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Vanguard warns: The AI boom on Wall Street is facing a pullback.
Vanguard economist Joe Davis stated that the market has overestimated the short-term potential of AI technology, with current valuation levels approaching those of 1997, increasing the risk of a stock price "pullback". It is difficult to determine the timing of the pullback, and it is unknown whether it will start in 2025.
AI applications are accelerating penetration, Salesforce (CRM.US) performance exceeds expectations across the board! Software stocks continue to lead the AI investment wave.
salesforce, driven by AI, has achieved strong performance, and the sales outlook provided by this software giant is in line with market expectations.
