Investors sour on AI as $2.7T wiped off Wall Street; profitability demanded

A $2.7 trillion market value loss on Wall Street signals a shift in investor sentiment away from AI-heavy tech stocks, which had been buoyed by hype. Despite continued multi-million-dollar investments by tech giants, investors now penalize deteriorating cash flows and demand profitability. This marks a potential inflection point in the AI trade, with implications for tech valuations and broader market risk appetite.

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