After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

The New York Times · Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi, Ian Mount, Peter Eavis ·

A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.

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A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.

Andrew here. Is the artificial intelligence trade fracturing? While the technology remains in its infancy, markets are flashing warning signs over a growing financial mismatch: staggering infrastructure spending that is outstripping the revenue needed to cover those costs.

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