AI Disappointment Could Roil Markets and the Economy, Liz Ann Sonders Says

Markets guru Liz Ann Sonders says the AI boom isn’t dot-com bubble 2.0 — but disappointment could roil the economy

Liz Ann Sonders is Charles Schwab’s chief investment strategist. Charles Schwab The AI boom is more grounded than the dot-com bubble, but still poses risks, Liz Ann Sonders said. Charles Schwab’s chief investment strategist says today’s tech leaders are much stronger. But investor disappointment could hit an economy that’s already showing signs of strain, she said. The AI boom is far more robust than the dot-com bubble, but there’s still a risk…

AI disappointment could roil markets and the economy, Liz Ann Sonders says

Liz Ann Sonders is Charles Schwab's chief investment strategist.Charles SchwabThe AI boom is more grounded than the dot-com bubble, but still poses risks, Liz Ann Sonders said.Charles Schwab's chief investment strategist says today's tech leaders are much stronger.But investor disappointment could hit an economy that's already showing signs of strain, she said.The AI boom is far more robust than the dot-com bubble, but there's still a risk it di…

‘The Big Short’ Investor Michael Burry Bets Against AI Hype

Michael Burry, the investor who is famous for predicting the 2008 housing market crash and was portrayed by Christian Bale in the Oscar-winning movie “The Big Short,” has a new bubble prediction. This time, it’s AI. Burry’s hedge fund Scion Asset Management disclosed put options on Nvidia, and an even larger one on Palantir, according to regulatory filings from Sept. 30 that were released on Monday. Both companies are considered AI darlings, and…