AI-Driven Stock Market Sees Major Gains and Potential Risks

Tech stocks soar amid AI advancements, but economic indicators suggest caution ahead.

The Nasdaq Composite Index rose nearly 19% in the first half of 2024, driven by AI-related stocks like Nvidia and AMD.
U.S. prosecutors plan to seek a guilty plea from Boeing over charges related to the 737 Max crashes, impacting investor sentiment.
Nike faces investor backlash after a sharp decline in sales forecasts, leading to a significant drop in stock value.
The Federal Reserve's key inflation measure slowed, raising prospects for potential interest rate cuts later this year.
Billionaires are diversifying away from Nvidia, investing in undervalued ETFs and small-cap stocks.