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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

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

Feed excerpt — reported by MarketWatch

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

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