Jamie Dimon drops surprising take on AI stocks
AI has transformed business, but in doing so, it has also rewritten the stock market’s leaderboard. Since 2023, AI-driven megacaps have effectively become trillion-dollar machines, minting record-level gains while dominating the indexes. For a little color, Nvidia’s market cap alone has swelled from 4.3 trillion in a little more than two years, positioning it as the face of a market supercycle. Moreover, this frenzy isn’t confined to public markets. The Financial Times recently repo ...