The AI Boom Needs More Than Hype
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Dennis Dick explains the market's sideways movement as a battle between rising oil prices, rate hikes, and the sustained ascent of AI stocks. He sees companies like Broadcom (AVGO), Oracle (ORCL), and Nvidia (NVDA) as compelling investments with reasonable valuations and transformative potential. He emphasizes that for the AI boom to continue, companies like Meta (META) and Apple (AAPL) must demonstrate tangible products and returns on their capital expenditures. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/schwab-Network/dp/B08JJRQG9T/ Watch on Sling - https://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browse Watch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-netw
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