Orr buys chip weakness and keeps a conditional lower-oil view
SNSchwab NetworkYouTube channel
AI · systemfrom the 07:24 video
Steven Orr tells Schwab Network he bought Qualcomm and Nvidia during the selloff and expects the Nasdaq to be higher in response to a question about the coming weeks. He argues AI demand will persist despite regulation. He calls $100 oil expensive and still envisages oil in the $50s–$60s, conditional on greater clarity over Iran and Russia; until then, he expects prices to stay elevated. He gives no deadline for that oil scenario.
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