AI will power the stock market for the next decade, former Cisco CEO says
Publishing timestamp: 2024-05-22 06:19:33
Summary
Former Cisco CEO John Chambers predicts that artificial intelligence will power the stock market for the next decade, with AI-related stocks likely outperforming non-AI stocks. Nvidia's stock has soared due to increased demand for AI-related products. The transformation brought by AI is expected to create more value-added roles and drive growth in companies that adopt AI early. The stock market has seen significant movement in the past year due to AI, with European stocks also showing positive trends.
Sentiment: POSITIVE
Keywords: breaking news: technology, nasdaq composite, markets, breaking news: markets, stock markets, s&p 500 index, business news, nvidia corp, technology,