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Artificial intelligence
fromFortune
5 days ago

Bank of England on AI mania: 'stretched' stock valuations 'comparable to the peak of the dot com bubble' | Fortune

Bank regulators and executives say AI-driven equity valuations, especially in AI-focused technology stocks, appear stretched and vulnerable despite major investments and large corporate deals.
fromFortune
2 weeks ago

Markets are selling off after Powell said six words investors don't want to hear: 'Equity prices are fairly highly valued' | Fortune

U.S. Federal Reserve Chairman Jerome Powell gave a speech in Rhode Island yesterday and, afterwards, was asked whether the Fed was keeping an eye on the markets. His reply contained six words that investors didn't want to hear: "Equity prices are fairly highly valued." The S&P 500 lost 0.55% on the day. Markets in the U.K. and Europe are all down this morning. The picture is mixed: Asia largely had a good day and U.S. futures are marginally up, so it's not a tsunami.
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