Tom Lee: AI and Blockchain Bullish for Financial Services Industry, JPMorgan and Goldman Sachs Could Be Next FAANG

2 hours ago

On December 25, Tom Lee said: "There are positive developments in the financial services sector. Financial firms will be key beneficiaries of both AI and blockchain technology—both can help cut their reliance on human capital." He added: "I therefore believe tech-enabled large banks may see margin expansion ahead and perform more like tech stocks. JPMorgan Chase and Goldman Sachs could emerge as the next U.S. tech giants."

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