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US Markets Wrap: AI at a Crossroads
Published 10 months ago
Description
Wall Street’s hottest trades are cooling. Stocks fell again as AI-linked names continued to retreat, bitcoin flashed weaker risk appetite, and a Cloudflare outage reminded investors how vulnerable the digital ecosystem can be. Investors are now questioning whether the AI momentum trade is losing steam. Steve Sosnick, Chief Strategist, Interactive Brokers discusses whether this is a temporary pullback or an early shift in market sentiment as we head toward key earnings from Nvidia and Walmart along with an overdue Payrolls report.
Produced/Presented: Ryan Huang
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