Is this what the start of an AI bubble bust looks like?
- 2 days ago
- 1 min read
24x7 WALL STREET — The big question that’s on the mind of many is whether this is what the start of an AI bubble burst looks like. And we’ll really never know until well after the fact. With the growing investor distaste for big CapEx budgets, the market has clearly moved on from the “promise” stage.
The big spenders and just about everyone else need to prove the significant monetizability of the technology. And they probably need to do it sooner rather than later if the bleeding in AI stocks is to come to a halt, as Iran uncertainties weigh heavily on investor psyches.
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