Seeking value in a ‘bifurcated’, AI-driven market
ASB investment committee member Frank Jasper notes that US ‘megacap’ tech companies are skewing the market.
WATCH: ASB investment committee member Frank Jasper speaks with Will Mace.
The first half of 2024 has been characterised by a bifurcated investment market, where tech companies exposed to artificial intelligence are seeing a disproportionate levels of gains.
Nvidia, Microsoft, Amazon, Meta, and Apple have been the engines driving the S&P500 and Nasdaq indexes higher as US
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