Tech sector's lofty valuations raise bubble fears, Apollo's Sløk says

Tech sector's lofty valuations raise bubble fears, Apollo's Sløk says

The rise in U.S. technology stocks is quite similar to the late-1990s IT bubble, with valuations set at levels that put the sector more and more exposed, Apollo Academy chief economist Torsten Sløk warned. The technology sector has long been the driver of gains in the stock market. But, even though artificial intelligence has had a significant impa…

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