x52 - Beware AI euphoria

Beware AI euphoria

Another week, another record high in US equity markets. Last week’s jump was triggered by the Federal Reserve’s signal that investors can look forward to more interest rate cuts this year. But deeper market bullishness is built on two things: the cash reserves of the tech giants that now dominate the markets, and belief in their ability to monetize artificial intelligence. Read more about the study…

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