US Market Outlook: Is it time to secure profits with the biggest AI-related stocks? The Dow Average started at $12 higher
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Market Overview
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 12.58 dollars to 39357.37 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18465.02 with a 61.28 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 11.39 points higher at 5584.24.
The US market started, and the Dow Jones Industrial Average, which consists of excellent stocks, rose 12.58 dollars to 39357.37 dollars, and the Nasdaq Composite Stock Price Index, which has a high high-tech stock ratio, began at 18465.02 with a 61.28 point increase. The S&P 500 average, which consists of stocks of 500 major US companies, is 11.39 points higher at 5584.24.
Top news
Concerns about AI
● Citigroup strategists argue that now is the time to determine profits in response to optimistic views on stocks, especially stocks related to AI. Sentiment against AI-related stocks has been strongest since 2019, and free cash flow for most of these companies is expected to exceed analysts' expectations.
● According to the City team led by Drew Pettit, such numbers usually suggest “a significant increase in volatility.” Also, there may be no signs of an overall price bubble, but it is said that the rise in some stocks is a “cause for concern.”
● Their warning is that AI will push stock prices to all-time highs, $NVIDIA(NVDA.US$ It was launched after it temporarily became the most valuable company in the world.
● Citigroup strategists argue that now is the time to determine profits in response to optimistic views on stocks, especially stocks related to AI. Sentiment against AI-related stocks has been strongest since 2019, and free cash flow for most of these companies is expected to exceed analysts' expectations.
● According to the City team led by Drew Pettit, such numbers usually suggest “a significant increase in volatility.” Also, there may be no signs of an overall price bubble, but it is said that the rise in some stocks is a “cause for concern.”
● Their warning is that AI will push stock prices to all-time highs, $NVIDIA(NVDA.US$ It was launched after it temporarily became the most valuable company in the world.
Chairman Powell's Testimony
●While US stocks are at record highs, Powell testifies at the Capitol.
●He will face a “double punch” between the Democratic Party and the Republican Party. The Democratic Party criticized the Federal Reserve's failure to cut interest rates, and the Republican Party is dissatisfied with the new banking regulations that increase necessary capital.
●Furthermore, the number of people employed in the non-farm sector in June and Mr. Powell's interpretation of the job market are also points of interest.
●While US stocks are at record highs, Powell testifies at the Capitol.
●He will face a “double punch” between the Democratic Party and the Republican Party. The Democratic Party criticized the Federal Reserve's failure to cut interest rates, and the Republican Party is dissatisfied with the new banking regulations that increase necessary capital.
●Furthermore, the number of people employed in the non-farm sector in June and Mr. Powell's interpretation of the job market are also points of interest.
Questions about diversified investment
● According to financial planners and market experts who responded to coverage by Bloomberg Businessweek magazine, the fact that stock profits are concentrated in AI stocks should be a reason for investors to check the extent of diversified investment.
● This is particularly relevant given that interest rates on bonds have risen and portfolio rebalancing has become more attractive.
● “For investors who earn a lot of profit from stocks and especially high-tech stocks, now is a great opportunity to secure a risk-free return on cash of 5% or more,” says Bankrate.com's chief financial analyst Greg McBride.
● According to financial planners and market experts who responded to coverage by Bloomberg Businessweek magazine, the fact that stock profits are concentrated in AI stocks should be a reason for investors to check the extent of diversified investment.
● This is particularly relevant given that interest rates on bonds have risen and portfolio rebalancing has become more attractive.
● “For investors who earn a lot of profit from stocks and especially high-tech stocks, now is a great opportunity to secure a risk-free return on cash of 5% or more,” says Bankrate.com's chief financial analyst Greg McBride.
Has the semiconductor market just begun? Carefully selected by Wall Street! Which stocks still have a lot of room to rise?
Due to artificial intelligence (AI) fervor, the Philadelphia Semiconductor Stock Index has risen 38% this year, significantly surpassing the S&P 500. According to Bank of America, it is traded at a level 4 to 5 times higher than the S&P 500 index. Still, are there still investment opportunities in semiconductor stocks?
Due to artificial intelligence (AI) fervor, the Philadelphia Semiconductor Stock Index has risen 38% this year, significantly surpassing the S&P 500. According to Bank of America, it is traded at a level 4 to 5 times higher than the S&P 500 index. Still, are there still investment opportunities in semiconductor stocks?
— MooMoo News Zeber
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Source: moomoo, Bloomberg
This article uses automatic translation for some of its parts
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Mackye : Is it a prepared sales incitement article? It seems like Citigroup is the only concern about AI