Jefferies’ Chris Wood warned that Wall Street’s AI-driven rally could end in a “massive overinvestment bust” as hyperscalers ramp up $350 billion in AI capex. He cautioned that stretched valuations and retail-driven buying may trigger a sharp correction once sentiment shifts.
Waaree Energies shares crash 5%. Can this US ruling dent solar panel maker’s image for long?
Waaree Energies shares fell nearly 5% after a US Customs ruling triggered concerns over reputational impact despite the company’s clarification. JM Financial retained its ‘Add’