AI-driven profit growth may benefit industrials, infrastructure, emerging markets: Report
New Delhi [India], August 4 (ANI): Despite a complex macro backdrop and volatile inflation, AI-driven performance and broadening profit growth could benefit tech-adjacent sectors such as industrials and infrastructure, as well as emerging markets, according to a report by HSBC Asset Management.
The fund house noted in its report, US-Iran Memorandum of Understanding has helped to ease geopolitical tensions, with Oil prices falling below late February levels. At the time of reporting, Brent crude was trading at around USD 84.75 per barrel while crude oil was trading at around USD 81.02 per barrel.
