Tom Lee: AI and Blockchain Bullish for Financial Services Industry, JPMorgan and Goldman Sachs Could Be Next FAANG
BlockBeats News, December 25th, Tom Lee stated, "There are some positive developments in the financial services sector. Financial services companies will be key beneficiaries of AI and will also benefit from the application of blockchain technology. Both can help them reduce their reliance on human resources."
"Therefore, I believe that tech-driven large banks may start to see margin expansion in the future and perform more like tech stocks. JPMorgan Chase and Goldman Sachs could become the next U.S. tech giants."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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