-+ 0.00%
-+ 0.00%
-+ 0.00%
Castle Securities believes that the market has invested so much in artificial intelligence transactions, to the point where there is almost no room for mistakes once the huge investment does not produce a return. Nohshad Shah, the company's head of fixed income sales in Europe, the Middle East, and Africa, wrote in a research report that the sell-off in technology stocks shows that investors are becoming increasingly demanding on whether huge AI spending can ultimately generate sufficient profits. “The economy and the stock market are now betting so much on artificial intelligence trading, and other risks may also be revealed, so there is almost no room for mistakes in the market,” Shah wrote. The dispute over the pros and cons of AI trading is intensifying among well-known investors. Castle manager Ken Griffin bluntly stated recently that investors are “almost certainly” in the midst of an AI bubble. However, Jon Gray, president of Blackstone Group, said demand is growing in a “parabolic” manner. Castle Investments Co-Chief Investment Officer Pablo Salame warned that wherever the AI craze goes, it will leave some “victims.”
Share
Listen to the news
Castle Securities believes that the market has invested so much in artificial intelligence transactions, to the point where there is almost no room for mistakes once the huge investment does not produce a return. Nohshad Shah, the company's head of fixed income sales in Europe, the Middle East, and Africa, wrote in a research report that the sell-off in technology stocks shows that investors are becoming increasingly demanding on whether huge AI spending can ultimately generate sufficient profits. “The economy and the stock market are now betting so much on artificial intelligence trading, and other risks may also be revealed, so there is almost no room for mistakes in the market,” Shah wrote. The dispute over the pros and cons of AI trading is intensifying among well-known investors. Castle manager Ken Griffin bluntly stated recently that investors are “almost certainly” in the midst of an AI bubble. However, Jon Gray, president of Blackstone Group, said demand is growing in a “parabolic” manner. Castle Investments Co-Chief Investment Officer Pablo Salame warned that wherever the AI craze goes, it will leave some “victims.”
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending