New Delhi, Nov. 22 -- US-based hedge fund, Bridgewater Associates, founder and billionaire, Ray Dalio, in a recent interview with CNBC, said that there is an artificial intelligence (AI) bubble in the US stock market. However, investors have no need to panic-sell tech and AI stocks at this time.
Although the stock market and sectoral analysts may contest that there can be no bubble in a market without a future burst, and with Wall Street closing in on a correction path, investors are likely to look at this as a time to sell their holdings, according to a recent report from the news portal Fortune.
Ray Dalio urged investors not to sell their holdings in tech and AI stocks on the basis of an existing bubble, while also shedding light that...
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