Dan Ives Sees Nasdaq At 30,000 Points, Explaining Why AI Revolution Is Not Bubble: '2-3 Years Left' In Tech Bull Market
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Dan Ives believes concerns about an AI bubble are unfounded, viewing the current surge as the beginning of a "Fourth Industrial Revolution." He predicts the NASDAQ will rise to between 25,000 and 30,000 points, driven by significant investments in AI. Despite some analysts cautioning that AI spending may be supporting unprofitable sectors, Ives anticipates 2-3 more years of robust growth in the tech sector.
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