28.01.2025 10:06:00
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Billionaire Stanley Druckenmiller Has Been a Big-Time Seller of Nvidia and Palantir in Favor of 2 Other High-Flying Artificial Intelligence (AI) Stocks
This year has begun in much in the same way as the previous two: with the bulls firmly in charge. Last week, the widely followed S&P 500 officially erased a 5% pullback and blasted its way to another record-closing high.Catalysts haven't been hard to come by on Wall Street, with better-than-expected corporate earnings, a tamer prevailing rate of inflation, and Donald Trump's November victory -- all three major stock indexes soared during Trump's first term in the White House -- lighting a fire under equities. But at the top of the pecking order in terms of catalysts has been the ascent of artificial intelligence (AI).Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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