AI Stocks Are in a Bubble, BofA Fund Manager Survey Finds
NegativeFinancial Markets

A recent survey by Bank of America reveals that a significant number of global fund managers believe that artificial intelligence stocks are currently in a bubble, marking it as a major risk for the market. Elyas Galou, a senior investment strategist at BofA Securities, highlighted these findings, indicating growing concerns among investors about the sustainability of AI stock valuations. This matters because it could signal a potential downturn in the market if these stocks correct, affecting not just investors but also the broader tech industry.
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