Tom Lee: AI and blockchain benefit the financial services industry; JPMorgan Chase and Goldman Sachs may become the next two of the seven giants in the US stock market.

GateNews

BlockBeats News, December 25th, Tom Lee stated, “There are some positive developments in the financial services sector. Financial service companies will become significant beneficiaries of AI and will also benefit from the application of blockchain technology. Both can help them reduce their dependence on employees for business operations. Therefore, I believe that large technology-driven banks may start to see profit margin expansion in the future and perform more like tech stocks. JPMorgan Chase and Goldman Sachs could become the next big players among the seven major U.S. stock giants.”

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments