AJ Bell analyst Danni Hewson stated in a report that after a strong rise, stocks related to artificial intelligence are now undergoing what appears to be a mild and perhaps necessary adjustment. She pointed out that the broader sell-off of US tech giants stemmed from a report by the Massachusetts Institute of Technology, which showed that 95% of companies have not yet seen returns from investment in generative AI. "Investors will closely watch whether the AI sector's stock prices will stabilize at this point, or if the sell-off will continue." She added, "Nvidia's (NVDA.O) quarterly earnings report next week now looks more crucial than before."
