Wood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the airline industry more than the winner-takes-all economics of the internet era.
Warren Buffett sounds alarm as stock market warning returns for only second time in 155 years
Warren Buffett’s caution comes as the S&P 500’s CAPE ratio approaches levels seen only during periods of extreme valuations. While elevated readings can signal weaker