Taiwanese stocks are set to see the largest monthly outflow in six months as concerns grow that the market’s artificial intelligence-driven rally has reached a short-term peak. Overseas money managers withdrew $4.9 billion from local shares in April as of Monday close, Bloomberg-compiled data show. That would be the biggest net outflow since October last year.
Open FlipThere's no question that Nvidia (NASDAQ: NVDA) has been the poster child of the artificial intelligence (AI) revolution thus far. Nvidia isn't a bad buy right now, but there is some downside risk in the stock. For investors who want an AI stock that isn't at risk of a bubble popping, keep reading to see two that are well positioned for long-term growth: đź“ŚMicrosoft, đź“ŚServiceNow.
Open FlipWhat makes Anthony Noto run? We'll let him tell you in his own words."I honestly think I'm the kind of person that is driven by fear of failure rather than striving for success," the CEO of SoFi Technologies (SOFI)  once said. "I tend to go to bed scared and wake up terrified."Related: Analysts reboot AMD stock price target ahead of earnings.
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