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AI's productivity potential is similar to the internet and electricity/mass production revolutions, Evercore ISI said. Here's who it thinks should benefit. ....
As inflation continues to trend downward and the Federal Reserve signals its willingness to cut interest rates this year, rates volatility dropped to the lowest level since February 2022, creating a broadly favorable environment for stocks. The S&P 500 gained 10% in the first quarter — its strongest start to the year since 2019 — and posted 22 new all-time highs in the first three months of 2024. ....