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: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow
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