Guess what? The hype machine is back in the market, this time focused on the exciting new world of Artificial Intelligence (AI). Some of the intelligence is artificial indeed, with any company that has “AI” in its name trading higher this month, regardless of what AI stands for!
There’s nothing more dangerous than a market that is chasing the Next Big Thing. Momentum traders have a field day, but the good ones know when to get out of the way. For investors, scrutiny is needed.
Together with Justine Brophy of AnBro Capital Investments, we took a deeper look at AI and what it practically means for investors. This is a great follow-on from our recent Magic Markets Premium report on Microsoft, a company at the forefront of this new technology.
Episode 111 of Magic Markets is brought to you by AnBro Capital Investments, an authorised Financial Services Provider FSP number 48371.