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Alibaba's Tsai Sounds Alarm On Signs Of AI Bubble In US: 'People Are Building Data Centers On Speculation'
Tuesday, March 25, 2025 - 4:53am | 791Alibaba Group Holding (NYSE:BABA) Chairman Joe Tsai has expressed apprehension about a potential bubble in the AI data center construction sector. What Happened: At the HSBC Global Investment Summit in Hong Kong, Tsai cautioned that the rapid expansion of data centers could surpass...
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Billionaire Investor Ray Dalio Sounds Alarm On Potential AI Stock Bubble Akin To Dotcom Crash: '...Very Similar To Where We Were Between 1998 Or 1999'
Tuesday, January 28, 2025 - 5:26am | 525Billionaire investor Ray Dalio issued a warning on Monday about a potential bubble in U.S. artificial intelligence (AI) stocks, drawing parallels with the dotcom bust of the early 2000s. What Happened: Dalio, founder of Bridgewater Associates, has raised alarms over the soaring valuations of U.S....
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MIT Economist Sounds Alarm On AI Hype: 'A Lot Of Money Is Going To Get Wasted'
Thursday, October 3, 2024 - 10:45am | 472Economist Daron Acemoglu of the Massachusetts Institute of Technology, has voiced his apprehensions regarding the ongoing surge in AI investments. What Happened: Acemoglu expressed his concerns that the current enthusiasm for artificial intelligence is resulting in excessive financial commitments,...
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Stock Market To Rally For 3-5 Years Before AI Bubble Bursts, Predicts Veteran Analyst Gene Munster: 'We're In The Early Stages'
Sunday, May 19, 2024 - 9:32pm | 720The stock market is set to continue its bull run for another three to five years before an AI bubble bursts, according to veteran tech analyst Gene Munster. What Happened: Munster, the managing partner at Deepwater Asset Management, predicts that the stock market will continue to rise due to the...
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Billionaire Investor Howard Marks Warns Against Overconfidence In AI Stocks: 'Every Bubble Starts From Widespread Conviction'
Thursday, April 25, 2024 - 1:24am | 610In a recent interview, billionaire investor Howard Marks cautioned against overconfidence in Artificial Intelligence (AI) stocks, stressing that the technology’s transformative potential does not make it immune to market crashes. What Happened: Marks, the co-founder of Oaktree Capital...
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Amid Nvidia's Recent Decline, Jim Cramer Says AI's Impact On Businesses And Stock Market Is Still Not Fully Realized: 'I Don't Think The...Game Has Even Started Yet'
Thursday, April 4, 2024 - 6:45am | 614CNBC’s Jim Cramer refuted the idea that artificial intelligence (AI) is a fading tech trend, stating that its impact on businesses and the stock market is still not fully realized. What Happened: Cramer voiced his concerns about the premature disregard of AI trailblazers like Nvidia (NASDAQ:...
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Tesla Bull Gene Munster Points To Palantir Co-Founder's Firm Pursuing $2B Valuation, Says 'Early Stages Bull Market' Preceding AI Bubble
Monday, April 1, 2024 - 11:39pm | 734Gene Munster, the managing partner at Deepwater Asset Management, has once again hinted that the artificial intelligence market is in the early stages of a bull run that will eventually lead to a bubble. What Happened: On Monday, Munster took to X, formerly Twitter, and reiterated his...
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Google DeepMind Co-Founder Voices Concerns Over AI Hype: 'We're Talking About All Sorts Of Things That Are Just Not Real'
Monday, April 1, 2024 - 4:07am | 761The co-founder of Google DeepMind, Sir Demis Hassabis, has voiced concerns that the surge in funding for artificial intelligence (AI) is leading to exaggerated hype, overshadowing the actual scientific progress in the sector. What Happened: Hassabis shared his worries that the billions being poured...
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Nvidia, Amazon And Microsoft's Recent Activity Indicate Impending AI Bubble: 'When The Music Stops There Will Not Be Many Chairs Available'
Friday, March 29, 2024 - 4:39am | 779The ongoing excitement surrounding AI has prompted an analyst to highlight potential indicators of an impending market correction. Richard Windsor, a seasoned tech stock analyst and founder of Radio Free Mobile, has identified three recent occurrences that could signify an AI bubble. What Happened...
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Stock Market Could Rally Another 34% By 2026, Says Bank Of America
Monday, March 25, 2024 - 11:27pm | 690The stock market’s long-term bull rally, now in its 11th year, is poised to continue, with the S&P 500 potentially surging by 34% by the end of 2026, according to Bank of America. What Happened: The bank’s technical strategist, Stephen Suttmeier, predicts that the S&P 500 could...
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Nvidia Isn't The Only AI Contender, Fidelity Suggests Investors Look Beyond 'Hot AI Stocks': 'Names That Are Big Today May Not Be The Winners Of Tomorrow'
Friday, March 15, 2024 - 12:06am | 805The AI sector is currently the hottest in the market, and Fidelity International is advising investors to consider indirect plays in addition to the obvious choices, such as NVIDIA Corp (NASDAQ:NVDA). What Happened: Fidelity International, a financial services firm, has suggested that investors...
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Analyst Brushes Off Tech Bubble Concerns, Citing Nvidia's Strong Performance: 'The Greatest Stock In The Market...Is Trading At 33 Times Earnings'
Friday, March 8, 2024 - 4:04am | 687Deepwater Asset Management co-founder Doug Clinton has downplayed concerns about a potential tech bubble, citing the robust performance of NVIDIA Corp (NASDAQ:NVDA) as evidence of a healthy market. What Happened: Clinton addressed the ongoing tech rally. In an interview with CNBC’s Last Call...
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Nvidia 'Valuation Isn't Exactly Attractive,' Say ESG Fund Managers Despite Big Bets Last Year: '...Portends A Bubble, Potentially'
Thursday, March 7, 2024 - 1:10am | 666The surging stock of NVIDIA Corp (NASDAQ:NVDA) has sparked concerns about a potential bubble among ESG fund managers. The managers, who reaped significant gains from the stock, are now wary of its sustainability. What Happened: The proportion of ESG funds holding Nvidia shares dropped to 15% at the...
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Bank Of America Raises S&P 500 Price Target To 5,400, Warns Of Near-Term Pullback
Tuesday, March 5, 2024 - 3:06am | 652Bank of America has raised its S&P 500 price target to 5,400, but not without a word of caution. The bank predicts a near-term pullback before the market resumes its rally. What Happened: The bank’s analysts have revised their S&P 500 price target upwards to 5,400, marking a 5%...
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Nvidia, Meta, Microsoft And Amazon Among Dan Niles' Top Picks For 2024 Amid AI Bubble Concerns: 'We Have A Lot More Room To Go'
Monday, March 4, 2024 - 3:05am | 858Dan Niles, prominent hedge fund manager and Satori Fund founder disclosed his top stock picks for 2024. His choices are Nvidia Corp (NASDAQ:NVDA), Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT), and Amazon.com Inc (NASDAQ:AMZN). What Happened: Niles believes that the earnings...