Is the AI trade losing steam?

Major AI players like Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOG, GOOGL) are down 13 to 17% for the month as the tech sector's AI trade seem to be losing their luster after reaching record heights earlier in the year. Can the AI trade turnaround or is the AI hype beginning to stall?
Yahoo Finance Tech Editor Dan Howley joins Catalysts to give insight into the AI trade and what investors should know moving forward.
#youtube #AI #news

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:

[DonaldStokes-p]

AI stocks are expected to lead in 2024, and I’m leaning towards NVIDIA because of its strong long-term growth potential and its support for other AI firms. I’ve heard of someone who saw a 200% gain with NVIDIA. I’ll also take a look at the other recommendations you suggested.

[Aarrenrhonda]

AI Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

[sidinhasol]

Nice video AI is a good team, Traders show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. Their dedication to continuous learning is inspiring. I'm especially grateful to Shea Ardolf, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[MaxYields]

AI is the future. Invest on weakness and fear🚀

[marshinz]

Why back AI when it has NO BUYING POWER, and it will cost jobs, which causes even less Consumer spending?

[ericsynchrona]

Not only is AI losing steam, they're losing to VIDEO GAMES on steam..

[HannahRoberts-sg]

Praise to God Almighty!!!! I'm favoured $150k every 4weeks! I can now give back to the locals in my community and also support God's work and the church. God bless America 🇺🇲💗💓💗💞

Thanks to Maksim konstan

[ns]

let crypto fail! let crypto fools fail!

In efficient markets, SCAMS always fail. What's hard about this?