BlackRock stays overweight U.S. stocks as AI lifts earnings

BlackRock Keeps U.S. Equities Overweight on AI Earnings Growth

BlackRock is taking an overweight stance on U.S. equities since AI boosts profits for corporations even amid rising borrowing costs. BlackRock stresses the lack of AI, sustainable earnings, and cross-asset plays. AI development needs an increase in the supply of computing capacity, energy, semiconductors, memory, and data center build-out. BlackRock

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