When fried chicken becomes part of the AI boom, it’s time to worry

Tech giants like Nvidia and Microsoft are reaching unprecedented valuations, fueled by AI development, but concerns arise as the Shiller price-to-earnings ratio surpasses historical levels, signaling potential trouble. The Magnificent Seven tech stocks are investing heavily in AI, raising questions about the sustainability of this growth. While some experts warn of a massive bubble, others argue that company fundamentals and real earnings still matter. The future of AI investments remains uncertain, with potential for significant gains or a market correction.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.