A.I. Enthusiasm Spurs Premature Stock Advances, UBS Advises Caution

UBS analysts predict 72% annualized revenue growth in artificial intelligence over the next five years. The Swiss bank forecasts an 18% profit increase for the global technology sector in 2024, signaling a robust financial outlook despite potential market volatility. As the first quarter of the year concludes, U.S. stocks are on track to finish higher. […]

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