The Nasdaq Bounces Back: 2 Artificial Intelligence (AI) Stocks to Buy Before They Soar
The tech-laden Nasdaq Composite index has been under pressure this year and is slightly in the red as of this writing. This is due to weakness in technology stocks on account of the tariff-fueled turmoil and other factors such as questions surrounding the viability of huge investments being made in artificial intelligence (AI) infrastructure.But a closer look at the recent action indicates the index has made a strong comeback. The Nasdaq has bounced 18% higher in the past month. This solid turnaround can be attributed to a string of robust quarterly reports from companies making the most of the proliferation of AI, as well as positive developments on the tariff front that indicate the trade war could be cooling off.Image source: Getty Images.Continue reading
The tech-laden Nasdaq Composite index has been under pressure this year and is slightly in the red as of this writing. This is due to weakness in technology stocks on account of the tariff-fueled turmoil and other factors such as questions surrounding the viability of huge investments being made in artificial intelligence (AI) infrastructure.
But a closer look at the recent action indicates the index has made a strong comeback. The Nasdaq has bounced 18% higher in the past month. This solid turnaround can be attributed to a string of robust quarterly reports from companies making the most of the proliferation of AI, as well as positive developments on the tariff front that indicate the trade war could be cooling off.
Image source: Getty Images.
