Tech Insider
The current IPO slump has parallels to the one that followed the dot-com bust.
The current IPO slump has parallels to the one that followed the dot-com bust.
Tech Insider
  • The breakneck rally in AI stocks has prompted unflattering comparisons with the dot-com bubble of the late 1990s.
  • But Goldman Sachs argues there's no bubble in AI stocks, and suggests they have more room to run.
  • "We are still in the relatively early stages of a new technology cycle that is likely to lead to further outperformance," a strategist at the bank said.

A stunning surge in artificial intelligence-related tech stocks has been the top US stock-market story of the year, with the likes of Nvidia delivering triple-digit returns.

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Apple CEO Tim Cook presents at WWDC 2023
Apple CEO Tim Cook speaks before the start of the Apple Worldwide Developers Conference at its headquarters on June 05, 2023 in Cupertino, California.
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Wall Street NYSE Bull
A man sits on the Wall street bull near the New York Stock Exchange (NYSE) on November 24, 2020 in New York City.
Tech Insider : Economy
Tom Lee Fundstrat
Lee suggested the US would enter an expansion in 2023, thanks to five "green shoots" in the current economic data.