empty
07.06.2023 02:31 PM
AI hype shakes up market

The NASDAQ's remarkable recent performance, with technology companies leading an aggressive bull run, has drawn attention to the buzz surrounding artificial intelligence (AI). Citadel CEO Ken Griffin suggests caution, warning against overhyping expectations for generative AI at this nascent stage of tech sector growth. During a recent event Griffin stressed that over-expectations could potentially backfire and harm the sector.

This image is no longer relevant

The billionaire investor has acknowledged the transformative potential of advanced technologies. However, he has emphasized that these technologies are still early in their development. He has also dismissed the idea that AI is set to obliterate skilled professional jobs as unrealistic.

As previously noted, the intense media focus on AI has fueled the NASDAQ's bull run, particularly as demand for tech stocks soared in the aftermath of a financial shakeup that saw several American lenders collapse in March.

Market indicators have underscored this shift, with tech giant Nvidia's market capitalization topping $1 trillion. The AI-based chat-bot, ChatGPT, capable of delivering human-like responses to user queries, has made significant waves in the sector, quickly becoming a global phenomenon and one of the fastest-growing software platforms in history.

Pre-market movers

Shares of Tesla saw a 3% pre-market bump following a company website update revealing that the new Model 3 and Model Y vehicles will be eligible for a $7,500 US tax break under the Inflation Reduction Act.

Streaming behemoth Netflix has seen a 3.1% climb during the pre-market after JPMorgan revised its stock price target upward. JPMorgan cited the company's proactive steps to curb password sharing on its platform, a move it says could lead to significant revenue growth.

In the gaming sector, GameStop's shares added 2.4% in pre-market trading as investors await the company's quarterly results, due today. Market analysts anticipate adjusted quarterly losses of 15 cents per share.

Meanwhile, shares of Brazil's oil powerhouse Petrobas jumped by 2% in pre-market trading. The rise follows Morgan Stanley's decision to upgrade its rating of the company's stock to 'buy' from 'hold'. Morgan Stanley predicts Petrobas could offer investors larger dividends this year compared to 2022.

Regarding the technical situation of the S&P 500, demand for the index has somewhat returned. Bulls still have a chance to start an upward trend, but they need to cling on to $4,290, from where a jump to $4320 can occur. An equally important task for the bulls will be to maintain control over $4,370, which will strengthen the bull market. In case of a downward movement against the backdrop of reduced risk appetite and hawkish comments from Fed representatives, buyers will have to act around $4,255 and $4,230. A breakout below these levels will quickly push the trading instrument back to $4,175 and open the path to $4,143.

Jakub Novak,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Mercado acionário dos EUA: Tarifas de Trump interrompem tendência de alta, e investidores aguardam dados do PCE

Mercado de ações dos EUA: As tarifas de Trump interrompem a tendência de alta, de modo que os índices acionários de referência estão se consolidando. Dados de PCE no radar

Jozef Kovach 16:44 2025-03-28 UTC+2

Mercado de ações em 28 de março: S&P 500 e NASDAQ em uma posição difícil

Ao final da sessão regular de ontem, os principais índices acionários dos Estados Unidos encerraram em baixa. O S&P 500 recuou 0,33%, o Nasdaq 100 caiu 0,53%

Jakub Novak 15:07 2025-03-28 UTC+2

O mercado dos EUA cai com as tarifas de Trump, que corroem a confiança nas perspectivas econômicas

S&P 500 Visão geral para 27 de março O mercado dos EUA caiu devido a novos temores de tarifas e incerteza econômica. Principais índices dos EUA na quarta-feira: Dow: -0,3%

Jozef Kovach 17:21 2025-03-27 UTC+2

Mercado de ações em 27 de março: S&P 500 e NASDAQ despencaram após as últimas tarifas de Trump

No fechamento da sessão regular de terça-feira, os índices acionários dos E.U.A. terminaram em território negativo. O S&P 500 caiu 1,12%, enquanto o Nasdaq 100 caiu 2,24%. O Dow Jones

Jakub Novak 16:56 2025-03-27 UTC+2

O mercado acionário dos EUA está apresentando um crescimento modesto

S&P500 Atualização do mercado de ações em 26 de março Instantâneo dos índices de ações dos EUA na terça-feira: * Dow +0%, NASDAQ +0,5%, * S&P 500 +0,2%, * S&P

Jozef Kovach 16:46 2025-03-26 UTC+2

Atualização do mercado de ações para 26 de março: S&P 500 e NASDAQ continuam a se recuperar gradualmente

No fechamento da sessão regular de ontem, os índices acionários dos Estados Unidos encerraram em território positivo. O S&P 500 subiu 0,16%, enquanto o Nasdaq 100 avançou 0,46%

Jakub Novak 14:35 2025-03-26 UTC+2

O mercado de ações dos EUA ganha novo impulso de alta. Os investidores percebem o sinal de que a correção para baixo acabou

S&P500 Atualização do mercado em 25 de março Instantâneo do mercado acionário dos EUA na segunda-feira: Dow +1.4%, NASDAQ +2.3%, S&P 500 +1.8%, S&P 500 negociado a 5,767em uma faixa

Jozef Kovach 15:49 2025-03-25 UTC+2

Mercado acionário dos EUA em 24 de março: S&P 500 e Nasdaq ganham força com as notícias sobre tarifas

Hoje, os futuros de ações dos EUA e da Europa estão sendo negociados em alta em meio a sinais de que a próxima rodada de tarifas do Presidente Donald Trump

Jakub Novak 17:13 2025-03-24 UTC+2

O mercado dos EUA tenta se recuperar. Perspectivas de um ataque dos EUA ao Irã sustentam os preços do petróleo

S&P 500 Visão geral para 24 de março O mercado dos EUA está tentando se recuperar. Principais índices dos EUA na sexta-feira: - Dow: +0,1% - NASDAQ: +0,5% - S&P

Jozef Kovach 16:50 2025-03-24 UTC+2

S&P 500: Da Euforia à Queda

A onda de otimismo que tomou conta dos mercados de ações dos EUA após a reeleição de Donald Trump teve vida curta. A euforia rapidamente deu lugar a uma profunda

Anna Zotova 15:41 2025-03-24 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.