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U.S. Stock Futures Fall on Concerns over an AI Bubble
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Looking for an AI bubble in the markets
Peter Oppenheimer, the chief global equity strategist for Goldman Sachs, points to the ratio of stock price to earnings (P/E ratio) of current major tech stocks compared against the ratios of stocks during past bubble bursts. Financial Times uses a variable width bar chart to show the difference. Besides the meme-ish Tesla stock, the rest (of the Magnificent 7) seem low in comparison. If you’re looking for a sign that there’s more room for the b…
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