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Tom Lee says AI trade stays lively as Democrats push crypto legislation

NewsFeeds update

Fundstrat managing partner Tom Lee told CNBC that the AI trade remains very lively, arguing that wider token use would make computing power scarce and push prices up, and that many states would welcome the investment. Lee also said crypto is rising because Democrats, who opposed it before the midterms, now want to pass crypto legislation.

RegulationChainCatcherAIBullish

Read the original on ChainCatcher

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.