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Bloomberg Television

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  1. Bloomberg Television7 min

    Nvidia Is Core Part AI-Basket of Stocks, Emanuel Says

    Emanuel

    Evercore ISI frames the current market environment as a strategic opportunity to build an "AI class of 2027" portfolio while dismissing bubble fears following CoreWeave's strong earnings and the resilience of the sector against potential key-person risks. The firm projects GDP growth exceeding 2% and anticipates a modest December interest rate hike of 25 basis points before the Federal Reserve pauses, citing stabilizing oil prices alongside persistent services-sector inflation. Investors are advised to view the upcoming Anthropic IPO as the next critical litmus test for the AI trade, which continues to face volatility tied to fixed-income market gyrations despite the firm's belief that the thematic trend has significant further upside.