Hartnett Forecasts Continued Risk Aversion and Warns of AI Bubble
BAC Bank Of America Corp
$50.56 -1.02%
View chart & analysis → - 1Bank of America Corp. strategist Michael Hartnett projected that investor risk aversion will persist through mid-November.
- 2Ken Griffin warned that investors are almost certainly in an AI bubble this week.
- 3Electronic Arts is cutting 400 jobs and BioWare to reduce costs.
So what's the key point?
Investor risk aversion is expected to continue until mid-November. Ken Griffin warned of an artificial intelligence bubble, and Electronic Arts is reducing its workforce.
Source Bloomberg · View original ↗
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