April was another volatile month for high-flying AI stock Super Micro Computer (NASDAQ: SMCI) as interest in its fiscal third-quarter earnings report built, but in the end, the stock finished the quarter down 15%, according to S&P Global Market Intelligence.That pullback was in line with a broader decline in AI stocks, as investors seemed to fear that a bubble was forming in the sector.
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Roughly three decades ago, the advent of the internet completely changed the growth arc for corporate America. Since then, countless next-big-thing investments have come and gone with moderate success. However, the rise of artificial intelligence (AI) may be the first game-changing innovation that gives the advent of the internet a run for its money.
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Emkay Global Financial's research report on Motilal Oswal Financial Servicesleading to a strong finish to the fiscal. While performance of the Capital Markets segment was sturdy, the Asset and Wealth Management segment delivered a solid turnaround with the Housing Finance business gradually coming back on track. Overall, the Q4 performance endorses our thesis on MOFS.
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