Published on 30 May 2023 on Market Watch
From McDonald's to Morgan Stanley, UBS says these stocks are favorably positioned for AI.
With lawmakers bringing a debt-ceiling deal back from the brink over the holiday weekend, Wall Street looks ready to show its appreciation with a fresh 10-month high possible for the S&P 500 SPX on Tuesday.
Once we get through that, though, expect the focus to pivot quickly to fresh jobs numbers on Friday. Those gains are being led by technology once again, with AI chip king Nvidia climbing after announcing a boatload of new products.