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Bank of America Survey: Tech Exposure at Highest Level Since 2020

Bloomberg ·

BAC Bank Of America Corp
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  1. 1The percentage of fund managers choosing to overweight the tech sector rose to 37% last month from 30% the previous month.
  2. 2The 45% of respondents who believe there will be an AI bubble in 2027 was higher than the 42% who believe there will not be one.
  3. 3A Bank of America Corp. survey shows global investors have the highest exposure to tech stocks since the post-pandemic rebound six years ago.

So what's the key point?

Investors are buying tech stocks more than before. Interest in tech stocks is very high as concerns about an artificial intelligence bubble grow.

Source Bloomberg · View original ↗

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