Market Talk: Nasdaq’s slide reflects rate-hike, AI cost jitters

Eric Lynch, managing director and co-portfolio manager of Suncoast Equity Management, discusses a potential interest rate hike from the Federal Reserve following a blockbuster May jobs report and worries that massive AI costs aren’t ‘translating into returns.’ #News #Reuters #Newsfeed #markets #ratehike #nasdaq 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters on Facebook:…

https://fllics.com/en/video/market-talk-nasdaqs-slide-reflects-rate-hike-ai-cost-jitters/