HomeBusinessFinance Sector Stock NewsI've Got A.I. Fever & The Only Prescription Is Big Tech Investing

I've Got A.I. Fever & The Only Prescription Is Big Tech Investing

Tech profit growth is expected to slow in 2023, notes Dan Morgan. He and Gene Goldman discuss the major takeaways from big tech earnings. Dan mentions that Alphabet (GOOGL) ad revenue beat analyst expectations but fell from the year prior. They go over how it seems like everyone's buying stocks related to the A.I. fever to chat bots and then with tech it's a big rotation to sort of these safety stockings. They also talk about how investors should be cautious about earnings going forward as there could be more choppiness ahead. Tune in to find out more about the stock market today.

Trading 360

28 Apr 2023

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