Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Big Tech has spent years pouring record sums into artificial intelligence. Now veteran strategist Ed Yardeni says hitting the brakes could be bullish. "I've had the view that a slowing down in the AI build-out is actually a bullish story," the Yardeni Research president told CNBC Thursday. He was explaining a striking split in Wednesday's post-midterm rally, when the Dow surged 1,569 points, its best day in more than 18 months. Microsoft Corp. gained 6.7% and Amazon.com Inc. rose 6.1%, while Nvidia Corp. fell 3.2% and CoreWeave Inc. sank 9.9%. Don't Miss: A single bad hire can set a startup back years.
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