“Past innovation-driven booms—like the 1920s and in the 1990s—have led the market to overpay for future profits even though the underlying innovations were real.”
The U.S. equity market may have already incorporated a significant amount of the potential long-term value generated by AI, according to a new analysis from the investment bank. Some “simple arithmetic,” analysts Dominic Wilson and Vickie Chang write… [3532 chars]
Source: Fortune | Published: 2025-11-17T20:56:37Z
Credit: Fortune
