Bank of America Warns That AI Investors Are in for a Nasty Reality Check ^74.5%

Futurism - By Victor Tangermann - 7/7/2026, 5:51 PM

Appeal to Authority 39.8% - Biased Writer Voice 26.4% - Appeal to Emotion 24.9%

Tech companies are running hot, with Wall Street investors sustaining multi-trillion dollar valuations despite subdued earnings. Companies heavily invested in AI are particularly challenged on that front, thanks to heavy data center spending that isn't yet — and may ever — result in sizable profits. The gap between those companies'... more