Many on Wall Street have been asking themselves whether markets are getting too euphoric — and if there's a bubble waiting to burst. The S & P 500 notched an all-time closing high earlier this month, and although it was down last week the Wall Street index is still up more than 9% so far this year. The Nasdaq Composite has also jumped more than 9% year-to-date.
's disappointing quarterly guidance announced last night was further proof of "where's the revenue growth in AI?" "I'm looking for more stocks to short based on my contrarian AI investment thesis," he said.Outperforming fund manager says this software stock is set to be a 'serious player' in a corner of AI, gives it nearly 60% upside