{"id":10857,"date":"2023-07-22T23:37:36","date_gmt":"2023-07-22T21:37:36","guid":{"rendered":"http:\/\/costops.com\/index.php\/2023\/07\/22\/artificial-intelligence-boom-generates-optimism-in-tech-sector-as-stocks-soar\/"},"modified":"2023-07-22T23:37:36","modified_gmt":"2023-07-22T21:37:36","slug":"artificial-intelligence-boom-generates-optimism-in-tech-sector-as-stocks-soar","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/07\/22\/artificial-intelligence-boom-generates-optimism-in-tech-sector-as-stocks-soar\/","title":{"rendered":"Artificial intelligence boom generates optimism in tech sector as stocks soar"},"content":{"rendered":"

The rush into AI has given the flagging technology industry a share price lift, but some investors still remain cautious<\/p>\n

US tech companies started the year in the doldrums<\/a>, beset by a cost overhang from excessively zealous pandemic hiring sprees and fears about the impact of rising interest rates. Things were looking grim \u2013 then along came artificial intelligence (AI).<\/p>\n

Tech stocks and the blue-chip S&P 500 index have since been buoyed by breakthroughs in generative AI \u2013 led by the ChatGPT chatbot<\/a> \u2013 and the promise of a new era of growth for the sector. The S&P 500 is up 18.6% so far in 2023 while the tech-heavy Nasdaq composite is up 35.7%. Six months is a long time in a fast-moving industry.<\/p>\n

Continue reading…<\/a>
\nThe rush into AI has given the flagging technology industry a share price lift, but some investors still remain cautious
\nUS tech companies started the year in the doldrums, beset by a cost overhang from excessively zealous pandemic hiring sprees and fears about the impact of rising interest rates. Things were looking grim \u2013 then along came artificial intelligence (AI).
\nTech stocks and the blue-chip S&P 500 index have since been buoyed by breakthroughs in generative AI \u2013 led by the ChatGPT chatbot \u2013 and the promise of a new era of growth for the sector. The S&P 500 is up 18.6% so far in 2023 while the tech-heavy Nasdaq composite is up 35.7%. Six months is a long time in a fast-moving industry. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

The rush into AI has given the flagging technology industry a share price lift, but some investors still remain cautious US tech companies started the year in the doldrums, beset by a cost overhang from excessively zealous pandemic hiring sprees and fears about the impact of rising interest rates. Things were looking grim \u2013 then …<\/p>\n

Artificial intelligence boom generates optimism in tech sector as stocks soar<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":10858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10857"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=10857"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/10857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/10858"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=10857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=10857"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=10857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}