Just think about it. I'm sure you've read plenty of stories about AI not working.
For example, fast-food companies have struggled to implement AI in their drive-thrus. McDonald's (MCD) ended a pilot program after AI increased wait times.
And in a survey last year from the Upwork Research Institute, 77% of respondents said that trying to use AI in the workplace slowed them down.
But stories like these confuse the reality of the situation...
He called this year's crash 13 days before it unfolded... the 2020 and 2022 crashes... and the 2023 bank run, four months before it occurred. Now, he's warning anyone who will listen to RAISE CASH for June 25 and get ready for the year's biggest turning point in the market. By tomorrow, click here for his full blueprint and No. 1 new recommendation.
In March, the Senate granted sweeping powers to a Harvard economist who has some radical ideas about the U.S. dollar. Today, he reports directly to the Oval Office and has proposed a potential "Mar-a-Lago Accord," which could send the dollar falling by as much as 40% or more. One analyst who predicted the 2008 crisis says the plan may save the country. But if you're unprepared, it WILL be a national nightmare.
Beware the Volume of AI Losers
During the dot-com boom, hundreds – if not thousands – of dumb ideas were flying around. Think Pets.com and other famous busts.
But we remember them as failures floating in the birth of the Internet. And most of us have forgotten just how absurd it all seemed in the moment.
At the time, there were very real voices telling investors that the Internet wouldn't amount to much... and that the "changing the world" narrative was a pipe dream.
It was easy to listen to those voices. Plenty of folks sat on the sidelines during the boom.
After all, it's possible that the bad ideas outnumbered the good ones by 100 to 1. So it was easy to look at the whole thing as a sham.
We're in a similar situation today. Businesses are just starting to test out AI ideas. And many of them are bad.
The mainstream media loves trumpeting failure. Negativity gets clicks.
We're swimming in a sea of bad ideas – and stories about bad ideas failing.
Don't let that fool you. The good ones are out there, too. And they're big...
Between 2000 and 2010, the Internet wiped out 1.1 million secretary jobs in America. Digital calendars made much of what they did irrelevant.
Bookkeepers were on the chopping block, too. Twenty-six percent of them lost their jobs over the same time period. Software like QuickBooks replaced them.
We're already seeing that happen now. AI is reshaping call centers. It's changing design and manufacturing. And it's changing the world of advertising.
Just about everything is changing.
That means now, more than ever, we need a way to filter out the bad ideas... and spot the real AI winners.
To do that, I've added someone special to my team. He's a true Wall Street insider analyst with decades of experience covering technology.
We've developed a new tool that filters out the failures in the making. And it helps identify the real winners.
Even if you're a skeptic, I urge you to join us Wednesday for this special presentation.
In it, you'll also get the latest update from me on the market... as well as deep insight into how I'll be approaching AI from an investing perspective.
And we'll also be sharing a free, actionable recommendation that you can take advantage of right away.
— According to the Chaikin Power Bar, Small Cap stocks remain somewhat more Bullish than Large Cap stocks. Major indexes are mixed.
* * * *
Sector Tracker
Sector movement over the last 5 days
Financial
+0.57%
Real Estate
+0.31%
Utilities
+0.27%
Consumer Staples
+0.22%
Consumer Discretionary
+0.18%
Industrials
+0.16%
Information Technology
-0.07%
Communication
-0.43%
Materials
-1.34%
Energy
-2.06%
Health Care
-2.62%
* * * *
Industry Focus
Biotech Services
30
74
19
Over the past 6 months, the Biotech subsector (XBI) has underperformed the S&P 500 by -11.39%. However, its Power Bar ratio, which measures future potential, is Strong, with more Bullish than Bearish stocks. It is currently ranked #10 of 21 subsectors and has moved down 5 slots over the past week.
Top Stocks
AKRO
Akero Therapeutics,
ACAD
ACADIA Pharmaceutica
AKBA
Akebia Therapeutics,
* * * *
Top Movers
Gainers
TSLA
+8.23%
NTRS
+8.01%
ANET
+6.61%
GNRC
+4.86%
EL
+4.84%
Losers
SMCI
-9.77%
APA
-7.91%
HAL
-6.78%
SLB
-5.89%
AMGN
-5.84%
* * * *
Earnings Report
Earnings Surprises
No significant Earnings Surprises in the Russell 3000.
* * * *
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