Here are some markets, economy and stock predictions for 2024, including what would be a most unexpected outcome for the U.S. economy. First, a reminder: “The markets and the economy are not the same.” 1. AI continues to capture the world’s imagination: The biggest corporations start using artificial intelligence for real-world business purposes, including supply-chain management, distribution improvements …
High speed internet access is no longer a luxury — in the 21st century it is an absolute necessity for modern life. Today, more than ever, tens of millions of Americans rely on broadband to work from home, apply for veterans’ benefits, attend school, run their small businesses, and access health care. Yet, hundreds of …
Amazon.com Inc. shares offer the most upside among large-capitalization internet companies going into next year, an analyst wrote Thursday. Piper Sandler’s Thomas Champion just dubbed Amazon’s stock AMZN, -0.95% his top large-cap pick for 2024, citing the e-commerce giant’s potential to improve retail margins and generate strong momentum in the cloud. “Retail margins have improved …
Silicon Valley legend John Chambers is sold on artificial intelligence, but he sees choppy times in its near future. “Going into 2024, it will be the decade of AI in front of us, which will dwarf the size of the internet and cloud eras combined,” Chambers, who runs venture fund JC2, said in an interview …