Big Tech companies have ramped up spending to compete on AI. They're compensating shareholders for the effort, too.
First quarter earnings reports are expected to show signs that other areas of the market could catch up to tech's growth later in 2024.
The S&P 500 has had a remarkable run over the past five months, chalking up a 25% gain. But contrary to feelings that things have risen too quickly, history says that strength begets strength.