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0 -0.00989942604391562 0.000421252172081466 -0.0100573956084462 -0.0100573956084462 -0.00479174345742726 -0.0258543520615029 -0.00479174345742726
Stock impact report

Navitas Semiconductor Corporation (NASDAQ:NVTS) and Richardson Ink EMEA Deal, Boosting AI-Driven SiC Power Solutions [Yahoo! Finance]

Navitas Semiconductor Corporation (NVTS) 
Company Research Source: Yahoo! Finance
Paul Hickey, Bespoke co-founder, joined CNBC's ‘Closing Bell: Overtime' to discuss the market's reaction to the election results and earnings. According to Hickey, as the President-elect's cabinet takes shape, it will provide insight into what to expect moving forward. However, he notes that election results can be overstated. Over the past 16 years, we've had some "very good" market returns for Obama, Trump, and Biden, he notes. Looking ahead, Hickey suggests that the AI bull market is likely to persist, driven by momentum, and will likely only change course if influenced by a significant external force. READ ALSO: 10 AI Headlines Making Waves Today and 15 AI News That Broke The Internet Hickey's remarks demonstrate how the market is resilient in adapting to different administrations. The current AI boom stands to be a case in point, where innovations in artificial intelligence and machine learning have been attracting investors and consequently driven substantial capital inflow Show less Read more
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