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Best & Worst Q2 Sectors and AI in Travel 6/24/24
Jun 24, 2024
Tech expert Alex Kantrowitz discusses the best-performing sector this quarter, led by Nvidia. Sector analyst Jason Gabelman covers the energy sector's struggles. AI specialist Bernie McTernan talks about AI's impact on the travel industry.
42:31
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Quick takeaways
- Tech sector outperforms in Q2 led by Nvidia optimism.
- Oil and energy sector struggles despite brief winning streak.
Deep dives
Oil and Energy Sector Performance
The oil and energy sector has been the worst performing sector over the last three months, down nearly 6%. Despite a two-week winning streak and Berkshire Hathaway's increased faith in Occidental Petroleum, the sector continues to struggle. OPEC's potential plan to add spare production capacity back to the market and concerns over weakening global demand pose challenges for oil and gas companies.
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Discover
highlights
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