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A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the artificial intelligence spending boom. Some of the country’s top fund managers are warning investors to brace for volatile returns as they slash exposure to the hottest pockets of the sharemarket amid concerns a bubble in. According to the latest bank of america (bofa) global fund manager survey (fms) conducted nov
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A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the ai spending boom Concerns have been rampant in recent weeks that artificial intelligence stocks are in a bubble Strategists at bank of america warn that the optimism expressed by fund managers could provide an air pocket for stocks to fall into if the federal reserve doesn't cut interest rates at its.
The ai stock bubble is finally catching the attention of wall street's biggest money managers
More than half of institutional fund managers polled by bank of america now believe technology stocks are severely overvalued, signaling a dramatic shift in market sentiment. Stocks have soared this year amid a flurry of ai announcements
