News•Mar 10, 2026
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Recent surveys reveal a majority of fund managers believe US technology companies are overinvesting in artificial intelligence. Analysts point to soaring R&D budgets and hiring spikes that outpace clear revenue prospects. The sentiment reflects growing skepticism that AI hype translates into sustainable earnings. Consequently, investors are reconsidering capital allocation toward more disciplined AI initiatives.
By Chartbook (Adam Tooze)