Tech Stock Outlook: AI Earnings Could Boost Growth vs. Value Stocks in 2024

The article discusses the potential impact of Artificial Intelligence (AI) on tech stocks and the broader market in 2024. It suggests that AI earnings could provide a tailwind for growth stocks, which have underperformed value stocks in recent years. The article highlights that companies like Microsoft, Nvidia, and Google are well-positioned to benefit from the AI boom, as they have made significant investments in this technology. However, it also notes that the AI hype could lead to overvaluation concerns for some tech stocks. The article concludes that while AI earnings could boost growth stocks in 2024, investors should remain cautious and selective in their investments, as the market is likely to remain volatile and uncertain.

Source: https://markets.businessinsider.com/news/stocks/tech-stock-outlook-ai-earnings-sp500-growth-vs-value-stocks-2024-6