Optimism abounds!Enthusiasm for everything related to artificial intelligence (AI) drove a global stock market rally last week. Equity markets in the United States, Europe, and Japan hit all-time highs after a leading chipmaker reported better-than-expected earnings and an extraordinary surge in demand for its artificial intelligence-targeted processors, wrote Rita Nazareth
After many months of escalating recession speculation, financial markets have had it with all this recession talk and are ready to embrace a new narrative.