AI Trade
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Why We Buy Stocks Caught in Software Sell-offs
Major indices are flat amid a subdued trading week, following consecutive losses. The software sector’s volatility, particularly affecting cybersecurity firms, is dragging down tech giants. While some companies invest heavily in AI, Apple’s partnership approach is seen as a strength. Wells Fargo shows resilience. Despite short-term declines in cybersecurity holdings, long-term conviction remains. Palo Alto Networks’ upcoming earnings are crucial to address AI disruption concerns.
