HomeArtificial IntelligenceEchoes of dotcom bubble haunt AI-driven US stock market

Echoes of dotcom bubble haunt AI-driven US stock market

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AI enthusiasm, along with a robust economy and improved earnings, has driven the S&P 500 index to new highs this year, surging over 50% since October 2022. The Nasdaq Composite, heavily influenced by technology stocks, has soared more than 70% since the end of 2022. While several internet stocks such as Amazon survived and eventually thrived, others never recovered.

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