June S&P 500 E-Mini futures (ESM24) are trending down -0.11% this morning as market participants geared up for the next round of quarterly results and awaited more comments from Federal Reserve officials....
It was a tough month for AI tech stocks as inflation fears were rekindled and a few bellwethers reported earnings that couldn't live up to expectations.
June S&P 500 E-Mini futures (ESM24) are up +0.24%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.18% this morning as market participants looked ahead to a fresh batch of corporate earnings reports...
Eventually, reality will catch up with this overhyped tech company.
So much AI potential can be had for under $1,000.
Results by one of the standard-bearers for the AI movement set the stage for a broader pullback in the space.
Arm Holdings benefits from a positive virtuous cycle that could drive long-term growth.
Nvidia bought this stock when it went public last fall.
Nvidia invested in both companies late last year.
These AI-related stocks rebounded on the back of massive AI spending plans from big tech giants.