AI Boom Is Contributing To The Tech Stocks Strength
In his podcast addressing the markets today, Louis Navellier offered the following commentary. Pivotal OPEC MeetingThe OPEC+ meeting on June 4 should be pivotal. Tensions have been rising between Russia and Saudi Arabia, since despite pledging production cuts, Russian has been pumping increasing volumes of cheap heavy crude oil onto world markets, which has been undermining Saudi Arabia’s efforts to boost prices. Russian Deputy Prime Minister Alexander Novak issued a statement that said Moscow was abiding by its voluntary pledge to cut oil output by 500,000 barrels a day from March until the e...