Sunday links: economic failures
Markets Valuations don't typically fall during a bull market. (awealthofcommonsense.com) Seven recent market data points including 'The sector that correlates most closely with negative sentiment is having a rough year.' (ritholtz.com) The election will take one uncertainty off the board. (tker.co) AI Big Tech is swapping buybacks for capital spending. (reuters.com) AI spending is coming with a…
Markets do not typically experience valuations declines during bull markets, according to a recent article on awealthofcommonsense.com. Ritholtz.com notes that the sector most closely correlated with negative sentiment has been having a difficult year. The election is expected to remove one source of uncertainty from the equation, as reported by tker.co.
AI and Big Tech companies are shifting from buybacks to capital spending, as detailed by Reuters.com. However, AI spending comes with a higher debt price tag, according to an article on wsj.com. A company founded just six years ago has reached a valuation of $1.5 trillion, as reported by readtrung.com.
Written by urgent.news from Abnormal Returns's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
