AI Stocks Balloon Even As Earnings Lag, Jefferies Warns

Slashdot
By msmashJul 15, 2024, 9:21 am139 pts
An anonymous reader shares a report: A Jefferies basket of 27 large-cap AI stocks has surged 127% in value since ChatGPT's launch in late 2022, adding about $10 trillion in market cap. However, 2025 earnings forecasts for these companies have increased only 25% over the same period, Jefferies warned in a note…

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