AI needs a ‘core place’ in every portfolio: Strategist

With the rise of AI, many industries are looking to incorporate it into their services and products. Slatestone Wealth Management Chief Market Strategist Kenny Polcari joins Yahoo Finance Live to discuss Amazon's (AMZN) investment in Anthropic and how investors can invest in AI. Polcari states that although AI is “very much in its infancy” it is already incorporated into a lot of businesses—"you’re going to get AI exposure” he notes. For investors looking for opportunities to boost their portfolio, Polcari suggests looking “in other parts of the space” due to the difficulty of investing directly into venture deals. Regarding the buzz around AI, Polcari insists “this AI story is just beginning” and that it needs to have a “core place” in every investor’s portfolio. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.