The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said. Original Image Link Source:www.msn.com
The official data was far below the economy’s strong 5% pace of growth in January-March, despite a surge in exports driven partly by the boom in artificial intelligence. Original Image Link Source:www.nbcnews.com
The two main pillars of the economy — consumer spending and business investment — appear to have shrugged off early angst arising from Iran tensions. Original Image Link Source:www.msn.com
What Bank of America says about the U.S. economy right now “The U.S. economy has proved more durable than expected, supported by the strong consumer, ongoing AI-driven investmen ... Original Image Link Source:www.thestreet.com
The country’s surging exports, buoyed by the artificial-intelligence boom, failed to compensate for a struggling domestic economy and sluggish consumer spending. Original Image Link Source:www.msn.com
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