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AI News from ET - AI boom fuels market mania as Jefferies flags warning signs

Vishwadeep Khatri
in AI News & Two Lenses

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Jefferies cautions investors about speculative excesses in US markets fueled by AI spending, despite a weakening dollar. Oracle's surge after a deal with OpenAI mirrors early-2000s tech bubble concerns. Meanwhile, China's AI-driven rally gains momentum, attracting reassessment from Western investors amid potential trade thaw hopes. Hong Kong shows stabilization signs, but property markets remain strained.

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