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JPMorgan warning on AI stocks

More than a trillion dollars gone from the market in the span of a week, and JPMorgan's guidance to anyone holding AI positions is to sit out the dip rather than buy it. Their read is that a comeback for AI stocks isn't coming soon. The bubble itself hasn't burst at this point, though the possibility of that happening in the near future is on the table. Nah, sure, everything's fine.

1h

Biden Worldnews@biden_worldnews

Follow

JPMorgan warning on AI stocks

More than a trillion dollars gone from the market in the span of a week, and JPMorgan's guidance to anyone holding AI positions is to sit out the dip rather than buy it. Their read is that a comeback for AI stocks isn't coming soon. The bubble itself hasn't burst at this point, though the possibility of that happening in the near future is on the table. Nah, sure, everything's fine.

1h