The AI Effect: A Double Edged Sword in the Stock Market The US stock market's remarkable growth, led by tech giants like Cisco Systems, raises questions about what drives this trend.
At first glance, artificial intelligence (AI) appears to be a key factor. However, closer examination reveals a more nuanced picture – one that highlights both benefits and risks.
Cisco's 13% surge after reporting better than expected profits is part of a string of successes for companies investing heavily in AI. Cerebras Systems' $US5.