AI | State Street’s Veitmane Says Firm Will Keep Buying Tech Dips

Marija Veitmane, equity research head at State Street Global Markets, said the firm plans to keep buying dips in technology stocks, citing opportunities tied to the artificial intelligence trade, according to Bloomberg. Veitmane told Bloomberg Television she sees analysts stabilizing their margin and revenue expectations, while institutional investors are starting to buy after holding a “big, big underweight position.”