Goldman says the stock market has already priced in the AI boom, with $19 trillion of market value running ahead of actual economic impact so far

Goldman says the stock market has already priced in the AI boom, with $19 trillion of market value running ahead of actual economic impact so far

Goldman Sachs tackled the “most important question for the U.S. equity market outlook” on Monday: whether the market is “correctly valuing the benefits from AI.” The answer is a qualified yes, a denial that company valuations are at “bubble levels,” and a finding that the market is, shall we say, excessively optimistic. The U.S. equity…

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Patrick Sanders

Warren Buffett’s Berkshire Quietly Took a Position in Alphabet. Is It the Best AI Bet Right Now?

Berkshire Hathway owns more than $5 billion in Alphabet stock. There’s a new stock in Berkshire Hathaway‘s (BRK.A 0.41%) (BRK.B 0.29%) portfolio. The company, which has been led for six decades by its famed CEO Warren Buffett, disclosed it purchased 17.86 million shares of Alphabet (GOOG +2.99%) (GOOGL +2.95%), in a stake valued at $5.18…

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