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Phil Rosen reports that Anthony Scaramucci is optimistic about the growth of artificial intelligence but remains cautious, preparing for a possible 35 percent correction in the market.
The discussion also covered Scaramucci's perspective on whether current conditions indicate a tech bubble, as well as his approach to building a new $1 million investment portfolio today. Additionally, insights were shared about a 50 percent move in bitcoin.
Phil Rosen previously highlighted a 25% drop in Microsoft’s stock over the past year amid record quarterly revenues. He also reported that Intuit has fallen nearly 60 percent, leading S&P 500 declines this year. The recent discussions reflect ongoing coverage of major moves in technology and financial stocks.