AI Concerns Fuel Equities Selloff, Bitcoin Briefly Drops Below $90k | The Opening Trade 11/18
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YouTubeBloomberg Television
AI Concerns Fuel Equities Selloff, Bitcoin Briefly Drops Below $90k | The Opening Trade 11/18
Valuations in the booming AI industry are due for a reassessment, according to JPMorgan Chase & Co. Vice Chairman Daniel Pinto, who warned that any decline would reverberate across the stock market. “There is probably a correction there,” Pinto said at the Bloomberg Africa Business Summit in Johannesburg on Tuesday. Initial jobless claims ...
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