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Retail investor hype for AI stocks seems to be slowing down

By Gordon Gottsegen

Retail investor hype for AI stocks seems to be slowing down

Artificial intelligence has been a dominant theme across the business world and investor portfolios alike in 2024. But as the term "AI bubble" gets tossed around and AI stocks like Nvidia Corp. NVDA are up over 160% year to date, it seems like everyday retail investors are losing some of the excitement they had earlier this year.

A recent report by the online brokerage Public found that 51.6% of the retail investors it surveyed were bullish about AI companies and stocks, while only 9.5% were bearish. Despite that, only 30.8% said they planned to invest more heavily in AI this year.

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