Artificial Intelligence Identifies Archer-Daniels-Midland Co Among Today’s Top Buys

Artificial Intelligence Identifies Archer-Daniels-Midland Co Among Today’s Top Buys

The theme of the day was tech, growth, and innovation. Last week, investors shook off hotter than expected inflation data. This week, they are doing the same, as bond yields that skyrocketed in the first half of the year continue to taper off. While the Dow Jones slipped 45 points and the S&P was roughly flat, the Nasdaq NDAQ managed to gain 0. 1%. In keeping with the theme of growth's rebound, Cathie Wood's Ark Innovation, an ETF focusing on disruptive technology, and the face of 2020's boom, and the first half of 2021's tech bust, gained about 6% last week. Cryptocurrency sentiment was also improved after Tesla TSLA CEO Elon Musk said the company could resume bitcoin transactions after confirming improved energy usage from mining. But while the bulls are back in tech's corner, stay tuned to the Fed's two-day policy meeting. Although the Fed is not expected to take any action, every little thing it says will be dissected and scrutinized, with the potential to shake the markets up. Especially if they forecast hiking rates before 2023. For investors looking to find the best opportunities, the deep learning algorithms at Q. ai have crunched the data to give