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The 'Wizard of Wharton' says a tech bubble may be forming — and AI stocks like Nvidia could crash https://t.co/sBwt9R6ZOW
The 'Wizard of Wharton' says a tech bubble may be forming - and AI stocks like Nvidia could crash https://t.co/uzDForBuxX
"The top 10 companies in the S&P 500 today are more overvalued than the top 10 companies were during the tech bubble in the mid-1990s." - Torsten Sløk https://t.co/5EzzrZvzuw
Apollo, a prominent asset manager, has issued warnings about an AI bubble, comparing it to the tech bubble of the 1990s. Torsten Slok from Apollo highlights the overvaluation of top companies like Microsoft, Nvidia, Tesla, Meta, Apple, Google, and Amazon. The market is being described as a Nvidia-led tech bubble, with concerns raised about the potential crash of the Nasdaq due to the inflated hype surrounding AI stocks.
