#Analysts at #JPMorgan believe it is too soon to rotate out of artificial intelligence #stocks, #despite the recent concerns.
Shares of tech companies dipped recently due to concerns around the potential air pocket in the AI infrastructure build out. As a result, there was a steep sell off for AI #levered companies in JPMorgan’s #coverage.
“While the debate around how long the AI infrastructure build-out will continue before a pause is always on top of investor minds, #Nvidia (NASDAQ:#NVDA)’s upcoming product transition has become the latest flashpoint in the concern around an air pocket in the near-term even as investors seem more broadly convinced about the long-term drivers of the AI spend over a multiyear period,” explained analysts. “Within these concerns, #investors are also increasingly looking at some of the non-AI and #macro levered companies to rotate out of the AI group.”
#However, #JPMorgan feels that the optimism about rotating into non-AI on account of a recovery is too early to be justified based on the current data and early 1Q earnings reports.
#Thebank stated: “In relation to the challenged verticals in the form of Telecom and Enterprise, we are yet to see material changes in the spending intent to raise hopes of a recovery, while Consumer spending appears to be at a trough and plateauing, but hardly showing any signs of rebound.”
.
.
#everyday_information #forex #option #Binary_Option #trading #trader #goldstocks #forextrader #fx_trade_time #fxttime #USDollar #euro #JPY #GBP #chfcurrency
#dubai #UAENews #ksasaudiarabia #Syrian #iraq #kuwait #jordan #morocco #Libya #tunisia #algerian #Egypt #qatar #lebanon
#كل_يوم_معلومه #فوركس #خيارات_ثنائيه #تداول_عملات #بورصه #ذهب #فوركس_تريد_تايم #اف_اكس_تريد_تايم #دولار #يورو
#دبي #امارات #السعوديه #سوريا #العراق #الكويت #الاردن #المغرب #ليبيا #تونس #الجزائر #مصر #قطر #لبنان
.
www.fxttime.com/trade