Analysis-Echoes of dotcom bubble haunt AI-driven US stock market
Written by Black Hot Fire Network on July 2, 2024
NEW YORK (Reuters) - A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology.
AI fever, coupled with a resilient economy and stronger earnings, has lifted the S&P 500 (^GSPC) index to fresh records this year following a . . .
