AI optimism is driving the S&P 500 price-to-book ratio to records, surpassing dot-com levels. High valuations reflect expectations for AI-driven earnings. While the ratio's level is head-turning, it ...
The sharp rally in AI-related tech stocks over the past year has brought up old memories of the 1999 dot-com bubble. Some investors have warned that the stock market is exhibiting similarities today ...
Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...