Citadel Securities Strategist Sees AI Stocks Outperforming After Midterms

Citadel Securities head of equity and equity derivatives strategy Scott Rubner sees AI stocks outperforming after the Nov. 3 U.S. midterms, with the vote affecting when some clients are willing to take risk. In an interview published Oct. 20, Rubner described institutional accounts reducing exposure under rules linked to price moves or volatility. Separately, he said some clients would rather pay a higher price after the election than buy beforehand. He did not identify those clients as the institutions cutting exposure or say they had committed to buy after the vote. “AI can outperform again,” Rubner said.

Source: TokenPost