CLSA’s equity strategist predicts an AI bubble burst within a year due to concerns over returns on significant sector investments. This sell-off is expected to benefit India as investors reallocate funds from Taiwan and Korea, seeking less frothy markets. India’s appeal lies in its cheaper valuations and the exhaustion of alternative investment options.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major