Ajay Srivastava, CEO of Dimensions Corporate, advises against investing in traditional sectors like cement and steel, favoring innovative companies with unique infrastructure. He remains invested in Vedanta due to its high dividend yield and irreplaceable mines. Srivastava is wary of PSU stocks, viewing them as extensions of government departments hindering shareholder value.
Peter Lynch does not like the AI trade; here’s why he says ‘Know what you own’
Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually bear fruit