Josh Brown says A.I. bubble popping is the biggest risk to this market

📆 28/09/2023 23:15:00
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He said the technology could provide risk into year end at CNBC's Delivering Alpha conference.

Artificial intelligence is a huge variable in the market heading into the end of the year, said Josh Brown, CEO of Ritholtz Wealth Management. "I think AI is the biggest risk to the market," he said in a PRO Talks interview with Mike Santoli on the sidelines of CNBC's Delivering Alpha conference. "Yes, I'm excited about AI, I'm flesh and blood. ...

mountain Nvidia vs. the S & P 500 and Nasdaq Composite this year But a number of catalysts tied to AI could sour sentiment in the Nasdaq Composite 's mega-cap stocks, Brown said. Demand pull-forward could be one, as could Microsoft seeing less use than expected in large language models, he said. Nvidia seeing more double-ordering than anticipated is another example Brown pointed to.

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