Correction or Not: This Artificial Intelligence (AI) Stock Is a Great Long-Term Bet | The Motley Fool

Correction or Not: This Artificial Intelligence (AI) Stock Is a Great Long-Term Bet | The Motley Fool

The tech-laden Nasdaq Composite index hit its most recent high on Dec. 16, 2024, but it has pulled back since then on account of various factors such as the tariff-fueled turmoil and a potential slowdown in artificial intelligence (AI) spending.

Specifically, the Nasdaq Composite is down just over 12% since its most recent high. This puts the index in correction territory, as a stock market correction refers to a drop of 10% to 20% in a major index. However,…

Article Source
https://www.fool.com/investing/2025/05/10/correction-or-not-this-artificial-intelligence-ai/

More From Author

NY lawmakers add disclaimer to AI chatbots: They aren’t human

NY lawmakers add disclaimer to AI chatbots: They aren’t human

30 AI stocks that may surge up to 73% — and are loved by a bullish tech analyst – MarketWatch

Listen to the Podcast Overview

Watch the Keynote