From Nasdaq: 2024-04-10 15:08:00

1. ChatGPT, a chatbot released by OpenAI in late 2022, with the backing of Microsoft, sparked the AI revolution, gaining 100 million users and prompting other tech companies to enter the AI industry.

2. AI-related stocks like Nvidia, Super Micro Computer, and Arm Holdings are pulling back due to inflation concerns after strong earnings growth, signaling a potential opportunity for investors.

3. Earnings growth in AI-related companies shows no signs of slowing down, with companies like Super Micro Computer expected to see triple-digit growth over the next two quarters.

4. Zacks Investment Research predicts a surge in Bitcoin profits, citing past election year returns of 272.4%, 161.1%, and 302.8%.

5. Amateur investors may find a rewarding opportunity as AI-related stocks correct, offering a favorable risk-to-reward ratio for potential gains.



Read more at Nasdaq: AI Leaders Retreat: Generational Buying Opportunity?