Treasury Secretary Scott Bessent says he hopes Fed officials keep an “open mind” on further rate hikes, pointing to the 1990s under Alan Greenspan as a precedent for letting strong growth run.
(Original source: @IngrahamAngle)
JPMorgan Chase ($JPM) CEO Jamie Dimon said artificial intelligence will eliminate some jobs, change others and create new ones, but warned that the speed of the transition could become a major social problem.
Dimon said businesses cannot simply ignore AI because competitors and
Dan Ives (@DivesTech) says investors are underestimating a $4T tech spending wave, led by $NVDA, $MSFT, $PLTR, $AAPL and $CRWD.
For ETF exposure, XLK is the most concentrated in his picks, while QQQ offers a broader AI basket.
Amazon founder Jeff Bezos says he prefers “super intelligence” to “artificial intelligence,” saying the word “artificial” carries a negative connotation.
“Nobody wants an artificial sweetener or artificial flavoring.”
