Fortune 500 CEOs are upbeat on the economy—and they wish they owned Microsoft and Nvidia stock
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Fortune 500 CEOs in an annual survey are optimistic about the economy, with only 28% predicting a recession in the next 12 months. Almost 70% believe the Federal Reserve will lower interest rates before the end of 2024. Only 22% are concerned about the disruptive impact of AI. The CEO most admired is Satya Nadella of Microsoft, and the stocks they would personally like to own are Microsoft and Nvidia. The survey was conducted from April 18-28, 2024.
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https://fortune.com/2024/06/06/fortune-500-ceo-survey-2024-ai-economy-microsoft-nvidia/
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