TechBloomberg Tech2h ago
Odd Lots: What Wall Street Really Thinks About the AI Trade Now
Odd Lots: What Wall Street Really Thinks About the AI Trade Now
TL;DRWall Street's enthusiasm for AI investments is cooling amid mixed market reactions and profitability concerns.
Why it matters: AI hype may not survive scrutiny—investors need to know if these valuations are justified.
It has been a big week for the AI trade — Anthropic's IPO filing, Microsoft beating earnings estimates. Reaction in the markets has been mixed as concerns about the AI boom grows. Global head of equities tactical strategies at Barclays, Alexander Altmann, joins Joe Weisenthal…
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