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

BlockBeats News, December 25th, Tom Lee, Chairman of Ethereum Treasury Company BitMine, stated, "The financial services sector is experiencing some positive developments. Financial services companies will become key beneficiaries of AI and will also benefit from the application of blockchain technology. Both can help them reduce their reliance on employees."

Therefore, I believe that technology-driven large banks may begin to see margin expansion in the future and perform more like tech stocks. JPMorgan Chase and Goldman Sachs may become the next American stock septet."