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Artificial intelligence may be “one of the greatest technological advances of all time,” but Howard Marks wants you to pause for a moment before chasing the world’s hottest trade with both fists. In his latest memo, the Oaktree co-founder tells investors that while AI has all the hallmarks of a transformational ‘inflection bubble’, the mix […]
The steep rally in stocks on Wall Street is raising investor concerns about the formation of a bubble, which could lead to a significant correction. Optimism about the prospects of artificial intelligence has boosted the valuations of several tech heavyweights, including Nvidia, Microsoft and most recently Oracle. This has pushed the benchmark S&P 500, Nasdaq […]
