This AI Stock Hit a New Low in Wednesday's Sell-Off: Is It Time to Buy?

The Federal Reserve may have cooled this year's market rally on Wednesday, telegraphing a slowdown in its pace of rate cuts. The news sent the major market indexes lower, but most investors are still having a great year. Less than a third of the market's large-cap stocks are trading lower in 2024.Fewer than 6% -- or 50 of the 853 names with market caps north of $10 billion trading on a U.S.-listed exchange -- hit new 52-week lows in Wednesday's markdown. One of the more compelling names on that list has to ...