AI stocks could prove unprofitable in future, market veteran says

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

AI stocks could prove unprofitable in the future as money has already been made on them in the current rally, 40-year market veteran Jim Bianco says

Artificial-intelligence stocks may prove unprofitable in the future as investors have already made money on them from this year's hyped-up rally, according to 40-year market veteran Jim Bianco.

"What happens with these stocks is they discount the future.

"That did happen. But if you bought the stock, it took you 12 years to make money," Bianco said of investors in Amazon stock. This year has seen a surge in investor excitement over AI stocks, following the stunning debut of OpenAI's ChatGPT. It's seen investors pump money into popular tech stocks including

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités