Artificial intelligence continues to change the world. In particular, very noticeable consequences of the emergence and development of this technology are already being recorded in the stock market. The world’s financial markets have recorded the best quarterly results in the last 5 years. Such a result was partly contributed by the boom in artificial intelligence.
Swift growth in the stock market For example, the MSCI World Stock Index grew by 7.7%. This is the highest result for this indicator since 2019. Companies that are associated with artificial intelligence technology
It is also worth mentioning that chip manufacturer Nvidia increased its market value by more than a trillion dollars in the first three months of 2024. At the time of creating this material, Nvidia securities are trading at $903.56 per share. The company’s market capitalization exceeds $2.25 trillion, according to Yahoo!Finance.
At the same time, experts say that artificial intelligence is not the only reason contributing to the growth in the stock market. The stock price is also supported by expectations of interest rate cuts in key world economies. Recall that Switzerland took the first step in this direction.)