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J.P. Morgan sees a pile of red flags in the AI market

Via The Decoder
Saturday, Jun 27, 2026 · 1:22PM
Summary

J.P. Morgan warns that there are "signs of investor exuberance" in AI markets. Just 42 AI companies in the S&P 500 account for 65 to 80 percent of the index's total profits. The semiconductor rally is flashing technical patterns last seen during the dotcom bubble, and leveraged chip ETFs have quintu

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