The AI Trade Is Wobbling. Berkshire Hathaway Was Built for a Market Like This.
It wouldn't be wrong to at least consider the possibility that recent weakness from the market's leading artificial intelligence stocks could mark the beginning of something more serious.
The AI Trade Is Wobbling. Berkshire Hathaway Was Built for a Market Like This.
Overview
After months of stellar performances, artificial intelligence (AI) stocks like Alphabet and Amazon are finally starting to struggle. Alphabet shares are down 15% from their mid-May peak, in fact, with a big chunk of that setback stemming from the loss of two key AI executives to rivals OpenAI and Anthropic, respectively. Meanwhile, concerns regarding their AI spending plans have recently rekindled lingering weakness in Microsoft and Facebook parent Meta.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
