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How the AI boom has changed the playbook for equity investors

How the AI boom has changed the playbook for equity investors
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Ahead of Market: 10 things that will decide stock market action on Thursday​Wall Street's major indexes extended declines on Wednesday, as technology stocks remained under pressure and renewed tensions between the United States and Iran overshadowed a tame inflation reading. Volatility has picked up across stock markets in recent days, as investors contend with a widening array of risks, including high valuations in the tech ‌sector, escalating Middle East tensions ⁠and ⁠expectations that the Federal Reserve may need to hike interest rates to curb inflation. The CBOE Volatility Index rose 1.84 points to 21.73, after hitting its highest level since ​April 7 in the previous session. U.S. consumer prices increased 4.2% in the 12 months through May, the largest gain since April 2023, data showed, ​as the Middle East conflict raised the price of gasoline and other energy products.
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