There is no doubt that one of the most talked about sectors at the moment is the AI space. Microsoft and Google are facing off. Just this week, Microsoft launched its AI-powered search engine, where they have integrated Bing with ChatGPT to shake up an area that Google has dominated. Meanwhile, Alphabet (Google’s parent company) shares have taken a hit of nearly 7.5% in the last week after its Bard AI chatbot gave an incorrect answer in a promotional video.
All this adds up to volatility and great trading opportunities for investors. Whilst the battle of the big boys rages on, some traders are looking to some of the smaller AI companies for potential targeted growth trades. In a market that is still wary of downside risks as central banks remain hawkish, picking the right stock, and indeed, the right side of the trade becomes more and more important, and traders need up to date market information at their fingertips to take advantage of opportunities as they arise. This is where IC Markets market news comes in handy. IC Markets market news provides traders with the latest information they need to keep track of key economic events.
IC Markets provides investors with the opportunity to invest across the AI market with great pricing and liquidity and allows clients to trade on some of the lesser-known players in the market with the confidence of being backed by one of the world’s biggest CFD brokers.
