-off is a taste of things to come

· By Nicholas Spiro
Story summary

There are good reasons for investors to be bullish about artificial intelligence (AI). The earnings of technology firms in the S&P 500 are expected to increase 54 per cent this year. For the index as a whole, profits will rise 33 per cent, turbocharged by the tech and energy sectors, data from FactSet shows. In Asia…

Read at South China Morning Post

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.

Your local edition.

Choose a timezone for story timestamps and date filters.