'AI is real, but valuations is bubble,' Is the rally sustainable and what happens to Indian investors if it cracks?
New Delhi, July 5 -- With Big Tech pouring in billions, Wall Street has been pricing in an AI-driven revolution over the past year. But has the AI trade run too far, too fast? While AI itself is reshaping industries, soaring stock valuations have sparked fresh bubble fears. If the rally cracks, what will be its impact and how painful will it be for Indian investors? Here's a look at it
Investing on based on AI potential is definately not a bubble, but "what may prove to be a bubble is the way certain AI-related stocks are being valued," said Paresh N. Bhagat, MD & Chairperson of Mangal Keshav Financial Services.
Currently, the AI investment are being led by some of the world's strongest businesses - companies such as Microsoft, Alphabet...
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