The next steps for the artificial intelligence boom are starting to come into shape, according to Goldman Sachs, and some of the stocks involved may still be cheap relative to their potential. Ryan Hammond of Goldman’s portfolio strategy research team said in a March 14 note to clients that the AI trade still has room … Read more
In this photo illustration, the logo for the US tech firm “Block” is displayed and reflected in a number of digital screens on March 03, 2023 in London, England. Leon Neal | Getty Images Check out the companies making headlines in extended trading. Intuit â Shares pulled back roughly 1% after the financial software company … Read more
Manufacturing PMI exceeds economists’ expectations A purchasing managers index focused on the manufacturing industry came in higher than economists expected on Thursday. S&P Global’s flash U.S. manufacturing PMI climbed to 51.5 in February â a 17-month high from 50.7 the prior month. Economists polled by Dow Jones had anticipated the index would come in at … Read more
