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India has a great 'long-term growth story': WisdomTree CIO
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Nvidia (NVDA) is preparing for a 10-for-1 stock split on Friday after the market close, a move on the back of the chip giant surpassing a $3 trillion market cap. WisdomTree Global CIO Jeremy Schwartz joins Market Domination to discuss the AI race and what investors should expect from the stock split.
"We're very much believers in the AI story. We think the technology is really going to help the economy," Schwartz says. He believes that as the technology continues to develop, there will be broader participation benefitting companies across all kinds of sectors.
While many fear an AI bubble, he explains that the valuations of tech companies are not at the levels they were in the year 2,000. Tech remains more expensive than other sectors, however, he notes that earnings grow at a much faster pace.
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"We're very much believers in the AI story. We think the technology is really going to help the economy," Schwartz says. He believes that as the technology continues to develop, there will be broader participation benefitting companies across all kinds of sectors.
While many fear an AI bubble, he explains that the valuations of tech companies are not at the levels they were in the year 2,000. Tech remains more expensive than other sectors, however, he notes that earnings grow at a much faster pace.
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Follow Yahoo Finance on social: