News

Business

On HALO

1 week ago

'AI has taken all the air out of the room': Analyst sounds caution on red-hot market rally

A finance expert is urging investors to look beyond the artificial intelligence trade after a massive rally in technology stocks, arguing that future market gains may come from other areas of the economy.UBS Managing Director and Senior Portfolio Manager Jason Katz joined FOX Business' "Varney & Co." host Stuart Varney to discuss market leadership, the outlook for consumers and where investors may find opportunities if enthusiasm around AI begins to cool.Artificial intelligence has driven much of the stock market's gains over the past several years as companies race to build data centers,...