Will We See an "AI Hangover" or an AI Surge in 2024?
Artificial intelligence (AI) dominated the stock market narrative in 2023, and it was a major reason why the S&P 500 jumped 24% and the Nasdaq Composite soared 43% during the year. It's also why the "Magnificent Seven" stocks (the leading tech stocks) skyrocketed last year.Despite the stock price boosts, few companies -- except for Nvidia (NVDA -0.20%) -- have seen a significant business impact from artificial intelligence over the past year.It's natural to ask then if last year's AI-fueled stock-market sur ...