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Hot Topic DEALMAKERS
Market Outlook
4 mins to read

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.

Will Mace Mon, 08 Jul 2024

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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Will Mace Mon, 08 Jul 2024
Contact the Writer: william@nbr.co.nz
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Seeking value in a ‘bifurcated’, AI-driven market
Market Outlook,
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