North Star Asset Management
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- Nasdaq 100 rises as AI trade revives after rout
The Nasdaq 100 climbed as the AI trade revived after a rout, with a rally in giant chipmakers buoying the stock market as dip buyers emerged, Bloomberg Technology reported. Those buyers are betting the artificial-intelligence investment boom will continue to support solid earnings, according to the report. Nimrit Kang, chief investment officer at North Star Asset Management, discussed a growth scare amid an earnings-driven rally.
Bloomberg Technology · 🔥 9
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