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AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBS

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AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBS

Historically, the surges in investment and in the profitability it produced have proven unsustainable for U.S. tech companies, says Michel Lerner.

AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBS

Source：MarketWatch

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Source：https://www.marketwatch.com/story/ai-stocks-havent-played-by-the-normal-valuation-rules-now-that-rates-are-higher-they-may-have-to-says-ubs-f8c78948